Prof Balding rebuts Nonsense: The Implications of ‘Zero or Nominal Cost’
Dr Christopher Balding I was recently notified of a rebuttal ('Rebutting Christopher Balding – Why Temasek can have 17% return') to some of my writings and specifically attempting to clarify how Temasek Holdings has earned 17% annually since 1974 as they claim. The author claims that Temasek investment returns are entirely...
Prof Balding explains SIA’s accounting on recent sale of its Virgin Atlantic stake
As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises. There are numerous reasons for the difference between earnings, inflows, and assets under...
Prof Balding Rebuts ‘Factually’ and K. Jeyaretnam
There are so many inaccuracies and lies on the Singapore Government's “Factually” website in its rebuttals of my arguments about Singapore, Temasek Holdings and GIC data that I was preparing a multipart series on the topic. However, now the government of Singapore and Kenneth Jeyaretnam have teamed up to spread absolute...
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