Category Archives for Market
MAS Monetary Policy Statement Apr 09
MAS released their monetary policy yesterday. The strength of the Singapore Dollar currency is determined by the Nominal Effective Exchange Rate (S$NEER) which MAS adopts. MAS decided that the exchange rate policy band would be re-centered to the existing value, while keeping the zero percent appreciation path. The modest devaluation of the Singapore dollar led […]
Contrarian Investing
The term “Contrarian Investing” might be familiar to all value investors. This term is not to be confused with the terms “contra” or “contra trading”, which refers to the buying and selling of shares within a few days (and without putting up any cash) in order to make a quick profit. A contrarian investor is […]
Jim Rogers – How He Sees the World
I was at NUS to attend the talk by Jim Rogers the other day. In case you don’t know who Jim Rogers is, he is the person who started the Quantum Fund together with George Soros. Subsequently, he retired at age 37 to travel round the world once on a bike and another time in […]
Warren Buffett Talks About the Current Financial Crisis
Warren Buffett was recently interviewed by Charlie Rose on the current financial crisis. He mentioned that he has never seen (in his adult lifetime) such an amount of fear existing in the market as there is right now. In this interview, Warren Buffett also shares his views on: The bailout by the US government and […]
Bank Run on Bank of East Asia
Yesterday, we almost had a disastrous bank run on the Bank of East Asia (BEA). A bank run (also known as a run on the bank) occurs when a large number of customers of a bank withdraw their money at the same time. This could be because they fear the bank is in danger of […]