tag:blogger.com,1999:blog-6607544074240068767.post2077437454287196020..comments2012-02-19T01:57:17.898+08:00Comments on mrhardy.blogspot.com: On the people's desire to know more.andyhardyhttp://www.blogger.com/profile/17519178038985667842noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6607544074240068767.post-29192571903640889522008-06-22T15:37:00.000+08:002008-06-22T15:37:00.000+08:00You said "As I scan through and read the posts, I'...You said "As I scan through and read the posts, I'll start to plug-in to the real world angst and misery that my fellow citizens put up with on a daily basis."<BR/><BR/>Please note that what you plug into at Tomorrow is NOT the "real world" of Singapore. <BR/><BR/>The blogging whiners/losers constitute a terribly tiny minority of the general Singapore population, who are down-and-out losers forced to seek therapy by whining about their sad lives online. <BR/><BR/>The platform also allows the losers to find fellow losers to commiserate, so the losers can find solidarity for their loserly lives.<BR/><BR/>The majority of Singaporeans are not loserly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6607544074240068767.post-35125423593088776862008-06-22T15:32:00.000+08:002008-06-22T15:32:00.000+08:00I replied to your post at Tomorrow on why Singapor...I replied to your post at Tomorrow on why Singapore bloggers are whiny shits.<BR/><BR/>http://tomorrow.sg/node/view/8431#comment-6474641Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6607544074240068767.post-62012945376329608362008-06-03T22:42:00.000+08:002008-06-03T22:42:00.000+08:00Temasek actually publishes an annual report that t...Temasek actually publishes an annual report that tells you what assets they hold I think. GIC is supposedly the more mysterious one - but it's not a big surprise 'cos they don't make more money by telling people what investment strategies they have up their sleeves.<BR/><BR/>As for telling people more, how many people actually understand -- and how many people who don't understand will talk like they are Warren Buffet? <BR/><BR/>Finally, even if GIC tells you what they they are doing, it's not likely that you can "huat" with them lah. Unless you are Warren Buffet, you are unlikely to be able to execute the same sorts of trades on the scale they need to hedge your risks. <BR/><BR/>A more pertinent question is this: why doesn't GIC start a fund that will allow Singaporeans to invest if they are doing really well? <BR/><BR/>Reason is actually very simple: it is not true that the more funds you have, the easier it is to make money. Some strategies are not very scalable -- and GIC really doesn't need the cash infusion. <BR/><BR/>What's probably the crux of the problem is the following though: it makes no economic and political sense. <BR/><BR/>Allowing folks to invest will be regressive because what the Govt will effectively be doing is help the rich get richer - since only the rich will have the spare cash to invest mah. <BR/><BR/>But more seriously, there is no reason for the Govt to take the political risk. If the GIC fund tanks (and it might if we're greedy enough - if not greedy then put in fixed-D lah), it's going to be a political problem. <BR/><BR/>Hope this helps. :-)kwayteowmanhttps://www.blogger.com/profile/10586538402729252879noreply@blogger.com