http://www.hardassetsinvestor.com/videos/4463-video-dorsey-says-silicon-\ valley-at-war-with-wall-street.html?showall=&fullart=1&start=4
Norman: OK. So getting back, now, to strategy. You're saying, and you're telling investors, "Continue to focus on emerging markets." What percentage of their portfolio do you think should be put into that category? Dorsey: That's a good question. I'm going to be honest with you, Mike. And I know this is going to be sacrilegious, because most firms would say, "Only put 15 percent in; that's where the risk is." I don't think that's where the risky business is. I think the risky business is in the developed world. And I would probably put at least 50 percent in the emerging market. And for myself, even more than that. I have more faith in Singapore. I have more faith in Indonesia and Jakarta. I have had accounts in Jakarta, at e-samuel.com for 12 years. I've watched that company build up and become one of the top online brokers in the world. So these countries are not going to go backwards, they're going to get better and better and better. And that's where the growth is.
