Jose Najarro

In fact, for most hyperscalers is a good example of thinking about return on invested capital.

Because like Google before, the reason why also they were able to compound is because they needed relatively little capital to produce the earnings and cash flows of what they were doing into new projects, or even just enhancing their search business.

Now the tides have shifted.

what they want to do now is super capital intensive and you know i don't want to deliver the point and repeat myself too much but it's just it makes it at least questionable right

It's a pleasure to be here.

Thank you for having me.

Sure.

So I've pretty much been in finance and economics all throughout my life.

Ever since I graduated from high school, I went to UVA in the States and studied.

I did a double major in finance and economics.

Then I went into investment banking for almost five years.

While I was in investment banking, I got my CFA and after that I went to do a master's in economics.

And then finally, after a very small detour that I don't think it's worth going into, I eventually moved back to my finance and value investing kind of world, which is what I'm really passionate about.

And over the last four years, I've been managing a fund called Divita Value Growth Fund, which is managed by Divita Capital, the investment manager.

And it's through a value investing approach.

And we can talk about more about that.

And maybe the only thing I'd add from my background that I think is helpful for the audience to understand is that I was studying kind of all my career and all my specialty studies.

I was doing it kind of in parallel.

On the one hand, it was what I was being taught in college or the CFA or my master's.

But on the other hand, I was doing my own kind of self-studying because what I was being taught are kind of mainstream explanations for finance and economic phenomena or whatever.