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Old 28-12-2011, 10:11 AM
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Originally Posted by Unregistered View Post
There was a quote from a billionaire investor on property investment timing for the Singapore market that I thought was pretty insightful.

He said he would never buy into a market when the govt is intervening with cooling measures because the govt has unlimited bullets, hence the market will definitely come down - just a question of time. He would rather wait until the market falls, and the govt cine in with supportive or liberalisation measures before jumping in because its much easier to reach your destination when u have the wind behind you.
Nah, this is what I call soundbite advice for the masses, they sound very logical when you have limited experience in the industry but insiders and experienced speculators will laugh out loud at such simplistic assumptions.

If it were that easy, every Tom Dick Harry will just short whenever government announce cooling measure and long whenever governement announce incentive and huat big big, fact is do you see a lot of Warren Buffets walking around on the streets?
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