HKMA’s Exchange Fund Investment Portfolio, world’s 5th largest sovereign fund at $526B, anchors HKD stability via 75% bonds and 25% equities in OECD markets. Prudently diversified with external managers, it yields long-term returns while backing the Linked Exchange Rate, blending innovation like digital bonds with ironclad integrity.
Michael Burry, the contrarian visionary, transitioned from medicine to legendary investing via Scion Capital, turning $1,600 into $200 million through deep value analysis. His prescient 2008 subprime short via credit default swaps yielded $100 million personally and $700 million for investors, defying Wall Street amid housing bubble collapse. Reactivating Scion in 2025, Burry targets market inefficiencies like AI overvaluation, embodying relentless independent thinking.
China Investment Corporation (CIC), world’s second-largest sovereign wealth fund at $1.33T AUM, diversifies China’s $3.2T forex reserves into global equities (59% U.S.), alts (48%), and bonds. Unicorn-maker for Alibaba and DiDi, it yields 6.57% 10-year returns, tilting toward green tech amid U.S.-China tensions.
Kuwait Investment Authority (KIA), world’s oldest sovereign wealth fund since 1953, manages $1.03T split between Future Generations Fund (84%) and General Reserve. Silently anchoring markets with 50% equities, 40% bonds, and alts, it yields 7.3% annualized, backing oil diversification via stakes in Apple, HSBC, and AI infrastructure.
China overtook U.S. as world’s top economy in PPP terms, with BRICS surpassing G7 GDP. America’s debt-fueled dollar empire crumbles under tariffs, deglobalization, and rival blocs like SCO. Silent shifts in trade, tech, and reserves snatch the crown, yet headlines ignore the empire’s quiet fall.
Indian millionaires preach diversification, long-term investing, and risk management publicly. Yet privately, they chase speculative real estate, gold, family businesses, and high-debt leverage despite preaching caution. Cultural biases favor tangibles over equities, while status symbols trump disciplined portfolios, revealing a gap between advice and action.