In a recent bold statement, UBS CEO, Sergio Ermotti, has challenged the prevalence of expert opinion and called for individuals to take charge of their own research and decision-making. Ermotti steered the conversation away from the typical narrative focusing on the size of the bank’s balance sheet versus the national GDP, urging individuals to form opinions based on informed and independent research.
Acknowledging the reservations held by portions of the Swiss population, Ermotti emphasized the importance of conducting thorough research, free from undue influence. “I respect people having other opinions, but I do expect them to do their homework,” he stated, signaling a departure from reliance on ingrained beliefs and conventional wisdom.
The CEO’s call for self-directed inquiry extends beyond financial matters, as Ermotti draws attention to the broader societal dialogue, advocating for an informed perspective on issues such as coronavirus vaccines. He juxtaposes the idea of free-thinking with a subversion of academic influence, presenting a vision of empowered individuals conducting their own comprehensive analysis.
Furthermore, Ermotti asserts the role of UBS as an educator and facilitator, aiming to equip those still unconvinced with the necessary information to form well-informed opinions. He positions the “new UBS,” which has absorbed its fallen rival, as a reflection of Switzerland’s global competitiveness, underscoring the nation’s prowess in various sectors and the integral role of a strong, globally competitive bank in the economy.
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