Summary of the Conference Call Company and Industry Involved - The conference call involves **JingShun Great Wall**, specifically focusing on the **robot investment** sector. Core Points and Arguments - **Introduction of Fund Manager**: Mr. Zhang Xiaonan, a fund manager from the ETF and Innovation Investment Department, is introduced to share insights on robot investment [1]. Other Important but Possibly Overlooked Content - **Research Focus**: The call emphasizes the importance of understanding the dynamics of the robot investment market, indicating a strategic focus on innovation and technology within the investment portfolio [1].

Summary of Conference Call Industry or Company Involved - The discussion revolves around global economic trends and investment opportunities. Core Points and Arguments - There is a need for anticipation regarding changes in global economic data, which may present both investment opportunities and uncertainties [1] - The speaker emphasizes the importance of identifying turning points in the market to better understand potential investment strategies [1] Other Important but Possibly Overlooked Content - The call highlights the significance of monitoring key economic indicators from major global economies to inform investment decisions [1]

一些方向性的变化这个拐点在哪里那么因此给大家带来的这种投资机会和不确定性到底在哪里今天要回答这样的问题总体来看的话应该说鉴于目前的全球的一些重要的经济体的数据的变化我们还是有一些需要有个提前的这种预判那么在全球的增长方面的话应该说我会看到 像美国欧洲日本包括中国在内的这些国家在下半年包括明年的话应该在增长速度方面会有不同的表现那么它的原因有各种各样的背后的驱动的力量但是全球化和逆全球化应该是它的主要的驱动因素之一我们从这个数据来看的话主要的经济体 从去年也好今年上半年也好表现是不尽相同对于中国来讲的话我们去年GDP是5.2%在主要经济体当中其实也是名列前茅到了今年上半年我们看到全球主要的经济体那么去除通胀的因素中国实际的GDP增长速度处在全球的比较高位的水平是4.7% 那美国的实际GDP增长的这个速度呢它是处在这个中位回落的水平大概是3.1%这样一个区间那欧洲和日本呢现在看还是处在这个比较低位产出方面是这个成压的 因此我们说主要经济体当中就实际增速来看的话中国还是排在比较高的位置美国居于中间日本和欧洲它是处于下行 那我们从原因来看的话大家知道全球的贸易对于增长本身是具有比较大的促进作用或者双方是互为因果二者是 ...

尊敬的各位领导各位来宾女士们先生们大家上午好欢迎各位来到2024世界人工智能大会即人工智能全球治理高级别会议全体会议的现场我是上海广播电视台第一财经的主持人黄伟本届大会的主题是以共商促共享以善治促善治 当前人工智能全球治理已经成为世界各国共同面临的重大课题急需通过对话与合作凝聚共识管控风险推动人工智能朝着科技向善的方向发展今天在我们全体大会的一开始首先邀请到的第一位嘉宾是我们WAC的老朋友一直以来他都在不懈的推动着全球人工智能的治理发展 各位接下来让我们用热烈的掌声有请清华大学苏世民书院院长清华大学人工智能国际治理研究院院长薛岚先生带来他最新的见解掌声有请 大家上午好非常高兴有机会今天跟大家来分享关于人工智能治理的一些想法我想今天从三个方面跟大家来交流首先的话就是人工智能的未来带来的收益和这种可能带来的风险第二个的话就是在这方面的人工智能的治理方面中国做出一些做过了一些什么样的实践 和以其他可能带来的启发第三个的话讨论一下人工智能的国际治理问题首先我想让大家看到人工智能发展的话可以给我们带来各方面的收益有各方面的广泛的应用我想这个大家都比较熟悉但我想可能在更加宏观的一个角度来看那么它能够为我们做什么因为大家知 ...

从人工智能大会看后续产业投资机会 ...

多资料加入知识星球:水木调研纪要 关注公众号:水木纪委 | --- | --- | |----------------------------------------------------------------------------------------|-----------| | | gold.org | | Gold Mid-Year Outlook 2024 In search of a catalyst | | | 更多一手调研纪要和研报 t教授加V: shuinu9870 = 调研纪要和研报教授加V，shuinu981 | F调研究要 | fall play 多资料加入知识星球：水木调研纪要 关注公众号：永木纪委 gold.org Contents | --- | --- | |--------------------------------------------------------------------|-------| | A market in search of a catalyst | | | Setting the record straight | | | H2: i ...

