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Why Europe Could Be Facing Another Severe Banking Crisis

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Rupert Hargreaves
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Europe Is Facing Another Severe Banking Crisis

The following is a guest post from Jonathan Rochford, CFA Portfolio Manager of Narrow Road Capital Pty Ltd.

The big news for markets this month was the Brexit vote. The uncertainty of what happens now is real, as there are at least ten different ways Britain can leave the EU and they might not leave at all. However, blaming Brexit for the falls is superficial.Over-priced risk assets have been a bug in search of a windshield and Brexit is just a good excuse for a sell-off....

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha