Originally posted by noahnoah:
U listen to this Jim Rogers?LoL
You called him a guruuu?
do you know who is he and his background for a start?
jim rogers is quite an odd man in my opinion.
he sees USA dying off so he moved his family to asia where he sees that money can be made.
an extreme capitalist.
Originally posted by angel3070:jim rogers is quite an odd man in my opinion.
he sees USA dying off so he moved his family to asia where he sees that money can be made.
an extreme capitalist.
well he still has a house in US and his relatives and friends are still in US. if you listened to his talks, Asia is the place to be in this century and the coming collapse of the US, UK and Western Europe. He moved to Spore because China and HK pollution are atrocious and he is bullish on China, the next superpower replacing the US in the coming decades if not years. China is on its way to replacing Japan as the second economic power very soon.
Anyway he shifted his family to Spore because he wants his children to learn mandarin, as when his 2 daughters are grown up to advantage his children, if they are going to do business or invest in China. What he said made sense in CNBC and Bloomberg made a lot of sense. Back in his interviews given in 2007, he was back then short on shares and US dollars and bullish on commodities and gold, which was proven right in 2009 before the implosion of this financial crisis originated from wall street. He also railed against the Fed and Treasurer, saying they made mistakes after mistakes, such as printing money is not going to solve the crisis. look at the Japan lost decade and its zombie banks in the 90s.
Originally posted by Louis dave36:
Anyway he shifted his family to Spore because he wants his children to learn mandarin, as when his 2 daughters are grown up to advantage his children
move children to singapore to learn mandarin?
I think I better move to england to learn speak english also, then later move to malaysia learn the speak malay, then move to india learn the speak tamil.
Originally posted by Fantagf:
Never mind about jim rogers and warren , as long as the great oppressor considers them as talents they are "talents"
these academics also can be called talents wow, no wonder Temasek go head in to invest in citigroup and merrill lynch in 2007. if they read about Roubini warning if the bubble of the housing market before it happened, or Jim Rogers warning of the collapse of the US dollars and inflation. do they even have experiences working in the industry. even if they are, are they even experts in their own field. There are many so called experts in wall street, but few of their judgement are ever correct.
Does Leong Ching and her advisors even know what they are doing then and now. why on earth they didnt invest in good companies, like Warren Buffet Berkshire Hathaway and Google for instance, instead of investing billions in paper companies like citigroup, merrill and UBS. investing in one of them is considered a huge risks, but 3 of these banks were invested back in 2007.
They should seek advice from this guy, predicted economic crisis in 2002, no one can fight him already!
:
Here's a guy who wrote about the current economic storm back in 2002:
IT'S | <!-- FormatDate(); // --> SEPTEMBER 15, 2009 | AND |
DON'T SAY YOU HAVEN'T BEEN WARNED! |
http://www.thegreatbustahead.com
Guy predicted economic crisis in 2002!
http://www.amazon.com/Great-Bust-Ahead-Depression-Understanding/dp/159196153X/ref=sr_1_1?ie=UTF8&s=books&qid=1252986104&sr=1-1
In late 2002 when this book was published, in addition to the massive thirteen year depression beginning towards the end of the decade, it forecast that:
The economy, as reflected by the DJIA, would resume its upwards march in late 2002 or 2003. This is exactly what happened.
The DJIA would have a snapback to 13,000 to 14,000 and the FTSE to 6,000 to 7,000 by 2004, but delayed possibly by wars/politics/terrorism/scandals. This is exactly what has happened. Although the full snapback has been delayed for the reasons described, the DJIA in 2007 reached over 14,100 and the FTSE over 6,700.
The inflation adjusted DJIA returns from 2003 to 2012 would average 7% to 8%. So far, with the delayed full snap-back, inflation adjusted DJIA returns have averaged a more modest 5.8%, as would be expected.
Interest rates would increase from 2003 onwards. This is exactly what happened.
guru of gurus, king of kings!
I also predict there will be economic crisis in 2030-2035 period.
No one can fight me also.
did she say how temasek recoups
or just revalue their singapore stocks and properties and not revaluing the depreciation in US$
just add up all the plus and ignore the minus?
Originally posted by seyKai:did she said how temasek recoups
or just revalue their singapore stocks and properties and not revaluing the depreciation in US$
just add up all the plus and ignore the minus?
the economy and the companies they invested in are slowly and gradually coming back to health compared to september last year when Lehman Brothers collapsed, but are still some way to go before the 2007 highs.
I remembered Citigroup shares dropped to penny stock, ie below US $1 dollar last year, but now has risen considerably (dunno what share citi is trading now).
Originally posted by angel3070:They should seek advice from this guy, predicted economic crisis in 2002, no one can fight him already!
:
Here's a guy who wrote about the current economic storm back in 2002:
The great bu$t ahead: the greatest depression in American & UK history
IT'S SEPTEMBER 15, 2009 AND
THE GREATEST DEPRESSION IN HISTORY, WORSE THAN THE GREAT
DEPRESSION OF THE 1930s, AND NOTHING TO DO WITH THE 2008/9
SUB-PRIME DRIVEN CRISIS, IS NOW JUST AROUND THE CORNER.DON'T SAY YOU HAVEN'T BEEN WARNED!
http://www.thegreatbustahead.com
Guy predicted economic crisis in 2002!
http://www.amazon.com/Great-Bust-Ahead-Depression-Understanding/dp/159196153X/ref=sr_1_1?ie=UTF8&s=books&qid=1252986104&sr=1-1
In late 2002 when this book was published, in addition to the massive thirteen year depression beginning towards the end of the decade, it forecast that:
The economy, as reflected by the DJIA, would resume its upwards march in late 2002 or 2003. This is exactly what happened.
