A Quote by Andrew Mango
Historically Turkey hasn't had much success in attracting foreign investment. Slowly that is changing. There's a tradition of arbitrary decisions by government ministers and senior civil servants, which would ruin businesses from one day to the next, and which has tended to deter foreign investment. That's changing, and convergence with E.U. practices is a good thing in that it improves governance.
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Policies aimed at attracting more foreign investment into India would naturally be a part of an external stabilisation strategy.
Istanbul and the western and southern seaboards are very Europeanized. But then you have the Kurdish areas, in the southeast. That's Turkey's Middle East, where you have a different society, which itself is changing but much more slowly, where women are maltreated, are expected to have huge families, and are often basically beasts of burden. That is changing - with education, with the movement of people from the southeast to the west and the cities. As with so much in Turkey, you can't expect change to happen overnight.
I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.
Technology is changing so fast that investment in hardware is getting riskier everyday. On the other hand, whether it is traditional computers or smart gadgets which are part of the convergence technologies of the future, some planning of hardware needs is still important.
Some bold and structural reforms have been initiated such as easing on limits on foreign direct investment in defence manufacturing, privatisation of six more airports and allowing private sector in commercial coal mining, which will open up investment in these sectors.
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.
But foreign should not be defined in geographical terms. Then it would have no meaning except territorial or tribal patriotism. To me that alone is foreign which is foreign to truth, foreign to Atman.
I've never met him, but I love the simplicity with which Warren Buffett describes good and bad businesses and how he makes his investment decisions.
We had something in the United States called, which is called CFIUS, which is the Committee on Foreign Investment in the U.S. My husband used to be one of the lawyers on that committee.
One ship is very much like another and the sea is always the same. In the immutability of their surroundings the foreign shores, the foreign faces, the changing immensity of life, glide past, veiled not by a sense of mystery but by a slightly disdainful ignorance; for there is nothing mysterious to a seaman unless it be the sea itself, which is the mistress of his existence and as inscrutable as Destiny.
American companies based in Scotland employ large numbers of people - in fact, we are the best performing part of the U.K., outside London and the southeast of England when it comes to attracting foreign direct investment.
The true secret of success in the investment and speculative world is not so much which good securities to buy, but rather which investments to avoid.
The materialisation of reforms in the form of rollout of the GST, the institution of Indian Insolvency and Bankruptcy Code, and the abolition of the Foreign Investment Promotion Board should boost investor and investment confidence.
'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.
I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.
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