Louis Vincent Gave: Insights on Finance and Culture

Dec 7, 2024

Personable Podcast with Louis Vincent Gave

Introduction

  • Podcast: Personable, hosted by Harvey Bracken-Smith
  • Guest: Louis Vincent Gave, CEO and co-founder of GavCal
    • Graduate from Duke University (Economics, History, Chinese)
    • Studied Mandarin at Nanjing University

Louis Vincent Gave's Journey

Early Life

  • Born in Toulouse, France
  • Moved to Paris, then London
  • Attended French Lycée in South Kensington
  • Summer school at Phillips Exeter Academy, New Hampshire
  • Decision to study in the United States

Education

  • Duke University
    • Applied to top 10 schools on the East Coast
    • Chose Duke for its campus and facilities
    • First year: Homesick, culture shock

Career Path

  • Military Background

    • Military family, considered making it a career
    • Observed change in satisfaction from young to senior officers
    • Moved away for more personal control over career
  • Transition to Finance

    • Applied to banks, joined Paribas
    • Head of HR at Paribas was a former officer in his battalion

Views on Military and Global Affairs

  • Perspective on joining military during global tension
  • Observations on army vs. finance
    • Learned human relations skills, understanding personal strengths and weaknesses

Involvement with China

  • Early Interest

    • Fascinated by Chinese culture from a young age
    • Switched from Japanese to Chinese at Duke
  • Professional Move

    • Involved in integration with Asia Equity in Hong Kong
    • Witnessed the economic transformation in China

China vs. Japan

  • Differences in real estate and economic conditions
  • Competitive edge and trade surplus
  • Media portrayal of China vs. reality

Financial Trends and Investments

  • Accelerated pace of trends in modern times
  • Comparing China to Japan and future perspectives
  • Views on capitalism vs. communism
  • Role of government and economic systems in development

GavCal Research

Founding

  • Co-founded with his father and Anatole Kaletsky
  • Early focus on macroeconomic impacts and China's growth

Growth and Expansion

  • Research, money management, private wealth management
  • Offices in Hong Kong, Beijing, Mauritius

Approach to Research

  • Culture of debate, no fixed house view
  • Encourages diverse perspectives and challenges

Personal Insights

  • Motivation stems from relationships and winning in finance
  • Emphasis on understanding personal strengths and weaknesses

Conclusion

  • Advice: Focus on what you are good at and enjoy
  • Story of adaptability and growth

Key Takeaways

  • Stay informed and adaptable
  • Continuous learning and self-awareness are crucial

Closing

  • Gratitude expressed to Louis for sharing insights
  • Encouragement to follow Louis on social media for more information