Tuesday, February 02, 2010

Davos Day 1: Rethinking Risk


It’s late Wednesday/early Thursday. I’m back in my hotel room after a typical day at Davos: 10 formal meetings, at least a dozen useful chance encounters, a panel discussion, and dinner. Writing this blog is a good way to stop and think, but there are also business development notes to write from today, preparation for meetings tomorrow—and a little sleep wouldn’t hurt.

Davos is 40 years old, the age of the midlife crisis, but the only world-weariness I detect is in a few of the journalists. Meanwhile I see no dimming of its founder’s zeal for bold new thinking. I was at the dinner Professor Schwab hosted this evening, and his enthusiasm was as infectious as ever. He’s a great advertisement for the theory that ideas keep you young. In March he turns 72.

There is far more optimism around compared to Davos 2009. Rumor has it that Davos is pretty much filled to capacity, compared with many cancellations last year.

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