April Fooled
Today's the day when print media is used to plant a fictitious story as a joke, and everyone has fun in spotting the spoof. But the humour is lost when they hike the utility charges on one page, and talk about offsetting the suffering in another. As the numbers go, 800,000 households are supposed to receive up to $45 million...
Josephine Teo, you have left me confused! (Part 3/5)
CAPITAL ASSET PRICING MODEL – THEORY AND SOME REAL WORLD OBSERVATIONS I have one example here of a real world takeover valuation well-advised by the highest grade investment bankers – surely there must be a lot of red faces staring in the disbelief at how much value the market attached to the acquired and what its actual...
Recent Academic Work on Temasek
Dr Christopher Balding A few days ago I received a copy of a paper appearing in the journal World Economics from Friedrich Wu a professor at the Nanyang Technological University in Singapore about his recent research on Temasek. Now before I talk about the paper, I want to emphasize something. I had never seen this paper...
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