Trading Places: An Investor’s Perspective on Recent Developments in Global Trade
Bio / Background
For over 10 years Steven has managed the Grey Value Opportunity Fund, an absolute return fund focused on identifying and exploiting extremely mispriced securities throughout the globe. He is also the Co-Managing Partner and Chief Investment Officer of a local investment firm, Grey Rhodes Advisors, LLC.
Prior to launching the Fund, Steven served as the Chief Investment Officer of a private, family-controlled investment entity based in Alexandria, VA. Before that he was Managing Director of Risk at Albright Capital Management (“ACM”), a firm he helped launch with former Secretary of State Madeleine Albright. Prior to ACM, Steven co-managed an event-driven risk arbitrage fund based in New York.
Steven graduated from Columbia University’s Graduate School of Business (MBA) in 1997, the Tulane University School of Law (JD) in 1995, and the University of Texas at Austin (BA – Honors) in 1990. He studied law in both the US and Japan and has testified as an expert witness in civil securities litigation and at the request of the Securities Exchange Commission and the Department of Justice in criminal securities proceedings.
He is currently a member of the Investor Advisory Group (IAG) of the Public Company Accounting Oversight Board (PCAOB), which oversees the audits of US-listed public companies.
In addition to studying trade relations and trade finance in graduate school, he has worked on various trade matters, including the Structural Impediments Initiative negotiations, a series of bilateral trade negotiations between the United States and Japan that began in 1989 and focused on the large trade imbalance between the two countries.
Presentation Overview
Recent developments and changes in US trade policy have made a complex, obscure topic even more difficult to grasp. Accordingly, our discussion will begin with the basics, framing the current negotiations in their historical and factual context. Against that backdrop, in lieu of debating the political pros or cons, we’ll focus on what is probable and why, and how the various outcomes might impact our national economy as well as all of us individually.