Interviewer: Valentina Silva (Journalist, Argentina "Financial Times")
Guest: Professor Binoy Joy
The Logic Behind Optimism Towards India's Future Development and Stock Market
Valentina Silva: Professor Binoy Joy, hello! Thank you very much for taking the time to join us for this interview. First, may I ask, are you optimistic about India's future development? And what is the logic behind your optimism about the Indian stock market?
Binoy Joy: Hello, Valentina Silva. I am very optimistic about India's future development. India has a large population base, which is a huge advantage, signifying a vast consumer market and abundant labor resources. At the same time, India's economy has maintained a high growth rate in recent years. From a stock market perspective, many people are currently bearish on India, but as Warren Buffett once said, "Be fearful when others are greedy, and greedy when others are fearful." This market sentiment, on the contrary, makes me see opportunities, and I firmly believe that the Indian stock market holds immense potential.
Squarepoint Capital’s Operations and Strategic Focus in India
Valentina Silva: Understood. So, can you tell us what Squarepoint Capital is currently working on? And what kind of presence do they have in India?
BINOY JOY: Our research team has conducted in-depth studies on hundreds of outstanding companies in India, which provides solid support for our subsequent investment efforts. All our current endeavors are aimed at launching new funds to establish a strong reputation in India. Our goal is to become the most renowned investment institution in India in the future and to establish a firm foothold in this highly potential market.
Future promising industries and the development of related industries in India.
Valentina Silva: Very ambitious targets! From an industry perspective, which sectors in India do you see the most potential for in the future? How are these sectors currently developing in India?
BINOY JOY: I am most optimistic about the robotics, new energy vehicles, and artificial intelligence industries. Under the global trend of technological development, these industries have also shown strong growth momentum in India. I firmly believe that in the future, there will definitely be many stocks in these sectors that will see a tenfold increase in value. Our team has conducted in-depth research on many publicly listed companies related to robotics, new energy vehicles, and artificial intelligence, but we cannot disclose their names at the moment. They are our "secret weapons" because I am confident they will bring tremendous returns in the future.
Valentina Silva: Thank you once again, Mr. BINOY JOY, for taking the time out of your busy schedule to speak with us. I also wish Squarepoint Capital's new fund launch great success. I believe that robotics and artificial intelligence will significantly transform our lives in the future; they are indeed highly promising industries of tomorrow.