Setthawat Putthip of InterGOLD described physical gold as essential portfolio insurance, noting that global central banks continue accumulating it aggressively as a hedge against sovereign debt uncertainty — a signal that its protective function remains far from obsolete.
Kavin Eiamsakulrat, chief executive of Ally REIT Management, made the case for a baseline 25% allocation to alternatives such as hospitality, retail, and logistics REITs, which offer stable, inflation-linked cash flows with limited correlation to conventional markets.
The Master Strategy
Sornchai Suneta of Siam Commercial Bank proposed a “Core and Satellite” framework that crystallised the forum’s investment logic neatly: anchor 70% of wealth in stable global equities and high-quality fixed income, whilst deploying the remaining 30% in tactical satellite positions to capture secular themes such as digital infrastructure and next-generation utilities.
Koraphat Vorachet of Krungsri Securities and Sorrabhol Virameteekul of Kasikorn Securities introduced a concept warranting close attention — “AI Inflation” — warning that soaring semiconductor and memory chip production costs are set to feed through into global consumer prices by year-end.
Both also identified a specific near-term opportunity: Thailand’s potential to emerge as an ASEAN hub for photonics and printed circuit board manufacturing as global technology supply chains continue to realign.
The Mindset That Endures
The forum closed on a note of hard-won wisdom. Tiwa Shintadapong, president of the Thai Investors Association, championed “rational faith” — conviction built on deep primary research rather than crowd psychology — and urged investors to seek businesses occupying structural economic bottlenecks with genuine, durable pricing power.
Thanaporn Jieranayakulvanich, founder of Stock JourNoey, offered the longest of long views: true compounding demands a ten-to-twenty-year horizon and an owner’s mindset. Investors who chase short-term performance in volatile markets inevitably accept asymmetrical risks — and often suffer permanent capital destruction as the price.
The Takeaway
The Thailand Investment Forum 2026 earned its place in the calendar by delivering intellectual honesty rather than comfortable reassurance. The old rules of unhedged growth investing are obsolete.
Navigating global disorder demands a structural shift — from passive consumer of trends to disciplined, active participant in a new economic cycle, balancing high-growth digital infrastructure with resilient, cash-generating safe havens.
For those in the room on Saturday, the forum offered not merely analysis but a practical framework for protecting and growing wealth in a world that has permanently changed.
