Going into 1997 a fair number of upper and upper middle class people in Hong Kong did leave to other countries out of fear of Communist rule. The former manifested in the form of the old Jewish shipping clans relocating to Israel. The latter was selective Chinese immigration to Vancouver, Sydney, and London. The British returned to the UK.Among those who stayed, most were highly bullish on the Chinese economy and HK’s role in it. They were proven right over the next two decades. In 1996, Shui On Group bough ...

Group 1: Market Outlook - The next trillion dollars of India's market capitalization could create more wealth than the last due to compounding on a larger base, deeper participation, and improving corporate profitability [1] - India's GDP is projected to grow from $4 trillion to $16 trillion over the next 17 years, driving massive demand across sectors [11] - The market cap-to-GDP ratio has risen sharply since 2008, indicating a growing wealth creation environment [8] Group 2: Technology Sector Insights - Technology accounted for nearly 30% of the index and has driven significant wealth creation over the past five years, although many tech stocks are currently underperforming [3] - The technology services sector is entering a new phase, with AI expected to expand project capacity and demand significantly [4] - Companies like Infosys and TCS remain relevant despite facing headwinds, and their capabilities are expected to grow as AI evolves [5] Group 3: Wealth Distribution and Economic Impact - The concentration of wealth in the top 5% of the population raises questions about how the remaining 95% will access wealth-building opportunities [13] - The wealth effect in India is not as pronounced as in the US, where a larger percentage of the population participates in the markets, contributing to GDP growth [14] - As stock market wealth grows, it translates into real-world spending and economic growth, which is often underestimated by economists [15] Group 4: Investment Strategy - Investors should set realistic expectations and understand that consistent compounding is key to long-term wealth creation [18] - The market compounds at about 15%, and achieving higher returns requires skill and discipline [17] - Patience is essential, as the desire for quick gains can lead to losses [17]

Crashes create millionaires, not manias. ...

RT MSB Intel (@MSBIntel)The distinction @brian_armstrong made between the 'unbanked' and the 'unbrokered' is the trillion-dollar insight here. We spent the last decade trying to solve payments, but we ignored the actual engine of wealth creation: asset compounding.What Coinbase Tokenize is effectively doing is fixing the unit economics of capitalism. In the legacy financial system, high back-office fees and settlement risks act as an artificial gatekeeper... it is simply too operationally expensive to let s ...

RT Gaurav Sharma (@Gaurav1105)The West is a “profession-protected economy,” not a market economy. The highest-cost sectors are shielded by legislation, licensing, guilds, and regulatory capture; not by technology.Wealth is not created by cheaper stuff, it’s created by cheaper constraints. The real bottlenecks are law, housing, healthcare, and education. Until AI collapses those costs, society won’t feel richer.AI breaks abundance. Regulation restores scarcity. ...

Your 40s and 50s are critical for wealth creation. Learn the median net worth for this age group and how to prepare for retirement. https://t.co/7ZostF7vHm ...

From @WSJopinion: The Gen Z socialists now rising in politics may not admit it, but they are living off the prosperity created by wealth creators like Walmart’s CEOhttps://t.co/UUUJSb1pKQ ...

GM. You don’t get rich doing new things.You get rich doing one thing, over and over, until everyone else quits. https://t.co/JYRoEwnOqi ...

Economic Ideologies - The discussion emphasizes the failure of socialism and communism compared to the success of capitalism in producing prosperity [1][2][3] - The importance of financial literacy in education is highlighted as a means to promote understanding of capitalism and economic growth [3][4] Policy Recommendations - To address affordability issues, the focus should be on increasing energy supply, reducing government spending, and lowering taxes [4][9] - The need for the Republican party to actively promote capitalism and avoid becoming a less socialist version of the left is stressed [8][12] Education System - There is a call for improving educational standards, particularly in math and science, to better prepare students for the workforce [15][18] - The current educational system is criticized for prioritizing ideological indoctrination over academic excellence, which has led to a decline in educational achievement [17][18]

Market Trends & Investment Opportunities - Private markets are experiencing secular growth, indicating a long-term shift [1] - Private credit managers are increasingly important due to banks' reduced lending [1][2] - Offering customized financial solutions is crucial for individual clients [2] Industry Perspective & Social Impact - The industry needs to redefine its role to better assist individuals in achieving their life goals [3][4] - Helping people build savings is essential for their financial well-being [4]