Korea

“The Talmud right now is like one of the number one read books in Korea. They actually have as a part of their standard education.”

“Indonesia, Thailand, Korea went down over 95% in dollar terms.”

“If you look at Japan, Korea, and increasingly power as a percentage of our risk in our portfolio, that's probably 40% of our risk.”

“That's where in places like Korea, where it's a huge equity market and you can count the number of good hedge funds on one hand. So we think it's a secular play. That's why we built a business there, a hedge fund business there, and we expect to be there indef…”

“We do have some beta portfolio. We have it in Japan. We have it in Korea and things like that. And so like, I definitely have indirect beta and I have some direct beta bets, but the direct beta bets in our portfolio are very, very intentional.”

“And so the purpose of a corporation was different, very different in Korea than it is in the United States. And so you have to understand those nuances to understand that they will never, no matter how much Corporate raiders and campaigns are there. For the Ko…”

“We have seen peak globalization. The export driven economic model that was used by very successfully by Japan, then Korea, Taiwan, and now China, that is not going to be as easy to replicate going forward.”

“We've had the same country managers in Japan, in China, in India, Korea, and Australia from the very beginning, and we've been there for 20 plus years”

“If you're Japan or Korea, you're dependent on the U.S. Security umbrella, you've got U.S. Troops in your territory, you're always going to do whatever deal the U.S. Puts in front of you.”

“Now, if you look at equities, the MSCI global, Korea, China, India, Brazil, make up 70 plus percent of that index. So you are actually buying a very concentrated exposure, not a very diversified exposure.”