2025-01-31
1 小时 14 分钟You're listening to tip.
Hey everyone.
Welcome to the Investors Podcast.
I'm your host, Clay Fink.
While the mainstream headlines often focus on the Magnificent Seven and the big tech giants, we're diving into the global powerhouse that often flies under the radar.
Tencent.
Since its IPO in 2004, shares of Tencent have increased by nearly 500 times, producing an average annual return of 35% per year.
Based in Shenzhen, China, Tencent is a giant in gaming, social media and cloud services.
From the creation of WeChat, a super app with over 1 billion users, to investments in companies like Tesla, Spotify and Snapchat, Tencent's story is one of relentless innovation and strategic dominance.
But what's truly fascinating is its founder, Pony Ma, whose low profile leadership starkly contrasts his rival, Jack Ma from Alibaba.
Today we'll explore Tencent's meteoric rise, its cultural and political challenges, and how it managed to shape China's digital landscape.
To help me do so, I'll be sharing the lessons I learned from the book Influence Empire by Lu Lu Chen and discussing the risks and opportunities of investing in a company so intertwined with the Chinese government.
And just a quick disclaimer, I wanted to mention that there's plenty of commentary in the book about the CCP and the geopolitics between the US And China.
The purpose of what's shared here in the episode isn't to push any political agenda, but to try and shed light on what's most important in this regard for us as investors.
With that, let's get right to it.
Since 2014 and through more than 180 million downloads, we've studied the financial markets and read the books that influence self made billionaires the most.
We keep you informed and prepared for the unexpected.
Now for your host play Fink Foreign.
While the Magnificent Seven dominates the headlines, I want to take a leap across the Pacific to dive into a Chinese tech giant that seemingly flies under the radar.
Tencent.