GoodHaven Co-Founders on Strategy, Google
Jan. 30 (Bloomberg) -- Keith Trauner and Larry Pitkowsky, co-founders of GoodHaven Capital Management, discuss investment strategy, stock recommendations and Jefferies Group Inc. Chief Executive Officer Richard Handler's compensation. Trauner and Pitkowsky speak with Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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How China's 'New Economy' Drives Global Economies
33:40 - China’s new economy is powering ahead even as old industrial sectors drag on growth. Problem is, the performance of up-and-coming industries is often overlooked in official data that’s skewed to measuring things like steel or coal output. An index being developed by investment adviser CEMB Group and Chengdu-based Business Big Data is seeking to flesh out coverage of sectors like information technology, green energy and advanced materials. It finds these and other so-called "new economy" industries now account for about a third of China’s output, with higher investment in research and development and better wages that lure and retain talent fueling their rise. Royal London Asset Management Chief Investment Officer Piers Hillier discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."