Maciej Wojtal
speaker
244 appearances
1 recordings
1 series
first heard Jun 2025
last heard Jun 2025
Maciej Wojtal’s voice in public audio — every appearance, attributed to the second.
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Appearances
So for the past week it was difficult for everyone to to check what was going on in Iran because internet was shut down basically.
So I could communicate with my team on the ground in Tehran once a day when they had signal and sometimes it was WhatsApp that was working, sometimes Telegram, but it was maybe once or twice per day.
So what was going on in the market was simply nothing.
So the stock market hasn't opened.
Um
The exchange of fire between Iran and Israel happened on a Friday, which is weekend in Iran.
And then on the following Saturday, there was an important religious holiday.
So the market, and actually the whole economy, was supposed to be closed anyway.
The economic activity, the market was supposed to resume on a Sunday, but they didn't open.
So, so so so so the market, the stock market, pretty much most of the
currency market has been closed for the last two weeks.
Yeah, you get compensated for actually giving access to the market because it's very difficult or impossible to get access at this moment as a non-resident in Iran to the local stock market.
But also you get paid for solving all the operational problems.
You know, we've we have quite a long track record in Iran.
And the main thing actually that I that we're really proud of, because investing when everything is priced for war is fairly easy, right?
And also you have a market.
That is very inefficient because it's driven by retail investors.
Like 90% of daily flows are coming from retail.
So there is a lot of alpha, a lot of inefficiencies that you can harvest.
But the real issue is our operations.
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