Sorry for the no show for so long. I’m still alive if you guys were wondering.
Archive for March, 2009
I’m Still Alive
March 24, 2009Getting There
March 5, 2009After yesterday’s win I seriously doubt we would lose the title. This season was not particularly good for us, in the sense that we didnt really play flowing football. Our wins more than often were by the 1 goal margin.
But it seems that there is not much teams in the league to give us a fight. Chelsea is a ageing team. Arsenal too young. Liverpool too many changes. Villa not experience enough. To sum it up, these teams might be as good as Manchester United, but their leader didnt have foresight. Benitez squad is so thin, you could cut it with a blunt knife. He said it was because Torres was injured. I’m kinda shock, come on, he should have known better right. Liverpools midfield is superb with the likes of Alonso Gerrard Riera Mascherano. But their strike force has only 2 proven strikers (Ngog not counted). 1 is Torres, who undoubtly is epl best striker. The other is Kuyt.
Kuyt is like a man who is confuse. Sometimes Benitez ask him to play on the flanks, sometimes to be a striker. I think since he came to England his style of play have completely change. He isnt a bad player, how can a bad player even play for Holland (as a striker). But fact is, Benitez plays him out of position till he forgot how to play as a striker. To say Benitez is eccentric is an understatement. He’s totally screwed up, I dont really rank him highly as a manager. He goes around spouting nonsense, buys a few players and then suddenly sells them without standing by them. Yes, maybe the board room is currently messy in liverpool thus Benitez cannot fully achieve what he wants. But a good manager is employed to solve problems. Give me Roy Evans anytime.
No Topic 2
March 2, 2009A comment by a fund manager after James Skinner Talk on trading:
Being a fund manager in Private Equity industry, I have to admit that James never fails to “enlighten” my thought process. He had this candid ability to make one to see throught the web of complex thoughts process and see the “Core” of each issue. The only person who can give me such insight is Mr Alan Wang, the god-father of pre-IPO investment on the SGX, too bad foe the masses, Mr Wang doesn’t offer public speaking (he is so low key that you can’t even find his photo on the news), but these ventures in the Singapore investment arena should know that SG10,000 in Mr Wang’s investment in 1997 would had make him a SG1,000,000!
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I didn’t edit to keep the originality.
No Topic
March 2, 2009The Business Times:
SUCCESS stories have the effect of inspiring others into believing anything is possible, spurring them on to try harder.
Stories of how some have made it big in investments give other investors that extra incentive to try and look for the next-to-be-discovered gems.
The foremost investor in the world to have inspired the many novices is Warren Buffett. He is, of course, not alone. There are others who have generated consistent returns. For example, Yale University has entrusted its endowment portfolio to one man, David Swensen, for over 20 years. During this period, the portfolio has grown from just over US$1 billion to US$18 billion – an average return of more than 16 per cent a year, which appears to be the highest for any major university.
Meanwhile Harvard University’s endowment, under Jack Meyer, earned a 15.2 per cent average annual return over the last 10 years, while the Princeton endowment, under Andrew Golden, earned an average of 15.6 per cent per year.
Singapore, in its last few bull runs, has also created its own list of super-investors. The higher profile ones include people like Gay Chee Cheong and Gabriel Yap. But there are others, like Alan Wang of Asdew Aquisitions who is almost legendary in the industry despite keeping pretty much away from the glare of media.
These investors have built up a reputation as opinion leaders, and often their investments are seen as the stamp of approval for companies. Where they go, the herd will follow. However, this can result in them having the unfair advantage in that they tend to get the first bite of the choicest deals.
Still, they have proven their astuteness by investing and staying invested in some of the biggest winners on the Singapore Exchange, the likes of Raffles Education, Hyflux and Midas. Of course many know by now that a $100,000 investment in Raffles during its initial public offering some four years ago would be worth more than $10 million today.
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