do yo

1. The First Speculative Bubble 1 February 2011 Nick|Kalikajaros www.kalikajaros.com

2. The First Speculative Bubble 2 Nick|Kalikajaros www.kalikajaros.com © Nick Kalikajaros 2010

3. Tulip Mania 3 Nick|Kalikajaros www.kalikajaros.com © Nick Kalikajaros 2010

4. Overview 4 Nick|Kalikajaros www.kalikajaros.com At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman. It is generally considered the first recorded speculative bubble. © Nick Kalikajaros 2010

5. The Second Speculative Bubble 5 February 2011 Nick|Kalikajaros www.kalikajaros.com

6. South Sea Company 6 Nick|Kalikajaros www.kalikajaros.com The South Sea Company was a British joint stock company that traded in South America during the 18th century. Founded in 1711, the company was granted a monopoly to trade in Spain's South American colonies as part of a treaty during the War of Spanish Succession. In return, the company assumed the national debt England had incurred during the war. Speculation in the company's stock led to a great economic bubble known as the South Sea Bubble in 1720, which caused financial ruin for many. In spite of this it was restructured and continued to operate for more than a century after the Bubble. © Nick Kalikajaros 2010

7. Nick|Kalikajaros www.kalikajaros.com Nick Kalikajaros (SF Fin) Nick is an experienced leader in the Financial Services Industry in Australia and the Asia Pacific with particular emphasis in Domestic and International Private Banking, Wealth Management and Corporate Advisory for over 25 years. He has worked at a number of leading organisations including Credit Suisse (CEO & Managing Director of Credit Suisse Private Bank. Australia), Merrill Lynch (Head of Global Private Clients, Australia and New Zealand), St George Bank (General Manager and Head of Private Bank), UBS (Co-Head of UBS Private Clients, Australia) and Commonwealth Bank of Australia (Senior Executive positions in Private Banking, Business Banking and Credit). Providing innovative solutions to stakeholders in international wealth management markets, Nick services sovereign wealth funds, global banks, private wealth managers & brokers, institutional investors, professional services firms, government and regulators, High Net Worth investors, Affluent Investors and Mass Affluent Investors and their advisors. Nick’s primary focus is on emerging markets in Asia Pacific, Middle East (MENA) and Central Eastern Europe (CEE) as well providing coverage on Australia, USA, UK and European markets. Nick has a successful track record of establishing and building wealth management business for domestic and global financial institutions and entrepreneurship, setting a foothold in several industries with significant exposure to global networking. He has knowledge and experience in General Management, Start-ups, Turnarounds, Leadership, Operations, Human Resources and Strategy. Nick's private client base has ranged from sovereign wealth funds, family offices, small corporates, entrepreneurs, executives of both publicly quoted and unlisted companies, professionals such as solicitors and accountants, sportspeople and entertainers. Nick is the founder of the Linkedin Groups 'Global Private Banking and Wealth Management Nick is also a Non Executive Director - Elect for a respected Australian Solar Energy Group, Deputy CEO for an Asia Pacific Private Equity Group, Senior Industry Advisor to a Global Consulting and Advisory Group covering banking and wealth management, Regional Consultant Asia Pacific & MENA for an organisation that provides advisory and consulting services on clients strategic business issues and their impacts on professional development, Regional Leader Asia Pacific & MENA for a soon to be launched web platform globally catering for islamic professionals and executives and Project Director for a Global Research Group covering banking and wealth management. Email nick@kalikajaros.com Cell Singapore +65 9108 4808 Cell Australia +61 424 158 724 © Nick Kalikajaros 2010