‘Generation Moonshot’ investors
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 3 August 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
China has blocked imports from hundreds of Taiwanese food producers in response to the visit of US House Speaker Nancy Pelosi to Taipei, a flurry of executive departures from SoftBank stokes uncertainty over who will take over from Masayoshi Son, and Behind The Money host Michela Tindera joins the Briefing to talk about the latest BTM episode that explores “Generation Moonshot” investors.
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Mentioned in this podcast:
China suspends 2,000 food products from Taiwan as Pelosi visits
SoftBank’s succession turmoil raises risks
Generation moonshot: why young investors are not ready to give up on risk
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.4 | Learn more at equinole.co.uk |
| 0:09.8 | Good morning from the Financial Times. |
| 0:11.3 | Today is Wednesday, August 3rd, and this is your FT News Briefing. |
| 0:18.3 | The third most powerful US politician is in Taiwan today. |
| 0:22.0 | Beijing's retaliation has already begun. |
| 0:25.1 | South Bank founder Masayoshi Sun says he's not going anywhere anytime soon, |
| 0:29.5 | so why the concern over his successor? |
| 0:32.8 | And we'll tell you about a new kind of investor. |
| 0:35.3 | Our correspondent calls them Generation Moonshot. |
| 0:38.6 | If they invest and save and like what they get 1% interest on their savings account, |
| 0:43.6 | what's 1% gonna buy you? |
| 0:46.0 | We'll bring you more highlights from this week's episode of Behind the Money, |
| 0:48.9 | which explores why risky bets are perfectly rational to these investors. |
| 0:53.4 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:06.4 | China has suspended imports of more than 2,000 food products from Taiwan. |
| 1:11.1 | The move is the opening shot in a campaign to punish Taiwan for hosting US House Speaker Nancy Pelosi. |
| 1:17.2 | Beijing considers the island its territory, and it's hostile towards any gesture that |
| 1:22.4 | validates Taiwan as an independent country. |
| 1:25.2 | In this case, a visit from a foreign leader. |
| 1:27.8 | Pelosi is the highest-ranking US politician to visit the island in a quarter of a century. |
| 1:32.6 | Beijing has announced military maneuvers in response, |
... |
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