Plan for the next five years, not the next five headlines: HSBC’s Tommy Leung

[SINGAPORE] Investors and business owners should adopt a long-term mindset, especially in the face of ongoing geopolitical volatility and uncertainty, said Tommy Leung, head of global private banking, South Asia at HSBC.

“You cannot pre-empt some of these headlines that happen overnight,” said Leung.

Relying on day-to-day headlines to shape business operations or financial portfolios is a flawed approach, he stressed. “It’s difficult to stay ahead when you’re reacting to daily developments.”