Last Wednesday, September 14, 2011 I attended a seminar about investment at the IMG Makati office. I arrived there before 7pm but there were no more seats available, a lot of people were already standing and the environment was kind of hot. Both of my legs were aching because of the basketball game we had two days ago.
At first, I didn't feel excited when the speaker was introduced but after a few words that he uttered, I knew that it would be an awesome night. He was technical yet full of humor, I’m sure the novice didn’t get overwhelmed that time.
Rex Mendoza is the President and CEO of Philam Life, one of the largest insurance companies in the Philippines. He also serves as the President and Chairman of Rampver Strategic Advisors (RSA), the partner of International Marketing Group (IMG) for the mutual fund products. Moreover, he manages the fund of Kaiser International Health Group, Inc., the only long term healthcare provider in the country.
As expected we got very informative market updates. There are several solid reasons why Filipinos should stay invested. The companies in the Philippines are disclosing significantly higher profits recently. The country's credit rating was upgraded not only once but twice. This is great news for us because this is in contrast with what is happening in the U.S. where their credit rating was downgraded.
I got amazed when he started giving his audience not only financial advice but also personal motivation. I can almost compare him to John Calub, one of the greatest Filipino motivational speakers. This is no wonder he is very successful.
I thought I couldn't last almost 3 hours of standing and heat, however when Rex started ending his talk, inside my mind I was shouting 'Please give us some more presentations and powerful ideas'. It was one of the best seminars I have sat in. It exceeded my expectation.