Coloquio: Pedro Escudero y Susana Criado sobre Silverway - Estrategia y Visión (06/05/2026)

Discover in depth the history, values, and methodology behind Silverway Asset Management in this exclusive conversation between its founder, Pedro Escudero, and renowned financial journalist Susana Criado. After more than 25 years on Wall Street and a track record that consistently outperforms the market, Pedro Escudero returns to Spain with a disruptive project. In this talk, he moves beyond technical jargon to explain how the discipline of tennis, an insatiable curiosity, and microeconomic analysis are the keys to generating real wealth over the long term. Featured Topics: 🎾 From Tennis Racket to Walt Stars: How the mindset of an elite athlete translates into portfolio management. 🛑 Unformed Errors: The importance of minimizing losses to maximize compound interest (compounding). 🏰 The Defensive Phenomenon: Analysis of impenetrable sectors such as American railroads and vertically integrated software. 🤝 Commitment to the investor: Why Silverway doesn't aim to be the biggest asset manager, but the best performing. ⌛️ Next day: Fund launch in Spain and Luxembourg in early June 2026. Related video:    • Presentación Oficial del Fondo de Inversió...   Content Index [00:00] Introduction: Susana Criado presents the anticipation surrounding Silverway in Spain. [01:21] Personal History: The origins of Pedro Escudero: from a Galician village to success in the US. [04:15] The Leap into Management: JP Morgan's move to launching his own fund with an elite track record. [07:00] Efficiency in Europe: Why having the analysis team based in Madrid is key. [08:50] Investing with Guts: How to act during times of crisis and market downturns. [10:40] Unforced Errors: The mathematical key: why a 50% drop requires a 100% recovery. [12:34] Beyond "Value": Why the traditional concept of Value falls short without Quality and Growth. [14:10] Selection Filters: Microeconomics, inelastic demand, and lack of competitors. [14:10] [18:49] The Analysis Process: The importance of sitting down face-to-face with CEOs and CFOs. [20:12] Sectors to Avoid vs. Opportunities: His vision on technology (AI) and the banking sector. [23:15] Extreme Business Model: The case of Inditex and the Amazonian business ecology applied to investing. [28:15] Geographic Strategy: Why the United States will continue to be the main driver of the portfolio. [30:00] Concentration vs. Diversification: Why too many stocks dilute conviction and returns. [34:00] Investment Thesis (Davita): In-depth analysis of the dialysis duopoly in the US. [43:00] Passion for Research: Pedro's commitment to continue researching "until his last day." [45:00] The Silverway Team: Horizontal organization and the importance of the legal department. [45:00] The Silverway Team: Horizontal organization and the importance of the legal department. [48:40] Macro View: Donald Trump, US debt, and the central bank bubble. [53:15] Risk Management: Daily liquidity in UCITS products and portfolio company size. [59:40] Emerging Markets: Why currency depreciation is the "killer" of long-term investing. [01:03:38] Key Metrics: The use of Free Cash Flow Yield and Price-to-Book analysis in banks. [01:10:20] Confidence and Closure: Why Silverway will close the fund when it reaches its optimal size to protect returns. Connect with Silverway: Subscribe to the channel for more updates and visit our offices in Madrid to meet the team.    / @silverwayam   #Investment #PedroEscudero #WallStreet #Silverway #WealthManagement #S&P500 #FinancialEducation #PersonalFinance