2. André Kostolany
- “95% of the work that investors do are waste of time. They spend all
their time looking at graphs and reading reports but don’t think. But
the most important quality for an investor is ability to think.”
3. Financial Crisis of 2008
Worst financial crisis since Great Depression in
1930s
Bursting of U.S. housing bubble in 2006
Values of securities tied to US real estate pricing
plummeted, damaged financial institutions globally
CHINA comes into power
4. G2
Current Superpower vs. Challenger
completely opposite views on economy
ASEAN (Association of SouthEast Asian Nations)
EU → Three-Party Negotiation
5. Global Investing Trend
Taking a bet on China/USA
Nations around Indian Ocean gets the
most benefit → development
(ex. Ukraine, Turkey, Indonesia)
6. Geopolitical Benefits
Ukraine, Turkey, South Africa, Indonesia
Ukraine: x participating in competition, but getting
benefits from the competition itself
South Africa: strategic importance in future resource
wars
Indonesia: Surrounded by US&China, construction of
military base, expand political influence
Turkey: Control the relationship between
EU, US, and China
