"It's the economy that will determine the performance of the stock market this year.
Can the economy be helped or hindered by the performance of the stock market?
Fortunes rise and fall with the performance of the stock market rather than of the company.
There are reams of data showing the superior performance of the stock market over many generations.
"The performance of the stock has obviously been disappointing," he said at the conference.
But capital gains collections have dropped significantly, he said, because of the uneven performance of the stock market.
While hardly a financial pundit, Dostoevsky's words accurately describe the sense-defying performance of the stock market this year.
As such, their performance, along with the CEO's, is evaluated by the performance of the stock price.
"I don't think that the performance of the stock is related to the performance of the company," he says.
"The Chinese are increasingly focused on diversifying their assets and uncertainty over the performance of the stock market reinforces this.
Clearly, the performance of the stock market influences whether individuals spend money, and thus affects the nation's economy.
