DLD09 live

1. New Realities

   Tags: DLD· DLD09· germany· investments· munich· new· realities  -  0 comments

   Martin Halusa (Apax Partners)
   Viviane Reding (European Commission)
   Theodor Weimer (HVB)
   Paul-Bernhard Kallen (Hubert Burda Media)
   David Drummond (Google)
   Lars-Hendrik Röller (ESMT)
   Moderation: Carlos Bhola(Celsius Capital)

   To offer you a better live coverage during this session I'll focus on Paul-Bernhard Kallen (Hubert Burda Media), David Drummond (Google), Lars-Hendrik Röller (ESMT). At the same time Oliver Gassner will publish content related to Martin Halusa (Apax Partners), Viviane Reding (European Commission), Theodor Weimer (HVB).

   

   What does it mean to invest? How the investment environment is changing?

   Lars-Hendrik Röller (ESMT): We are much different than US. In Europe we are trying to be more competitive and we don't want to mess it up. We are trying to keep principals alive although it's a big challenge.

   Paul-Bernhard Kallen (Hubert Burda Media): It's not about about having regulation as options. The real problem is about the amount of debt. It's not about crisis it's about de-leverage.
   The question is: 'How do we surviving the next couple of years in which the economy will be de-leveraged and how to do that without previous models or blue-prints.'

   David Drummond (Google): We have to keep in mind how things get done in our government.
   
   Comment from the audience:
   It's not matter or being optimistic or pessimistic. It's about being realistic.

   David Drummond (Google): We have infrastructure that have been lacking for years. US now are starting to understand that with this new government there is a new opportunity.

   About balance of wealth and globalization.
   Chinese was tagged in the past as one of the most de-regulated nations and today is one of the leading growing economies.

   Questions about future:

   How many people believe that there further corrections in the stock markets?
   3 yes 2 no

   When we'll see key sectors/companies grow in markets?
   Average of 2 year

   If we look at hyper growth companies during this crisis, do they keep growing at a stable level or not?
   It depends

   Are US less or more attractive for foreign investment?
   Tendency to less attractive.

   Is China less or more attractive for foreign investment?
   Less

   When we'll agree that the best ideas born in economical down-turns?
   

   
   
   • Yesterday the value creation was in the financial market, today we have new sources like for example of dealing with complexity.
   
   
   • Bigger problems represent potential new big successes.
   
   
   • During the depth of this crisis there will be value creation because people will focus more on doing business.
   
   
   • The role of Universities is extremely important in Europe.
   
   

   Questions from the audience:

   How can we redirect resources to what's good for the society?
   Trust is gone. We need to get it back.

   

   Andrea Vascellari
   What does it mean to invest? How the investment environment is changing?

   January 26, 2009
   02:09 PM