We think that Chinese internet and India banks for example are not necessarily a zero-sum game where you have one you do not need to have any exposure in the other. They are not direct trade off and we can see a case where over the medium and long term both will drive ahead.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026