At Davos, it's not all about the money...seriously

Stephen A. Schwarzman, Chairman and CEO, The Blackstone Group, USA.
Source: Wikipedia

The World Economic Forum is teeming with elite investors this week, and it's not just to talk their own book.

"Davos," said Blackstone Group spokesman Peter Rose, "offers Steve [Schwarzman] an unparalleled opportunity in a highly efficient way to meet the leading politicians, business leaders, government officials, academics, central bankers and other thought leaders so as to better understand the myriad crosscurrents in the world's economies. "

Indeed, most of the more than two dozen hedge and private equity fund managers—including Ray Dalio of Bridgewater Associates, Paul Singer of Elliott Management and David Rubenstein of Carlyle Group—make the long trip to the Swiss Alps to actually think about investing in the year to come, not just to sell potential clients or show their macroeconomic smarts on stage.