Marcos Galperin y Paolo Rocca charlando acerca del futuro del trabajo, robots, automatización, reformas laborales y educación para los trabajos del futuro. Muy recomendada.
Morgan Stanley research presents: A Virtuous Cycle of Rising Growth and Returns
“We expect Argentina to normalize its economy, driving a virtuous cycle that boosts long-term growth and returns in the next five years. We see +133% (+18% CAGR) USD return for equities, +49% (+8% annual) for local rates in USD terms, and +42% (+7% per year) for sovereign credit during this period.”
“We think Argentina will not only normalize its economy in the next five years, but will also generate a virtuous cycle that will drive investments that boost long-term sustainable growth (potential GDP). By building a proprietary model based on data supplied by the authors of a joint Harvard/University of Buenos Aires study, we estimate that Argentina can lift and sustain potential GDP growth from the current 0.9% p.a. to 3.1% p.a. in the next five years, making its economy less prone to seesaw performance (see A Virtuous Cycle to Lift Long-Term Economic Growth ). Our model allows us to estimate the output gap, which in turn helps generate our actual growth and inflation forecasts.”
Excellent lecture from Peter Thiel at the Center for Professional Development at Stanford University regarding Start-ups Strategy and Competition. Peter Thiel was founder of Paypal, Palantir and first outside investor of Facebook.
Some interesting things from the conference:
“Competition is for loosers”