From 600+ conversations with the world’s leading thinkers.
We have to understand that the world has been inefficient for decades, producing too much, using too much and throwing away too much. We waste 75% of the energy we produce, half the food we produce and half of our natural resources.
My greatest fear is that we have learnt nothing. Individually, we have learnt that the longer your population lives healthy, the better off your economy will be.
...in situations of high uncertainty, personal information exchange may reach market-wide impacts, as the examples of bank runs and speculative attacks on national currencies show.
We estimate that between 2010 and 2015, there will be 150million new Chinese entering the middle-class. That's a middle-class which increasingly buys diamonds as a gift of love and as a memento of stature.
The main issue around homelessness is simple- there aren't enough homes for people. That's the fundamental, systemic fact, that a lot of well-meaning acts of charity don't address; and that includes homelessness charities.
We didn't initiate this venture to merely establish another VC fund – India certainly doesn't need an additional one, given the abundance of capital already available. Our belief at Together Fund is that we can effect change through our current, first-hand experience, as operators who have scaled a company in this decade. Our knowledge is fresh and applicable, not outdated.
I think the 2008-2011 era has demonstrated that there are major problems with the structure and governance of the EMU and there is need for considerable change, probably more fiscal and political union, of which a common Euro denominated bond will be part of.
Governments are keen to levy brutal taxes on the very engines that create the market for goods and services; lowering their propensity to spend and invest by removing the surpluses they would normally use to do so.
...in the long-term, random investment strategies provide gains comparable to those seen where technical strategies are applied.
Seventeen of the top twenty universities in the world are in the USA, one third of all students who leave their countries to study in another come to the USA. There are only a handful of countries who spend relatively more on R&D than the USA.
This single revenue source, within less than ten years of its existence, has empowered women to such an extent. This clearly shows the significant influence and impact it has had on these women's lives, on female representation, and on the power that money wields.
In our paper we report an 86% accuracy in predicting the up and down movements in the Dow Jones three or four days out. The question is how you turn that into a money making strategy. It could be- for example- that you lose ALL your money in that other 14%!