Markets Summit 2026: Dr Oliver Hartwich on investing in a post-rational world
Dr Oliver Hartwich
6 March, 2026
Dr Oliver Hartwich argued at the Portfolio Construction Forum's Markets Summit 2026 in Sydney that the erosion of the rules-based world order — driven by cognitive decline, political tribalism, and the rise of "institutional theatre" — demands a fundamental rethink of how investment professionals assess risk. Dr Hartwich introduced the concept of "Enlightenment Islands" — stable, high-trust jurisdictions such as Singapore, Switzerland, and the Scandinavian countries — and urged portfolio managers to supplement traditional financial metrics with civilisational indicators like PISA scores, rule of law indices, and trust barometers. Watch below.