2024.07.01 21:51 星期一 7月4日-7月6日在上海举行，国产大模型受重点关注；历史 | --- | --- | --- | |------------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Welcome to today's online talking, a serious way where we delve into the heart of artificial intelligence, explore more about innovation challenges and ethical quandary. Welcome to today's online talking, a series where we delve into the heart of artificial intelligence, explore more about the innovation, challenges and ethical boundaries that come with this transformable technology. Today, we are joined by James Skinner, the founder of AI SuperHuman, best-selling author and famous public speaker. So, Mr. S ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 研究了世界上25位 极具代表性的CIO（首席投资官）之后 他们的方法都是一致的，而且可以复制 结论2 这25位CIO来自家办、OCIO和捐赠基金 按照回报水平，可以分成3个梯度 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 ·顶尖的CIO拥抱新兴事物，乐于深入研究世界上 未知的部分。 ·他们往往并非金融科班出身，而是在自己的领域 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 40岁前 Paula Volent 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 但是他们的方法不可被教授，只能被学习 这取⬀于做一名顶级的CIO本身能否给你带来满足感 结论3 我们研究的所有CIO都已经做到了各自领域的领先水平 但是真正杰出和一般优秀的区别，就在方寸之间 任职后资产增长规模 5亿美元及以下 200亿美元及以上 十年年化 5% 及以下 十年年化 10% 及以上 登峰造极之后进入投资行业。 ·和相信数据和回报稳定的资产相比，他们更擅长 拓展认知框架，源源不断地找到创造alpha的人。 学哲学的摄影师，开拓普林斯顿大学的辉煌30年 定 ...

Summary of Gold Valuation Framework Industry Overview - The document focuses on the gold industry and its valuation framework, emphasizing the unique characteristics of gold as an investment asset and its demand and supply dynamics. Core Points and Arguments 1. **Valuation Challenges**: Gold does not fit traditional valuation models due to the absence of coupons or dividends, making discounted cash flow models ineffective. Instead, gold's performance is explained through market equilibrium principles [4][6][8]. 2. **Demand and Supply Dynamics**: The equilibrium price of gold is determined by the intersection of demand and supply, influenced by various macroeconomic factors. Demand can be segmented into different sectors, including jewelry, technology, identifiable investment, implied investment, and central banks [8][9][28]. 3. **Economic Growth and Gold Demand**: Contrary to common belief, positive economic growth can increase gold demand, particularly from major markets like India and China, which accounted for over 50% of global gold demand by 2015 [8][9]. 4. **Central Bank Influence**: Central bank demand for gold can significantly impact the market, driven by both economic expansion and uncertainty [8]. 5. **Scarcity of Gold**: The availability of gold is limited by mining capacity and the willingness of investors to sell their holdings, contributing to its value [8]. Important but Overlooked Content 1. **Model Accuracy**: The proposed Gold Valuation Framework (Model 1.0) has shown a 97% explanatory power for the variation in gold prices and a 73% accuracy in predicting the direction of price movements from 1980 to 2018 [10][11]. 2. **Segmentation of Demand**: The demand for gold is segmented into five key sectors, each influenced by different factors, which allows for a more nuanced understanding of market dynamics [9][20][24]. 3. **Supply Factors**: Mine production is influenced by long-term trends, regulatory hurdles, and credit risk environments, while recycling is affected by gold prices and GDP growth in emerging markets [35][41][45]. 4. **Hedging and Producer Behavior**: The behavior of gold producers regarding hedging is influenced by the yield curve and market conditions, which can affect their profit margins and production decisions [39][40]. Conclusion - The Gold Valuation Framework provides a comprehensive approach to understanding gold's market dynamics, emphasizing the importance of economic indicators, market segmentation, and the unique characteristics of gold as an investment. The model's high accuracy in predicting price movements underscores its potential utility for investors and analysts in the gold market.