A lot of people talk about betting on themselves, but few people actually do it. ...

In China party leaders are bent on achieving self-reliance, and on avoiding dependence on America. In many ways they are preparing for “a return to the 1950s” https://t.co/Qq3l99h8H4 ...

Overcoming Adversity and Achieving Dreams - The speaker recounts a personal journey of recovery from severe post-traumatic stress disorder following a road traffic accident [1] - The journey involved overcoming fear, anxiety, and depression to fulfill a dream of driving from the United Kingdom to India [3][9] - The speaker drove solo through 32 countries in 57 days, covering 35,383 kilometers [4] Expedition Details and Challenges - The expedition included driving through nine mountain ranges, nine time zones, the Arctic Circle, and three major deserts [5] - The speaker acted as their own mechanic and doctor, performing car repairs and administering first aid in remote locations [6] - Pre-expedition preparations included cooking and freezing two months' worth of meals for the family [7] Inspiring Others and Personal Growth - The journey was described as a pilgrimage and a conversation with oneself, emphasizing personal exploration and growth [8][9] - The speaker highlights the importance of overcoming fear and taking journeys within oneself to inspire and motivate others [10] - The speaker emphasizes that anything is possible with determination and that individuals have the power to overcome their own challenges [9][10] Positive Interactions and Humanity - The speaker shares instances of kindness and help received from strangers along the way, highlighting the positive aspects of humanity [16][19] - Examples include a family in Kyistan offering a meal and a mechanic in China fixing a car suspension for free [16] - The speaker also mentions being treated favorably at the Russia-Latvia border due to being perceived as Indian [17][18][19]

RT Nick Szabo (@NickSzabo4)Alas, these are mostly about fantasies of *individual* self-reliance, which when tried by normal people in real life lead to atomization and greater, not lesser, reliance on strangers.Reducing reliance on strangers requires more and better interactions between people who have shared customs, shared understandings, who know each other well, and thus are capable of considerably better communications than occur between strangers.First-hand accounts of old European village life (for t ...

You can think for yourself. Really.Stop waiting for others to feed you information because that's all you'll get. What they want you to know. ...

America's edge will fade if Beijing builds a genuinely self-reliant system, writes @KarishmaJourno (via @opinion) https://t.co/qvwvPh3MB6 ...

RT Andrew Tate (@Cobratate)Always bet on what you can control.Always bet on yourself. https://t.co/jx84MdRczU ...

Summary of Key Points from the Conference Call Industry and Company Focus - The conference call discusses the strategic sectors in China, particularly focusing on innovative growth companies that are expected to emerge as "China Next Winners" in the context of the country's five-year plans [1][3][4]. Core Insights and Arguments 1. **Five-Year Plans as Investment Roadmaps**: China's five-year plans have historically served as effective roadmaps for investors, highlighting key sectors that are prioritized for growth. Significant alpha generation is often observed in the initial years following the prioritization of these sectors [3][12][13]. 2. **Key Growth Areas Identified**: - **Technology and Innovation**: Growth in semiconductors and artificial intelligence (AI) is anticipated, with a focus on self-reliance and high-tech innovation [3][4]. - **Advanced Manufacturing and Automation**: Chinese companies are expanding in mature automation areas, with new entrants in humanoid robotics benefiting from a large customer base and lower development costs [3]. - **Green Technology Leadership**: China has achieved 50% penetration of electric vehicles, with expectations for full electrification by the end of the decade. Rapid development in solar, wind, and nuclear energy is also anticipated [3]. - **Healthcare and Drug Development**: The aging population is expected to create greater opportunities in healthcare, with the industry catching up to global standards in R&D capabilities [3]. - **Domestic Consumption Boost**: A shift in consumer behavior from material ownership to experiential wealth is noted, benefiting companies focused on experiences rather than goods [3]. - **Urban Air Mobility**: China aims to dominate the low altitude economy, with proactive regulations and infrastructure development supporting this market [3]. 3. **Investment Implications**: The report emphasizes that growth stocks and innovative companies have historically provided the best returns for long-term investors, with a focus on high-growth and highly innovative firms [4][12]. 4. **Top Stock Recommendations**: Key stocks highlighted include Tencent, CATL, Alibaba, Trip.com, Luxshare, Hengrui, and Innovent as potential investment opportunities [4]. Additional Important Insights 1. **Historical Performance of Strategic Industries**: Industries identified as strategic in five-year plans have historically shown an average alpha of 30-40% in the first two years post-inclusion, although returns tend to decline after five years [13][17]. 2. **Characteristics of Historical Winners**: Successful companies typically emerged from mid-cap stocks (around $5 billion adjusted for today's market size), with reasonable valuations (13x PE), operating margins of 6-9%, and long-term earnings growth expectations exceeding 12% [12][50]. 3. **Long-Term Trends**: The report indicates that high-growth and innovative companies have generated significant annualized alpha, with the top 20% of the market leading in innovation yielding 8.5% p.a. alpha over the last decade [12][50]. 4. **Geopolitical and Macroeconomic Influences**: The evolving geopolitical landscape and domestic structural challenges are shaping China's economic and policy environment, emphasizing self-reliance and technological innovation [14][29]. This summary encapsulates the key points discussed in the conference call, focusing on the strategic sectors and companies poised for growth in China, as well as the historical context and investment implications derived from the five-year plans.

It's a critical period for China as it prepares for high stakes talks with the US next week. Ahead of those discussions, one of China's most important political meetings, the so-called fourth plenum took place over 4 days. It gave insight into what President Xi Jinping and his government are looking to prioritize while locked in the trade war with the US.Topping the agenda, China called for more self-reliance of technology and vow to increase advanced manufacturing. This could be a way to counter efforts by ...

Summary of Key Points from the Conference Call Industry and Company Involved - **Industry**: A-share market in China - **Company**: Nomura Orient International Securities Co., Ltd. Core Insights and Arguments 1. **Impact of US Tariffs**: The US announced a new 100% tariff on imports from China, which has reignited trade tensions. This move is seen as non-constructive by China's Ministry of Commerce [1][2][3] 2. **Market Sentiment**: A fresh round of tariffs is unsettling market sentiment, particularly affecting the Hong Kong market, which may experience short-term selling pressure. This could spill over to the A-share market, leading to correction risks for dual-listed companies [2][3] 3. **Resilience in Certain Sectors**: Despite the trade tensions, sectors less exposed to the latest flare-up, such as technology (especially self-reliance and defense) and high-dividend stocks, are expected to show resilience [3][4] 4. **Self-Reliance as a Long-Term Strategy**: China's self-reliance agenda is anticipated to drive capital formation and policy continuity, suggesting sustained investor interest in sectors like military trade, domestic semiconductor substitution, AI infrastructure, and commercial aerospace [4][5] 5. **Risks to the Outlook**: Potential risks include a broad market downturn, weaker-than-expected policy support, and global sovereign debt risks [5] Other Important but Possibly Overlooked Content 1. **Market Reaction to Trade Talks**: The market has not fully priced in the risks of further escalation in trade tensions, and investors are advised to monitor the upcoming APEC meeting for signs of a truce [3][4] 2. **Government Leverage**: The self-reliance agenda may lead to a gradual rise in government leverage, which could impact capital markets positively in the medium to long term [4] 3. **Investor Recommendations**: Investors are encouraged to focus on A-share sectors that align with the self-reliance theme, as these are expected to benefit from ongoing policy support [4]