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Where to Find the Money in AsiaBy Tom Dyson, publisher, The Palm Beach LetterMonday, August 18, 2008 "Yum sing!" yelled everyone at my table. Ten days ago, I flew to Kuala Lumpur, Malaysia to begin a 10-week tour of Asia. I'm visiting seven Asian countries – including China, Taiwan, and India – and I'll report back all the investment opportunities I find. Vinod Sekhar owns the Petra Group, a conglomerate with interests in technology, movies, the Internet, financial software, and rubber. With a $350 million fortune, according to Forbes, Vinod is the 16th richest person in Malaysia. He's the youngest millionaire on Forbes' rich list.Last weekend, I went to Vinod Sekhar's 40th birthday party. The party was at the old British High Commission building in Kuala Lumpur, in a huge marquee in the back garden. All Malaysia's most important businesspeople were there. Then on Monday morning, I met Vinod at his office to ask him some questions about his fortune... I had a few minutes to look around Vinod's seventh-floor, corner office before he arrived. The office had no outside walls... just floor-to-ceiling windows with a view of downtown Kuala Lumpur. Just as I expected, his office was full of expensive stuff... like art and collectibles and handmade furniture. He had cricket bats signed by the entire English cricket team hanging on the wall.
Good investing, TomEditor's note: Tom Dyson is a regular contributor to DailyWealth, a free investment newsletter focused on the world's best contrarian opportunities. We write with a simple belief in mind: You don't have to take big risks to make big money with your investments.
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