Commodity exchanges have a lot of advantages. One, you are helping transparency. Two, they are not political. It's institutional building. It can survive any environment, in theory. Nicolas Berggruen More Quotes by Nicolas Berggruen More Quotes From Nicolas Berggruen The biggest determinant in our lives is culture, where we are born, what the environment looks like. But the second biggest determinant is probably governance, good governance or a certain kind of governance makes a huge difference in our lives. Nicolas Berggruen differences culture looks Everybody is different and I think that we live in a material world. But for me, possessing things is not that interesting. Living in a grand environment to show myself and others that I have wealth has zero appeal. Whatever I own is temporary, since we're only here for a short period of time. It's what we do and produce, it's our actions, that will last forever. That's real value. Nicolas Berggruen zero real thinking Other people might have family - three kids or five houses. In my case, that doesn't exist. I'm going to give everything away. Everything has been transferred to charitable trusts. There is no question about that. The question is where, not if. Nicolas Berggruen giving kids people Luckily the whole world is not like me, or else, there would be no world. Nicolas Berggruen like-me would-be world At the end, the key thing is you've got to live with yourself. That's the real test. Everything else is fleeting. Nicolas Berggruen fleeting keys real I felt I was owned by possessions. Nicolas Berggruen felt possession California has something which not every place in the world has: It has what I would call a sunny side, and I don't mean just physically, but the sunny side is a future. California's worth saving, to put it bluntly. Nicolas Berggruen california mean world I wish I was a great writer or a great journalist or a great scientist or a great artist; I'm not. Nicolas Berggruen scientist artist wish I can drive. Let's just say you don't want to be in the passenger seat. Nicolas Berggruen passenger-seat passengers want If you erased New York, I hate to say it, if you erased Frankfurt, even London, the world would not have changed. Nicolas Berggruen hate new-york world Singapore has been incredibly well-managed. It was created out of the swamp, with a strong emotional idea: a safe place for mostly Chinese, but accepting other cultures and other races. Nicolas Berggruen emotional strong race Brunch is boring, but that's part of the charm of it. Nicolas Berggruen brunch charm boring I don't have a house, and I don't have a lot of time for socializing, so every year I have a party for all of my friends. Nicolas Berggruen party house years I don't get that much enjoyment out of saying 'I own it.' Nicolas Berggruen enjoyment Everything I do now is about growing the pot to have more to give away. Nicolas Berggruen growing pot giving Most countries in Africa have the capacity to be great agricultural producers, but they do only subsistence production. So a family will produce for themselves and nothing more. Why? Because of the systems: The markets are not there to go beyond. Nicolas Berggruen produce capacity country L.A. is very special to me, so far away from my world on the East Coast, Europe, Asia. It's a bit of an island for me - less intense, less busy; because of time difference and location, it has a calming effect. At least it used to be all that. Nicolas Berggruen calming-effect islands europe If you have things and if you are a perfectionist, which I am, you have to really tend to them, and it takes energy away from other things. Nicolas Berggruen perfectionist energy ifs California is a place of invention, a place of courage, a place of vision, a place of the future. People who made California what it is were willing to take risks, think outside convention and build. Nicolas Berggruen california people thinking Possessing things is not that interesting. Living in a grand environment to show myself and others that I have wealth has zero appeal. Nicolas Berggruen wealth zero interesting
