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Showing posts from May, 2012

CNN interview with Ayala brothers

CNN is currently airing feature programmes on the Philippines. What got my attention was Andrew Stevens' interview with brothers Jaime Augusto and Fernando Zobel de Ayala, the CEO and COO of Ayala Corporation respectively. I'm actually a great admirer of their company's projects and truly believe in the value that the company brings to the table. So much so that my stock investment in AC outweighs all other positions I have in the Philippine Stock Exchange. When I saw the 30 minute interview, I became even more convinced that this investment is definitely for the long run. Small share investors like us rarely have the privilege of picking the minds of the people who run the companies we own and this interview provided a good opportunity to do so. Yes, I may own a miniscule, insignificant portion of a giant corporation but I do put in the effort of knowing MY company. The thing I admire most about the brothers was captured in the last part of the interview. To quote: