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Thread: STOCKS THREAD

  1. #691
    Join Date
    May 2012
    Posts
    3,212

    Default

    Analogies can be dangerous, especially if they are forced.

    As of now as in 2012, the most proven and resilient sector no matter which attribute you adopt has been OCR, LH or FH.

    Quote Originally Posted by teddybear View Post
    The question you ask is analogous to people buying aging 99-years LH properties....
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  2. #692

    Default

    http://www.businesstimes.com.sg/comp...oss-on-ubs-bet

    i'm surprised bro teddy hasn't jumped on this yet.

  3. #693
    Join Date
    May 2012
    Posts
    3,212

    Default

    Don't get him started.

    We know the stunts are coming with the huge losses. My questions are why they always invest and recoup this way.

    Is there a better way?

    Quote Originally Posted by bargain hunter View Post
    http://www.businesstimes.com.sg/comp...oss-on-ubs-bet

    i'm surprised bro teddy hasn't jumped on this yet.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  4. #694
    Join Date
    Mar 2009
    Posts
    10,245

    Default

    What more to say?
    I already expected it when GIC bought UBS at that time at that kind price.......
    And Temasek lost a bundle on Bank of America (buying at about that period) right?

    Ha ha ha! On the other hand, I made a bundle on Bank of America, Citibank, and Goldman.........
    Goldman is now about double of my purchase price! But actually I made even much more from Bank of America................

    Sometimes I wonder why we are paying so much to those people who are pulling in sub-standard performance................ Is it any wonder why I NEVER EVER buy Unit Trusts?

    And oh ya, somebody here said follow Temasek and GIC to buy sure make money?

    Quote Originally Posted by bargain hunter View Post
    http://www.businesstimes.com.sg/comp...oss-on-ubs-bet

    i'm surprised bro teddy hasn't jumped on this yet.
    Last edited by teddybear; 5 Days Ago at 12:12 AM.

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