In China there is an ancient proverb 富不過三代. Meaning that wealth doesn't pass three generations. For years, it serves as a cautionary tale of how difficult it is sometimes for wealth to pass beyond generations.In Hong Kong, four dynasties dominate the property sector, each worth tens of billions of dollars. Property is the religion of Hong Kong. But now one of these seemingly untouchable dynasties is in crisis.Hong Kong developer New World jolts creditor's by delaying bond payments. They've had two different ...

Investing, if you know you have an advantage. If you smell that there's something mispriced, you want to make a bigger bet here. Even though we're in the middle of the investment, right, we get to double down.Okay. And we're going to hopefully get a 10. It's the hardest double down because we're up against the dealer 10.We didn't get everything we needed and we managed to tie, which is actually okay. So like betting your edge is such a good training ground for this game when you get to Wall Street. Problem ...

How does Ray Dalio identify top talent? He breaks down his method for Alex Rodriguez and Jason Kelly. Watch the full episode of The Deal on the Bloomberg app or listen wherever you get your podcasts. -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest top ...

You've said you won't hire any more coders at Salesforce and you've said today's CEOs will be the last to manage all human workforces. What does this mean for businesses. Well, I think I just had a meeting, you know, coming from a meeting with my head of engineering and we're looking at productivity levels of 30 to 50% this year in key functions like engineering, coding, support, you're saying service.AI is doing 30 to 50% of the work. AI is doing 30 to 50% of the work at Salesforce now and I think that tha ...

Did you really come up with the idea for Salesforce while you were swimming with dolphins in Hawaii. I did. I did.I I I do a great dolphin imitation. Did you know that. Can you.Oh my god. How do they respond. This is Mark Penny off, CEO and founder of Salesforce, the world's number one customer relationship management or CRM software provider.It's like walking with a rock star. Yeah, I'm like the Taylor Swift of tech. Don't worry, we'll give him a chance to explain that one.Do you feel like you're sort of r ...

you think about it, it's not just um the market anymore. Now, you can bet on kind of anything, right. If you think about these election betting platforms, I I actually think prediction markets are fantastic because, you know, we're in this sort of era of informationational breakdown.It's so hard to sense make about what's true and what's not. Like if I want to know like what's the likelihood that this thing that you know some big political things happened and someone makes this statement about it I would go ...

Bill Belichick learned how to motivate at the highest level early on and he shares that lesson with Alex Rodriguez and Jason Kelly. Watch the full episode of The Deal on the Bloomberg app or listen wherever you get your podcasts. -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curiou ...

So today we're interviewing Mark Beni off. He's a huge philanthropist. His name is on a lot of the hospitals in San Francisco, the Bay Area, and Hawaii.He once told me that he's the Taylor Swift of Tech. Do I even exist. Is this an existential thing.Should I bring in some spiritual guru. I don't know. Behold the tower pointing to the future.Believe it or not, Salesforce has 11 mascots. Should we headbutt. This is the view from the Ohana room. This is where the agents are being born.I just feel inspired. Hey ...

Well, I was a poker player first and then I went from poker to finance. So, did you see similarities. Yeah, I mean, there's lots of similarities between poker and running a hedge fund.Uh, in both disciplines, you have to constantly be asking yourself, where does the money come from. Every strategy that we build at our firm, the basis of the strategy is some player in markets that we think is doing something non-economic. So, it's not necessarily like they're making a mistake, but they're they're buying or s ...

Welcome to the Bloomberg Tech Conference. This is our annual event where we bring together a powerhouse lineup of big tech voices. Oh, we're going to be doing a live taping of the circuit today.So, Dylan, our director of photography, is here up from LA. Look at his little shirt. Says the circuit on it.Say hi for the socials. Hi for the socials. 1 2 3 4 5 6 7 8 9 10.So excited. Please welcome to the stage Jennifer Dana, Nobel Laurate in chemistry and founder of the innovative genomics institute for a convers ...