My guest on the show today is author and investor, Brendan Hughes. Brendan wrote a very interesting book entitled Markets in Chaos where he analyzed various boom-and-bust cycles that have happened over history. Brendan is also on the investment team at Lafayette Investments, a Maryland-based RIA. In this wide-ranging discussion, we covered: The major lessons he learned from writing Markets in Chaos Lafayette’s approach to security selection; How he and his firm define a quality company; Similarities and differences between today and the 1970s US energy crisis; and Why he has a strong distaste for the value and growth labels that get placed on investment strategies For more information about Lafayette Investments, please visit: https://www.lafayetteinvestments.com/ ”Markets in Chaos” on Amazon: https://www.amazon.com/Markets-Chaos-History-Market-Crises/dp/1637425147 Listen to all Compounders Podcast episodes on either Apple or Spotify iTunes: https://apple.co/3xlUvPY Spotify: https://spoti.fi/3jxkxLl All opinions expressed by your hosts and the podcast guests are solely their own opinions and do not reflect the opinion of SNN or its affiliates. This podcast is for informational purposes only, it is not investment advice, and should not be relied upon for any investment decisions. We are not recommending the purchase or sale of any securities. The hosts and guests may be beneficial owners of the securities discussed. You should not assume that the securities discussed are or will be profitable.