Roach Motel Or Investing for the Long-Term: You Decide What Best Describes Temasek’s Investment Strategy
A “Roach Motel”, originally a term used to describe a cockroach trap, has become a metaphor used by hedge fund managers to describe an investment that is too large in relation to the size of the company’s equity capital or the liquidity of the stock to allow the manager to exit without taking an unacceptable loss. For...
An Unappetising Picture
I thought a comment from someone calling themselves “Sotongmee” raised enough interesting points to merit reproduction in full in the blog together with my response. This person addresses me as “sir”. I would like to say once again that that is unnecessary and far too formal. I would much prefer if you would just call...
What foreigners have done for Singapore
You know they are running out of excuses when the Ministry of Trade and Industry (MTI) puts up a half hearted defence for squeezing Singaporeans out of jobs (and living space) with the 1 million foreign workers shipped ashore over the recent years. The five key contributions listed by MTI would be laughable if they weren't so...
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