WATCH: Stephen Cuunjieng on Maharlika fund, confidential funds, PSEi rebalancing | ANC
Market Edge: Michelle Ong talks to Global investment banker Stephen Cuunjieng for his take on the search for the Maharlika Investment Fund board, confidential funds, and rebalancings in the local stock market.
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Пікірлер: 92
I always enjoy listening to you, sir. I just wish this segment had episodes twice a month.
@scuunjieng
9 ай бұрын
Many thanks
I really like how Cuunjieng handled that question about "how staggering the Davao 2016 to 2022 CIF". He answered it politically blind to the "disappoinmentn (perhaps)" of the host. His wit, intelligence and maturity surpasses the biases of his host network. Comparing Davao's CIF to "bigger" cities is out of proportion. Davao has insurgency in its outskirts while those bigger cities has virtually none. By the end of SD term as mayor, Davao became insurgent free, crime rate drastically reduced and compliance to drug eradication is top notch. I guess these big cities need to ask more funds to achieve that.
@scuunjieng
8 ай бұрын
Thanks
I always appreciate the wisdom and business knowledge of Mr.Stephen, an International Investment Banker. His experience in business and ideas in politics goes beyond Philippines but worldwide.
@scuunjieng
9 ай бұрын
Many thanks
Thank you for inviting me
@kevinperez6876
9 ай бұрын
Thanks Sir Stevie. It's like I'm listening again to my STRAT MGMT professor. Agree, competency and diversity on the MIC board is a must.
@scuunjieng
9 ай бұрын
many thanks@@kevinperez6876
As usual fresh and excellent ideas from the get go. More of Stephen Cuunjieng please.
@scuunjieng
9 ай бұрын
many thanks
Though Confidential Funds and the like are NOTHING NEW, we can at least see that there were a FEW officials who did not have these type of funds and who have always been transparent. Unfortunately, the VOTERS do not want these type of officials, but prefers those who keep a lot of secret funds.
Thank you for always giving us your honest, experienced and practical point of view.
@scuunjieng
9 ай бұрын
many thanks
Thanks again Sir Steve for the monthly Stevenomics!
@scuunjieng
9 ай бұрын
Many thanks
Always happy to see and hear Stevie! Great insights as usual!!
My monthly dose of Stevie finally!
@scuunjieng
9 ай бұрын
Many thanks
Salamat sir Stevey! Daming priceless lessons!
@scuunjieng
9 ай бұрын
many thanks
Always looking forward to sir Cuunjieng gracing us every month. His guestings really do feel short, ano? Only because I'm sure we could listen to him go on all day haha
@scuunjieng
8 ай бұрын
Maybe if it was longer it would be lower quality! Many thanks
@bearsbeetsbsgalactica
8 ай бұрын
@@scuunjieng Respectfully sir, you could tell us your musings about the phone book and we'd eat it up! Thank you for the reply, have a great day sir Cuunjieng
@scuunjieng
8 ай бұрын
@@bearsbeetsbsgalactica too kind
@scuunjieng I always look forward to your segment. Thank you.
@scuunjieng
8 ай бұрын
Many thanks
Thank you Sir Stevie for your thoughts. I don't care that much about re-balancing of the PSE. Investors must check if the companies have good fundamentals or not.
@scuunjieng
8 ай бұрын
Thanks
I would watch every episode that has Stevie on it. His way of thinking is efficient but always considers the future. He really fits independent director roles.
@scuunjieng
8 ай бұрын
Many thanks
Love to listen to Mr. Stephen C. I learn a lot. And hope the government listen to this not just to those in circles of the government. Hope he offer a seat. 🙏🇵🇭👼❤️
looking forward to stevienomics every month!
@scuunjieng
9 ай бұрын
Many thanks
What's outrageous and a major issue is why Stevie gets only 15 minutes a month. SMH
@scuunjieng
9 ай бұрын
many thanks
Hey make the interview of Mr. Cuunjieng twice a month pls.✌✌
@scuunjieng
8 ай бұрын
Many thanks but it is my request to appear once a month
Ang logical ng comments ni sir Stephen. Wala ding bias.
@scuunjieng
9 ай бұрын
Salamat
So is there a thin line between confidential funds and pork barrel? Confi funds of an agency can be disclosed for public information because there's no law saying otherwise. I wonder when why it is categorized as confidential as the funds have to be audited and disclosed fully, even for the public to know.
i wish longer time for stevienomics next month
@scuunjieng
9 ай бұрын
Many thanks
Very intelligent answer- CIF is like Pork Barrel. Now Speaker Romualdez, as legislator, kindly explain the need for pork barrel fund in your responsibilities. If not, please scrap it and be like the VP.
@scuunjieng
8 ай бұрын
Thanks
I do think Davao needs more confidential funds and intelligence funds as they are always under threat of Terrorism, Davao has security protocols that when buses from other city like Kidapawan,Tagum or Gensan coming in all passengers must abide to mandatory x-ray of baggage and other security checks. 20-25 yrs ago Davao was like a warzone they did increase economic activity after they beef up their security spending.
Much awaited lecture of Prof. Stevie Cuunjieng. Confidential and intel funds are audited by the COA Chair with the interference of the President - so the COA Chair and the President pocket a huge share of the funds.
@scuunjieng
9 ай бұрын
thank you but your last point is an allegation that while possible should be backed up rather than just asserted
@JLCruise1
9 ай бұрын
Cyberlibel in the making.
