IL26: How New Technologies Will Shape the Economy ft. Koen De Leus & Philippe Gijsels
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 715 Ratings
🗓️ 22 May 2024
⏱️ 70 minutes
🧾️ Download transcript
Summary
In this episode we speak to Koen De Leus and Philippe Gijsels. Koen is Chief Economist at BNP Paribas Fortis and Philippe is Chief Strategist. They are co-authors of The New World Economy in 5 Trends: Investing in Times of Superinflation, Hyperinnovation and Climate Transition. We talk about how technologies like AI, 3D printing will drive economic growth and why they are likely to create more jobs than they destroy. Another important trend from a market perspective is the potential for a doubling of the gold price and possibility of a new ‘super cycle’ for industrial metals.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Kevin on SubStack & read his Book.
Follow Koen on LinkedIn and read his book.
Follow Philippe on LinkedIn and read his book.
Episode TimeStamps:
02:16 - Introduction to Koen De Leus and Philippe Gijsels
06:22 - Why haven't we seen higher productivity?
12:11 - What is the chance that productivity could increase?
17:36 - When can we expect productivity to increase?
19:51 - Will AI "steal" our jobs?
24:43 - How you can navigate in the AI trends as an investor
32:17 - Is it even possible for "normal" investors to benefit from AI?
35:26 - Is the energy transition a good investment?
40:51 - A new commodity or metal super cycle?
45:10 - Exploiting the commodity trends
48:12 - Is natural gas a good transition fuel?
52:01 - Why is Philippe so positive on gold?
56:48 - What are their inflation expectations?
01:02:19 - Challenging years ahead?
01:08:00 - Key takeaways from Niels
Copyright © 2025 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
Transcript
Click on a timestamp to play from that location
| 0:00.0 | If you go to a world that we think that we will have, a world of volatility, a world of |
| 0:12.0 | geopolitical worries, a world of inflation, a world of higher rates, basically I think that's |
| 0:18.0 | a world where cold will do very well. And of course, we now broke the 2000 level, which we took us a very long time to take out. |
| 0:27.6 | But now I think we've started a new upward wave and nobody knows where it's going to go, |
| 0:31.6 | how far it's going to go, but I think this could be one of the traits of a lifetime. Imagine spending an hour with the world's greatest traders. |
| 0:42.3 | Imagine learning from their experiences, their successes, and their failures. |
| 0:47.3 | Imagine no more. |
| 0:49.3 | Welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the |
| 0:55.3 | world so you can take your manager, due diligence, or investment career to the next level. |
| 1:00.4 | Before we begin today's conversation, remember to keep two things in mind. |
| 1:04.4 | All the discussion we'll have about investment performance is about the past, |
| 1:08.1 | and past performance does not guarantee or even infer anything about future performance. |
| 1:12.6 | Also understand that there's a significant risk of financial loss with all investment strategies, |
| 1:17.6 | and you need to request and understand the specific risks from the investment manager about their product before you make investment decisions. |
| 1:24.6 | Here's your host, veteran hedge fund manager, Niels Kostrup Larson. |
| 1:34.5 | For me, the best part of my podcasting journey has been the opportunity to speak to a huge |
| 1:39.7 | range of extraordinary people from all around the world. |
| 1:42.9 | In this series, I have invited one of them, |
| 1:45.4 | namely Kevin Koldine to host a series of in-depth conversations |
| 1:48.7 | to help uncover and explain new ideas to make you a better investor. |
| 1:53.8 | In the series, Kevin will be speaking to authors of new books and research papers |
| 1:58.1 | to better understand the global economy and the dynamics that shape it |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Niels Kaastrup-Larsen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Niels Kaastrup-Larsen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.