Core Viewpoint - The article emphasizes that the current geopolitical changes are among the most disruptive since the establishment of Bridgewater, highlighting the importance of understanding geopolitical and macroeconomic paradigms for investment strategies [1][15]. Group 1: Market Performance and Geopolitical Events - In the first half of 2025, macro hedge funds like Bridgewater's Pure Alpha achieved a 17% return, while EDL Capital's global opportunity strategy fund reached a 26% return [1]. - Significant geopolitical events have caused dramatic fluctuations in global capital markets, including the U.S. imposing tariffs leading to volatile stock market movements [2][12]. - The Nasdaq index experienced an 11.5% drop followed by a 12% rebound due to tariff announcements and subsequent delays [2]. Group 2: Geopolitical Tensions - Recent months have seen a series of major geopolitical events, including air conflicts between India and Pakistan, Israeli airstrikes on Iranian facilities, and U.S. military actions in the region [4][5][6]. - The conflict between Iran and Israel saw a rapid escalation and subsequent ceasefire, leading to significant fluctuations in oil prices [7][9]. Group 3: Investment Implications - The article discusses how geopolitical events have influenced asset prices, with gold being a standout performer, increasing over 30% in 2025, and the U.S. dollar index dropping to a three-year low [12][15]. - The shift in global economic and political order is prompting top investment institutions to focus more on geopolitical factors as key determinants of asset pricing [15]. - The upcoming closed-door session led by strategist Wang Kaiwen aims to equip participants with frameworks to analyze geopolitical impacts on investment strategies [20][24]. Group 4: Educational Initiative - The closed-door course on August 17, 2025, will cover five key lessons in geopolitical investment analysis and provide insights into future trends and asset allocation strategies [20][26]. - Participants will learn to construct a geopolitical analysis framework and review real-world cases to understand the impact of geopolitical changes on investment decisions [27][28].