David Solomon

And, you know, the world changes and there's lots of technology and there's lots of flexibility, but showing up matters.

You don't have to look much farther than outside of us here today.

There are an awful lot of people from all over the world that have shown up here because they want to build relationships, partnerships, they want to participate.

And so whether it's here in this region or you can go back to the United States, you know, why do we have localized offices all across the country in the United States?

Because

In those communities, people want presence.

They want direct connectivity.

They want to show up while technology in the world evolves.

Human to human contact is not going away.

Well, I think the whole scope of economic activity has really changed enormously.

There's no question if you go back, my old days are a lot older than your old days.

But if you go back a while,

These nations were exporters of capital around the world, and they had not built the infrastructure of professional investment capabilities here locally, and so they were outsourcing those capabilities to institutions like ours and others.

Now they're really making long-term investments to build their economies, to allow their populations to participate, to attract investment here.

And so what they need, and they've got incredible investment infrastructures here localized on the ground.

What they need are ideas.

What they need are liquidity and capital.

What they need are strategic initiatives.

And so we're just in a moment in time where they have the capacity to do many more interesting things to build their economies.

Think about Saudi Arabia here in the kingdom, 35 million people.