01-07-2009 11:02 PM | ||
Ran |
Thank you for this This related post by this blogger might prove useful to you: “What is WORRYING about GIC & Temasek Losses!” http://singaporemind.blogspot.com/20...c-temasek.html |
|
30-06-2009 01:31 PM | ||
bjhchong |
One should also wonder why Temasek Holdings are compared to this & that & there's a general flurry of "generated positivity" with regard to their perfromance. Cospiracy theorists like me wld say it definitely translates to covering-up of some issues. Wonder when's the next election? Heh heh... |
|
22-06-2009 09:47 AM | ||
quek |
Quote:
|
|
20-06-2009 12:25 PM | ||
truth |
Since it' sprouted by the state media, it must be the truth! Ok jokes aside, it's not clear if the 'returns' include capital injections from ministry of finance, tax monies or the CPF. If not included, what's the formula to calculate the returns. If my mum keeps giving me money to invest, covering the losses I made previously, how do I measure my returns? |
|
20-06-2009 10:14 AM | ||
bjhchong |
Speaking of which, another piece from the state media: "Temasek Holdings outdid key benchmark" Can anybody comment on this? How accurate is this? |
|
20-06-2009 04:39 AM | ||
really? |
Where did you gather that Temasek is "realising up to SGD10bn"? I thought news reports said they made huge losses in their sale of BoA and Barclays? Quote:
|
|
19-06-2009 10:25 PM | ||
Hindsight |
Temasek exited some of their investments, and possibly realising up to SGD10bn. SGD10bn i am sure education would yield better gains http://www.salary.sg/2009/would-tema.../#comment-5050 |
|
16-06-2009 04:44 PM | ||
quek |
They did admit something: MM Lee said something like "we invested too early." You can see that even when they admit mistakes, they admit in style. It's like saying "we're ahead of our time." I remember reading somewhere about a failed technology venture, and the entrepreneur said "we're ahead of our time." Admitting failure, but claiming credit at the same time! And similarly, there's this trick to use when interviewing for a job or answering Q&A in a beauty pageant: when faced with a question like "what's your biggest failure" or "what are your areas of improvement", always twist it around to your advantage - give answers like "I pay too much attention to the details", "I work too hard", and of course "I'm ahead of my time." |
|
26-03-2009 09:40 PM | ||
Jimmy Lim-- |
4390 Admitting to mistakes helps a lot in whatever you do, like Warren Buffet recognizes his own fooliness in buying oil related companies stocks during the highs of oil prices. The next time if he intend to buy stocks of oil related companies for long term investment, it will not be during some middle east conflicts or simply high oil prices. It will be be a tragedy and dire consequences if elite scholars because of getting straight As all the way, did not "make mistakes", does not admit their own mistakes. Life is not like exams where all there is to do is reproduce what is deemed as "correct" for that subject exams during exams. A lot of times, there is no correct or optimal answers clear cut in real world situations. Like if they can simply learn the fact that there is 1 major financial crisis every 10 years. Simply postponing purchases of stocks when approaching that once in a 10 years helps reduces loss and gain significantly. |
|
15-03-2009 02:56 AM | ||
Neo-- |
4331 I like your sarcarsm! haha! However, Singapore is just not as forgiving in US. Singaporean are just not forgiving to anybody who made the mistakes sometime, to a certain extent, family members. Imagine Ho Ching admitted to the public on the loss of GIC investment. The CEO of Singapore will be very unhappy. |
|
This thread has more than 10 replies. Click here to review the whole thread. |