The DJIA would have a snapback to 13,000 to 14,000 and the FTSE to 6,000 to 7,000 by 2004, but delayed possibly by wars/politics/terrorism/scandals. This is exactly what has happened. Although the full snapback has been delayed for the reasons described, the DJIA in 2007 reached over 14,100 and the FTSE over 6,700.
The inflation adjusted DJIA returns from 2003 to 2012 would average 7% to 8%. So far, with the delayed full snap-back, inflation adjusted DJIA returns have averaged a more modest 5.8%, as would be expected.
Interest rates would increase from 2003 onwards. This is exactly what happened.
guru of gurus, king of kings!
I also predict there will be economic crisis in 2030-2035 period.
No one can fight me also.
never heard of this guy before? If his prediction is spot on,seems like no media mentioned about his name and book?
Originally posted by Louis dave36:never heard of this guy before? If his prediction is spot on,seems like no media mentioned about his name and book?
too extreme already, 2002 predict crisis, so no one dare to mention.
I predict 203o--2035 period got economic crisis, you better prepare now.
That finger too thick and long to be the index finger. A message to all the detractors?
jim rogers wife phd background around 40 - 41 yrs old
jim roger duo in commodity like coffe beans, IRON, GOLD, etc
graduated from us A class u DON'T KNOW HARVARD, YALE OR STANFORD
very seasoned investor like warren buffet, franklin templon, etc
Originally posted by lotus999:she is investing again? god bless us!
Another brilliant move by the Jinx ?
Buying when the market is moving up, and selling as the market crash ?
if no wrong her academic background phd in electrical graduate from one of the top us u
why and how come come can become temasek ceo
she is not doing the investing herself - all the transaction done by their scolars what
any thing wrong those scholar kena
she just authorised, approved and signed only
Originally posted by Georgetan884:if no wrong her academic background phd in electrical graduate from one of the top us u
why and how come come can become temasek ceo
she is not doing the investing herself - all the transaction done by their scolars what
any thing wrong those scholar kena
she just authorised, approved and signed only
she should joined academia or stick to electrical engineering, where she is expert in her field. what was her work experiences in and which uni she studied?
you should never appoint a beauracraut to a top position in investment or SWF, where the job overwhelm the incumbent. this job is way out of her league. does she even know what she is doing in the first place? there is only so much you can learn on the job and read.
those advisors, do they also know what they are doing as well? its one thing to have good academic credentials, but do they have the midas touch in investing or know what to invest in?
Originally posted by Georgetan884:if no wrong her academic background phd in electrical graduate from one of the top us u
why and how come come can become temasek ceo
she is not doing the investing herself - all the transaction done by their scolars what
any thing wrong those scholar kena
she just authorised, approved and signed only
PhD ?
Where did you get this information ?
The highest qualification was a First Class Honors Degree in Electrical Engineering from NUS, and a Masters of Science (Electrical) from Stanford University, USA.
She was only an unknown engineer, who was buried deep amongst the army of civilians working behind the clusters of monitor screens in MINDEF, until Wong Kang Seng became the match-maker after LHL lost his first wife.
Originally posted by Atobe:
PhD ?
Where did you get this information ?
The highest qualification was a First Class Honors Degree in Electrical Engineering from NUS, and a Masters of Science (Electrical) from Stanford University, USA.
She was only an unknown engineer, who was buried deep amongst the army of civilians working behind the clusters of monitor screens in MINDEF, until Wong Kang Seng became the match-maker after LHL lost his first wife.
she should stayed at her old job. Temasek's CEO is out of her depth really. The CEO job should be someone in the banking, financial or investment industry for decades as a top management, like CEO, CFO or COO and not some engineer at MINDEF.
i stated clearly if i am not wrong - her academic level - i never confirm
my english pte ltd
suitable to work in oil co - physics background not investment (finance) one
so "where is god" - where is "fairness" - so i become free thinker
forced to do ns ict
pui
Originally posted by Georgetan884:i stated clearly if i am not wrong - her academic level - i never confirm
my english pte ltd
suitable to work in oil co - physics background not investment (finance) one
so "where is god" - where is "fairness" - so i become free thinker
forced to do ns ict
pui
You should know by now nepotism and cronyism rule.
Originally posted by Fantagf:
You should know by now nepotism and cronyism rule.
everywhere also got what? look no further than Japan and China and also in USA.
in Singapore it pays that you graduate with a top top university and your career will be very smooth all the way until you retire.
Originally posted by Rooney9:everywhere also got what? look no further than Japan and China and also in USA.
in Singapore it pays that you graduate with a top top university and your career will be very smooth all the way until you retire.
Does "nepotism" occur in Japan and China, and also in USA ?
Do you understand what "nepotism" means ?
Did you mix "nepotism" with "cronyism" ?
In Japan, China and in the USA - do you see a father and son in politics at the same time, or holding political office as Ministers in the same Government ?
Originally posted by Atobe:
Another brilliant move by the Jinx ?
Buying when the market is moving up, and selling as the market crash ?
there is really no one stopping her or questioning her oversight? unlimited cash flow.