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P Pitch Archive Stock pitches across investing competitions
← Fall 2019

Talas Capital

null position long Matthew Peterson, Peterson Capital Management

Thesis

Talas Capital focuses on undervalued Turkish securities that trade for three times earnings, and despite market declines, the fund has remained flat. The long-term strategy aims to outperform both the Turkish market and the S&P 500, indicating a strong belief in the potential of these investments.

Did it work?

inconclusive confidence: low

The pitch is a general long-term strategy statement — holding undervalued Turkish securities at ~3x earnings with the goal of outperforming both the Turkish market and the S&P 500 — but no time horizon, elapsed time, or price performance data is provided. Without any return figures or evidence that the outperformance goal has been achieved or invalidated, there is nothing to confirm or break the thesis. The verdict must therefore remain open.