Whats your net worth

Originally Posted by Unregistered

May I know who that billionaire investor is? Could you provide a link to the source please?

Can't remember. Was some Chinese name.

But believe it or not is up to you - but its hard to argue against the underlying logic tho.

Originally Posted by Unregistered

May I know who that billionaire investor is? Could you provide a link to the source please?

I don't know which billionaire investor he is referring to, but I'm very sure it is not one of the following 22 developers.

The Straits Times
Dec 8, 2011

Chestnut Avenue tender attracts 22 aggressive bids

By Cheryl Lim

A bidding war has erupted among 22 developers, the biggest field in about two years, to buy a plum landed housing site in Upper Bukit Timah's Chestnut Avenue.

The closing of the tender on Thursday came just a day after tougher residential property measures were announced.

I on the other hand am able to provide a link to the source:
Chestnut Avenue tender attracts 22 aggressive bids

The underlying logic is very simple. If the government is implementing cooling measures, that means the market is hot! Just like those hot careers the government has to implement quotas.

Whereas those careers that nobody wants, the government has to keep promoting and advertising them.

Originally Posted by Unregistered

I agree.

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.

The government has unlimited bullets but won't use them to shoot itself. If our market falls because of Europe crisis, Malaysia will be more understanding; but if it falls because of our government's policy, they may be less understanding.

After giving up the railway land in exchange for prime plots, there are many people in Malaysia waiting for Prime Minister Najib to deliver good news to them. Do you think our Prime Minister wants M+S to stand for Money+Success or Mati+Sabo?

Singapore, 27 June 2011 – Khazanah Nasional Berhad (“Khazanah”) and Temasek Holdings (Private) Limited (“Temasek”) are pleased to announce the establishment of M+S Pte Ltd (“M+S”) and Pulau Indah Ventures Sdn Bhd (“Pulau Indah”).

Owned 60:40 by Khazanah and Temasek respectively, M+S will develop land parcels in Marina South and Ophir-Rochor in Singapore. Pulau Indah, a 50:50 joint venture between Khazanah and Temasek, will develop projects in Iskandar Malaysia in Johor.

These joint developments were supported by the Prime Ministers of Malaysia and Singapore in their Joint Statements of 24 May 2010, 22 June 2010, 20 September 2010 and 27 June 2011.

Khazanah and Temasek are both committed to the successful commercialisation of these land parcels, which will include office, residential, hotel and retail components.

Originally Posted by Unregistered

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?

Originally Posted by Unregistered

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?

Do u really believe u can become rich by blindly applying one tip from a rich man ? Obviously not.

Advice in life is akin to weapons in war. Even if you have the best tank in the world, u aren't going to win the war if that's all u have.

But at the same time, you don't throw away the tank because it cannot win you the war by itself.

The successful general finds the optimal way to incorporate the tank into the army, and uses the tank to its greatest effectiveness at right time, when the context allows.

Originally Posted by Unregistered

Do u really believe u can become rich by blindly applying one tip from a rich man ? Obviously not.

Advice in life is akin to weapons in war. Even if you have the best tank in the world, u aren't going to win the war if that's all u have.

But at the same time, you don't throw away the tank because it cannot win you the war by itself.

The successful general finds the optimal way to incorporate the tank into the army, and uses the tank to its greatest effectiveness at right time, when the context allows.

Yet more fluffy analgoies & advice. You can either apply the tip to make money or you cannot.

Unless you are able to tell us the rich man tell you specifically when to follow his tip to time government intervention and when not to follow his tip, this advice is useless. It's like trying to say "follow this advice as sometimes it will work, but sometimes it won't as there are other factors to take into account".

Like I say, these are soundbites that appeal to people with limited experience, sound very natural and logical, but totally no value in helping them to make money. It is as valuable as "buy good stocks" or "buy low sell high"

Originally Posted by Unregistered

Yet more fluffy analgoies & advice. You can either apply the tip to make money or you cannot.

Unless you are able to tell us the rich man tell you specifically when to follow his tip to time government intervention and when not to follow his tip, this advice is useless. It's like trying to say "follow this advice as sometimes it will work, but sometimes it won't as there are other factors to take into account".

Like I say, these are soundbites that appeal to people with limited experience, sound very natural and logical, but totally no value in helping them to make money. It is as valuable as "buy good stocks" or "buy low sell high"

Sigh can't you read ? Obviously it means u shouldnt buy now if u follow the advice to the letter..

Originally Posted by Unregistered

Sigh can't you read ? Obviously it means u shouldnt buy now if u follow the advice to the letter..

You are the one that needs to read.

If you follow his advice, you would have given up from the first government cooling measure 2 years ago & miss the subsequent profits. So the first cooling measure dun need to follow advice and now the recent 4th measure follow advice!?

Did his property tycoon say that or you just humtum to follow this time round base on what you think is right? Like I say there is no value to the advise because at the end of the day people speculate base on when they think is right regardless of what is the original advise.

Originally Posted by Unregistered

You are the one that needs to read.

If you follow his advice, you would have given up from the first government cooling measure 2 years ago & miss the subsequent profits. So the first cooling measure dun need to follow advice and now the recent 4th measure follow advice!?

Did his property tycoon say that or you just humtum to follow this time round base on what you think is right? Like I say there is no value to the advise because at the end of the day people speculate base on when they think is right regardless of what is the original advise.

You two are like old married couple - the bear is logical and gets personal and the bull is illogical and persistent.

And the rest of us could care less cos none of this is on topic.

Originally Posted by Unregistered

You are the one that needs to read.

If you follow his advice, you would have given up from the first government cooling measure 2 years ago & miss the subsequent profits. So the first cooling measure dun need to follow advice and now the recent 4th measure follow advice!?

Did his property tycoon say that or you just humtum to follow this time round base on what you think is right? Like I say there is no value to the advise because at the end of the day people speculate base on when they think is right regardless of what is the original advise.

That's why the post above says you bulls are illogical whereas the bears are logical.

Didn't you ever read up on numerology and the power of the number 5? Do you know why our hands have five fingers and not 1, 2, 3 or 4 fingers?

That's why cooling measures 1, 2, 3 and 4 did not work but 5 will work. Similarly cooling measures 6, 7, 8 and 9 will not work but 10 will work.

If you don't understand the logic, you can read the website of famous numerologist Bhavikk Sangghvi. Once you understand the power of numerology, your networth will be even higher than Oldman's.