U.S.-based investors often mistake the unique properties of the political jurisdiction they inhabit for universal principles. It can lead to bad results when trying to operate in Asia. Soo Chuen Tan is president of the deep value investment firm Discerene Group, which has $480 million under management. He argues that understanding the complex web of economic and social relations around Asian businesses is key to unlocking value there.
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Soo Chuen Tan is president of Discerene Group.