tag:blogger.com,1999:blog-28086856.post7040536282467050732..comments2024-03-20T01:42:13.273+08:00Comments on Eight percent per annum: Value investing in Singapore stocks: Companies that shouldn't existJayhttp://www.blogger.com/profile/03292158817395898619noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-28086856.post-76204859381241989262009-10-16T09:35:32.648+08:002009-10-16T09:35:32.648+08:00Hi Retail,
Glad that you pointed out the irony of...Hi Retail,<br /><br />Glad that you pointed out the irony of the efficient market. Markets can only be efficient if there are people who are around to exploit the inefficiency.<br /><br />I guess the argument is that one market participant may be lucky to find 1 or 2 inefficiency, but is not able to repeat that over long periods of time, like eg. 10 yrs.Jayhttps://www.blogger.com/profile/03292158817395898619noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-79363429892725703182009-10-16T09:33:50.690+08:002009-10-16T09:33:50.690+08:00Chartered has had a lot of issues. Like poor compa...Chartered has had a lot of issues. Like poor company culture, focusing on sales and not profits etc. Inability to attract and retain talent. It's really quite jialat if you talkt to those who are in the industry and in the know.Jayhttps://www.blogger.com/profile/03292158817395898619noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-28787291911484969662009-10-07T18:46:16.006+08:002009-10-07T18:46:16.006+08:00I suppose market pricing mis-match occurs everyday...I suppose market pricing mis-match occurs everyday. That is why for every transaction, there is a seller who believe that the price is too high, and a buyer who believe the price is too low.<br /><br />How about viewing market efficiency as such - A efficient market is one where the market returns is difficult to beat even with much effort trying to do so. Eg. Suppose STI generates a return of 35% over the past year, and an active investor tries to beat it. STI will be deemed an efficient market if the investor finds it hard to generate a higher than 35% returns.Retail Investorhttps://www.blogger.com/profile/15129114180464789604noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-56499092536517684212009-10-07T18:02:23.122+08:002009-10-07T18:02:23.122+08:00One reason why Temasek back Chartered is to hope S...One reason why Temasek back Chartered is to hope Singapore will be able to one day compete with the likes of Taiwanese companies. Obviously, Singapore failed in this area terribly and Temasek eventually gave up after a decade.<br /><br />hongjunhongjunhttps://www.blogger.com/profile/17931328655666566330noreply@blogger.com