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The real CPF scam

The real CPF scam

Dr Christopher Balding Let me pose a not-so-hypothetical scenario. I am an investment manager and you have retirement savings you want to invest. Like any informed consumer you ask me how much I will charge you to be the investment manager. I reply, if you invest your money with me, I will keep most of the money you make and... 

Letter inviting PM Lee for coffee

Letter inviting PM Lee for coffee

Dr Christopher Balding Dear PM Lee, As a responsible and humble academic, I would like to extend an olive branch to the dear leader of Singapore, Prime Minister Lee Hsien Loong. Despite my best efforts to avoid it, I will be transiting through one of the best airports in the world Changi International Airport paid for and built... 

One of the Many Things I Don’t Understand About Temasek

One of the Many Things I Don’t Understand About Temasek

Dr Christopher Balding I am reviewing the Temasek 2013 Annual Report when I come across this interesting picture on page 7 of the report (page 9 in the PDF viewer). It says that investments made by Temasek prior to March 31, 2003 have earned an annualized rate of return of 16% over the last decade. It also says investments... 


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