I joined Maurice Jackson of Proven and Probable to discuss Zimbabwe, the fall of Robert Mugabe, and why the country’s problems are unlikely to be solved merely by replacing one ruler with another.

We also discuss arbitrage opportunities in the junior resource sector, the effects of tax-loss selling, and how investors can identify mispricing while keeping risk under control.

Watch the full discussion below:

Key Takeaways

• Why Zimbabwe’s political crisis is deeper than the removal of Robert Mugabe.
• Why changing the man at the top does not necessarily change the culture or institutions beneath him.
• How investors should think about political risk in frontier and emerging markets.
• Why tax-loss selling can create temporary mispricings in junior resource stocks.
• How arbitrage situations can offer upside while reducing exposure to broader market risk.