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 BerggruenOther 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 BerggruenCommodity 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