by HengHeng » Mon Mar 02, 2009 12:31 pm
It means only one thing , fortunes for singapore's rulling party might be turning... anyway if one is bother to zoom out on our map u can see a merlion as well..
guess it started when they wanted to add a casino to singapore as well as 3 tombstone.. well i very pan tang one .. so i don't really like this..
Lol , just look at the way they compared the returns based on Indices ? Oh please , why are you comparing it to a index when you are a hedgefund ? It is not comparing apple to apple over here.
Well just think , when a company loses money due to inappropriate decision or non transparent practises, the board gets hit but when people lose more 30% of the citizen's money why not one getting responsible ? Assuming if they were to hold GE anytime soon , i strongly believe they will lose alot of places for the kind of stuff they are doing.
I thought everything also need accountablity but now we don't even know what are we investing in and what toxics in which we are carrying just because we can't ask , where did all the transparency go to ? Well frankly speaking we need people to ask questions and not like the present party where they allow everything to go through without asking.
Just think , i will remember about 2 years back , when they were commenting on the returns of their funds how good how good .. now see ? Use index to cover ? Why not compare themselves to hedge funds like Soros funds or Warrent Buffett's funds?
Beh Ki Jiu Lou , Beh lou Jiu Ki lor < Newton's law of gravity , but what don't might not come back
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy