Indonesia’s Big Bet? An SWF Expert Breaks Down Danantara - Ashby Monk | Endgame #225 (Luminaries)

Video Description

Get your copy of Gita Wirjawan’s book, “What It Takes: Southeast Asia”, NOW: https://sgpp.me/what-it-takes-yt or get it at Periplus: https://sgpp.me/what-it-takes-periplus ------------------ Ashby H. B. Monk talks about how global capital can be better directed toward solving long-term problems. Drawing from a background as a rower-turned-economist, Ashby reflects on how we must rethink investment philosophies in uncertain times. From the origins of sovereign wealth funds to the irony of having trillions in capital but no real education system for investing, this conversation dives deep into the heart of global finance and development. #Endgame #GitaWirjawan #AshbyMonk ------------------ About the Luminary: Ashby Monk is a Senior Research Engineer at Stanford University and the Executive & Research Director of the Stanford Research Initiative on Long-Term Investing. With over 20 years of experience advising global investment institutions, he co-founded several fintech ventures and serves on the CFA Institute’s Future of Finance Council. He holds degrees from Princeton, the Sorbonne, and Oxford, where he earned his doctorate in economic geography. About the Host: Gita is an Indonesian entrepreneur and educator. He is the founding partner of Ikhlas Capital and the chairman of Ancora Group. Currently, he is teaching at Stanford as a visiting scholar with Stanford's Precourt Institute for Energy; and a fellow at the Harvard Kennedy School's Belfer Center for Science and International Affairs. ------------------ You might also like: https://youtu.be/zk_XV7XbYoI https://youtu.be/VHJwO13EqWE https://youtu.be/v8ExNRz-XJA ------------------ Explore and be part of our community https://endgame.id/ ------------------ Collaborations and partnerships: https://sgpp.me/contactus ------------------ Special thanks to our ‘Future Narrators’ channel members: Mariko Yoshihara, Yemotto IBRAHIM, hobi kluyuran, Fajar Prasetyo, Dyah Firgiani, keetkaat, Excel-lent, Arie Gunardi, Faizal Tajuli, Yayi Trisnawati D, Teddy Chow, Wwertyssnb, Alex Alex, Crispy_Cracker58, Priyanithi Dharsania Negara, Widi Aphrian, hndraable, Muhammad Taufik Evendi, hendro trihatmojo, azam adnani, QunÔºáan Syukrilah, Charles Andrew Tang, Ariyo Arinsa Putra, Reda Bellarbi, rabiah al adawiyah, Jaz Simbolon, Raul L. Cotto-Serrano, Muhammad Ismail Mubarak, KATE WOLSKA, pixelcadet, Itje Chodidjah, rrtrent892, Elmi CK Ong, Geralt Fajar Bukan, Abdul Rohman, Jack Duan, masni eritrina, Lucy March, auliaali05, Irawan Purwono, Krishna Putra, Agnes Pranindita, Darso Arafa, nazaruddin nasir, 747sgw, benget yakub, SP, ferra febrianti, De Guda Kessa, Sidik Propertynomics, Gusko Adnyana, Gietsea Channel, mjk939, Mawan Darmawan, Adrian Baskoro, diah anggraini, Bambang Haryanto, Ezwan Zakaria, Irene Kurniati, Marilyn C, Kianti Darusman, Revolution R, E A Makarima Mohammad, Joanna FKG, Rendy Tandi, Taswin Munier, Ayu Arman, M Firaldi Akbar Zulkarnain, Super “Buupy Pub” Bondon, Ika Budhyardjo, Ferdy Reza, Elnasdi Moda, Triyoni Hafzan, Hendry Ahen, Aria Widyanto, Ilham R, Salwaluna Maryam, Meilisva AA Taniel, Haju Ara Podcast, nonik martyastuti, Evi Susanti, ST., MM, ICP-ACC, CSMP, lintang the gaming girl, Flores Exotic Tours, Maya, Dian Anggarini, Niki S, Anita Amalia, Damarjati Bagus Satrio, Khusna W, Stefani Ngera, Adi Reksoprodjo, Dewi Risnawati, birgietta katherine, Derry Harnanda, Aleyandra Rizka Amalia, Hutomo Said, AraÔºÜTocaBoca, Ridwan Sakidja ------------------ Jump to: 0:00:00 - Intro 0:01:07 - What rowing taught Ashby 0:03:53 - His great-grandfather, a pioneer banker 0:07:32 - Economic geography 0:12:18 - The first Sovereign Wealth Fund was in Texas? 0:18:23 - Risks vs. uncertainties 0:22:54 - Developing countries should do this 0:28:24 - 100 trillion club 0:38:40 - How to turn uncertainty into risk 0:42:17 - Strategy for Indonesia 0:47:51 - We’re not in an AI era yet 1:00:30 - Smart way to use ChatGPT 1:05:46 - Sovereign Development Justice Fund? 1:12:41 - Judge an SWF from the following matrix 1:16:35 - Investing education irony 1:22:35 - Foreign currency vs. domestic currency 1:24:34 - Danantara: Indonesia’s SWF 1:35:31 - Message for Danantara 1:39:00 - “The scarcest resource is time, not capital.” 1:45:41 - Southeast Asia as a swing state