The most amazing thing about the capital market is that, in almost every sense, it is one of the final convergence points for all industries.

Anything of value—so long as it can be priced, traded, and generate cash flow—will ultimately attract capital.

Top-tier talent creates assets; second-tier talent manages assets, while the capital market is responsible for pricing all assets.

The capital market is also known as the center for capital allocation.

It does not produce cars, chips, houses, or grain by itself,
but it determines where the flow of funds goes. Talent, technology, and industry often follow where that flow goes.

The capital market is not an industry in itself; it is the hub that connects all industries.