@jangonzales-zr5pn
8 ай бұрын
@@JLCruise1😂😂😂Magnanakaw ang tatay, nagpakasasa naman ang anak sa nakaw na yaman. 😂😂😂Pero binoto pa rin ng mga uto-uto. Naisoli na ba ni bbm ang pork barrel na binigay nya sa fake foundation ni Napoles?😂
@rommelyadao1544
8 ай бұрын
always sound and unbiased thoughts from stevienomics... more power
@scuunjieng
8 ай бұрын
@@rommelyadao1544 many thanks
Nice to hear from Stevienomics. 1 month is too long, 15 mins, too short
@scuunjieng
9 ай бұрын
Deeply appreciated
Predictability is one of the greatest criterion in investment, thus doing it on regularly gives confidence to international investors..
there he goes again! :)
@scuunjieng
9 ай бұрын
Thanks
Let’s Hope people involved are as dedicated! We need more wise people as transparent as him! He is talking from his heart and is frankly honest!
@scuunjieng
8 ай бұрын
Many thanks. I try to be issue and analysis driven and prepare prior to the show by reading up out of respect for my viewers. Rather than just be partisan, personality driven and speak from top of my head without knowing what I am opining on.
@og1epaloma
8 ай бұрын
@scuunjieng These are what separate the wise from the common, staying outside looking in & free from very critical emotions. Aspects that are essential to create the necessary balance. Hoping to see your Team emerge with Success! We don't want Philippines to get left out with the upcoming dawn of quantum financial system. Kudos !
@scuunjieng
8 ай бұрын
@@og1epaloma many thanks
If private investment it is prone to corruption di ba?
@scuunjieng
9 ай бұрын
why public cannot be corrupt either? Either can be or not be straight forward or corrupt, well thought out or haphazard
Masyadong bitin ang 15-20 mins Steve hahaha
@scuunjieng
8 ай бұрын
Salamat
Ha, ha, Stevie, I didn't know you are a fan of Private Equity. So, do I gather that “buying to sell” can generate a much higher return on investment than the public company practice of “buying to keep?"
@scuunjieng
9 ай бұрын
look at the record of the leading PE firms and at least for the last 20 years the answer for them is yes. Low interest rates and high liquidity helped a lot to make the case.
@rolandoreyes3144
9 ай бұрын
@@scuunjieng True, high ROI is indisputable. The Roman Empire "societas" would be ecstatic of your endorsement. On the other hand, kids all over the world cursed to hi-heaven when Toys “R” Us was gobbled by WHP Global.
Davao is in Mindanao with a land area of 244,000 hectares and has the most active rebel groups ...and you're comparing it to Makati? Hehe
No enough time for agri question 😢.
@scuunjieng
9 ай бұрын
many thanks though in fairness we have discussed it many times before
Aaaaaa...nabulol si Honorable. Di nya nga alam....anti... terrorism daw. Di man lang alam ang meaning ng acronym. Bogo.
SENIORITY AND EXPERIENCE WILL NOT AND WILL NEVER PROTECT THIS PEOPLE'S MONEY IN MAHARLIKA INVESTMENT FUNDS, INTELLIGENCE AND CONFIDENTIAL FUNDS.
ipwesto si sara sa board member ng maharlika fund. mukhang fund naman yan.
Next month na naman hahaa
@scuunjieng
8 ай бұрын
Thanks
@chrisc5991
8 ай бұрын
@@scuunjieng if you're the real stevie po...We, the youth, are the ones who need to thank you for the knowledge and wisdom you provide😁
@scuunjieng
8 ай бұрын
@@chrisc5991many thanks
BBM BINABABOY n tyo Chinese. BBM gumawa kna EXECUTIVE ORDER - lahat Chinese CONTRACTORS nasa Bansa CANCELED ON GOING PROJECTS IN EXCHANGE REMOVAL CHINESE CONTRACTORS NASA BANSA. Ang problema BBM nakuwa na DOTr/ DPWH/ OP staff's- DUTERTE MGA COMMISSION.
Cybersecurity attacks need electronics surveillance and counter intelligence funds. China has an army of cyber operatives around the nations in the world. They know who are weak or vulnerable and strong countries on when to launch on virus attacks.
May budget deficit every year, na uutangin sa ibang bansa. Here comes Maharlika fund. Yung di nagastos na utang iinvest daw. Why not ibawas na lang sa uutangin for the next years budget? And we still have Privitization of govt. Owned corporation, sample na lang dyan yung proposed sa airports. Ginisa sa sariling mantika.
Thanks for continues updates👍I'd rather trade the Crypto market as its more profitable. I make an average of $34,020 per week even though I barely trade myself
@jack01885
9 ай бұрын
You actually need an expert trader assigned by a registered brokerage company to help you out. I currently trade with Mrs Charlotte Bates. She is the best when it comes to high profits in the market!
@jack01885
9 ай бұрын
There is her line!!!! look down under this comment!!!! 🆗
@jack01885
9 ай бұрын
On What's Apk ⬇️
@jack01885
9 ай бұрын
十𝟏𝟐𝟎𝟔𝟒𝟏𝟓𝟖𝟕𝟐𝟗👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻☎️☎️☎️☎️☎️☎️人人人 人人人人人人人人人copy it this way, KZread is frustrating
@jack01885
9 ай бұрын
please tell her I referred you 👍
Davao has NPA Makati has binay