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Rob Lloyd

Jul 7, 2026

32:26
So I think the big question that a lot of investors are asking now, especially when it comes to Asia, and because there's so much overlap with emerging markets there, is where do you see opportunity in markets like Taiwan, like Korea, that have been growing so rapidly recently? Is that over? Is there s- is there still investment opportunity there?
32:52
Yeah.
32:52
I think that's a, it's a great question, and we're being asked this, you know, s- a similar question from a number of investors.
32:58
And, like, maybe just to kind of set the stage, um, I think a lot of investors may not be aware that Taiwan and Korea are larger now in the trust index, uh, and they're larger in terms of the, um, uh, the portfolio holdings compared to China, right? You know, previously China's really been the big driver of Asian markets, and that's kind of changed.
33:18
Um, and so I think it's very important in terms of your questions talking about the opportunities in Korea and, um, Taiwan.
33:26
And I think that, you know, most of the focus o- on Korea is really about the two semiconductor giants, uh, Samsung Electronics and Hynix.
33:33
And if you kind of look at, uh, let's say for this year or next year, these companies are expected to double their profits.

9 MINS LATER

42:26
How, you know, how accurate is that? How, how much [laughs] is that really deterring them? What is the relationship there?
5:03
that right
5:03
that's right i'm the chair of the board of trustees at the uk men's shed association i happen to live relatively close to petersfield but it's a place that's quite close to my heart because i came here on their opening day i was part of the part of the opening So it's fantastic to revisit a couple of years later see the amazing progress that's been made by this incredibly productive shed.
5:24
It's one of the larger sheds in the UK with 100 members and a huge range of activity and like all sheds regardless of size up and down the country incredibly welcome.
5:35
I've had a delightful time just catching up with People, doesn't matter what the accent is, doesn't matter where in the country it is, a shed's a shed and they're all fantastic.
5:43
What is UK Men's Shed as a national organisation? So the UK Men's Shed Association is a national support body for men's sheds.
5:52
There are three national support bodies that operate across the UK.
5:55
There's the Irish Men's Shed Association which reaches into Northern Ireland.
6:16
But you're very pleased with what you've seen here today.
19:59
What, what do you think about this, Rob?
20:00
Well, I, I think this is, um, there's a couple answers to your question.
20:03
One is that it is going to evolve, um, and that there has to be some clear liability, uh, terms that evolve both legally and mathematically.
20:12
Um, the science, the math still has to, to come to bear here, um, and it's going to have to work its way through legislation and through court, uh, and case law.
20:21
But, um, there's a couple areas where we need more clarity.
20:25
One is when you're trying to manipulate people and behavior, um, there isn't enough clarity there.
20:31
Um, and when your intent is to manipulate a person's behavior or a group's behavior, um, there's very little there right now, but we have to be very careful.

10 MINS LATER

30:27
On the cybersecurity front.

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