Abby Joseph Cohen, 47
Managing director and chairman of investment policy committee, Goldman, Sachs & Co."In the future, value will be added to the investment process through the proper filtering and interpretation of economic and company information. The raw information itself can be disseminated increasingly quickly through electronic means. But the enhancement to the investment decision-making process will come from knowledgeable interpretation and analysis.
"(As for the economy) the new jobs being generated in the United States have an increasingly high intellectual content. Over the last five years more than 15 million new jobs have been created. More than 10 million pay above median wage. These occur primarily in industries whose goods and services are value-added and proprietary in nature, profit margins are robust and the employers can pay skilled workers well. The composition of the U.S. economy has shifted over time toward these activities, including computer hardware, software, financial services, high-level manufacturing, entertainment and media. These industries have grown in importance as a percentage of GDP, corporate profits and employment. They will continue to generate jobs that require well-educated workers."