Let It Go
Managed to get a young man who I’ve been trying to guide along his path replace me in a meeting. I’ve been overcome with this strange emotion of satisfaction that after the second week on the job, he’s actually being allowed to do things without me and more importantly, he’s going to develop the confidence to it. As...
MAS’s $30.8b loss
MAS made a staggering loss of S$30.8b in 22/23 due mainly to (a) S$21.4b translation loss of foreign assets which are primarily the foreign reserves, and (b) S$9b which is the carrying cost of the foreign reserves. There are those who understand it is the price MAS has to pay to stay the course to minimise the import of foreign...
My Lack of Interest in the Presidential Election of 2023
Having actively participated in the presidential election of 2011, my experience left me disheartened. Despite investing a significant amount of personal funds, exceeding $100,000, and enduring a grueling campaign that spanned several weeks, I received less than 5% of the votes and lost my $50,000 deposit. This outcome was a...
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