Mexico

“Today, the largest profit pool for Heineken is Mexico, which they bought through the market of FEMSA. The second most profitable market in the world for Heineken State is Vietnam, which they grew Greenfield that didn't even exist in their portfolio in 1994.”

“And in 1994, after the Mexican peso devaluation, you couldn't sell a peso denominated asset or a dollar denominated asset with exposure to Mexico to anybody, and over the subsequent decade, all sorts of Mexican denominated assets were among the best performing…”

“Places like the Philippines, Vietnam, Bangladesh, Mexico will gain as a result of that kind of second location as they scale back in China and scale up there.”

“The emerging market outperformance, the outperformance of Brazil, of Mexico, of India, of Indonesia, of Singapore, et cetera, all that is being hidden by China.”

“Today's leftists in America are not the leftists from a generation ago. Again, you learn from your father's mistakes. In Latin America, you talk to guys in Chile and in Colombia and in Mexico, they've learned from Chavez. They've learned from Argentina. They d…”

“Nubank, for example, which is a business and a management team that we admire, building one of the most attractive digital banks, not just in Brazil, where it's a leader, but really when you're stack ranking it up globally, and they have a very disciplined fra…”

“This is why you put a monoline private equity guy out there in Mexico who just knows how to do private equity that has no clue about currency forwards, currency options, currency swaps. You're gonna have a big problem.”