Ricardo Salinas - Founder & Chairman, Grupo Salinas

Ricardo Salinas expresses mixed feelings about U.S. investments due to tariff threats but finds President Trump's speech on deregulation and corporate tax cuts encouraging. He highlights concerns about potential disruptions in Mexico's market, particularly in the automobile industry, if tariffs are imposed. Ricardo believes tourism in Mexico will remain strong despite these challenges. He also discusses the global trend towards fragmentation and the negative impact of tariffs on free trade. On the topic of technology, Ricardo is optimistic about Bitcoin as a store of value and sees AI as a useful tool, though not his area of expertise. He emphasizes the importance of principles like freedom and innovation in investments with purpose. Ricardo appreciates gatherings like the FII for networking and learning from diverse perspectives, noting the impressive changes in Saudi Arabia under new leadership.