07 Apr '12, 10am

Dr. Doom Talks Boom at Maybank Kim Eng Invest Asia 2012 – 7 Apr 12

Maybank Kim Eng invited Dr Doom, Marc Faber, to Singapore for a talk. I did not expect him to speak only 45 mins and charged $44 for the ticket. Although KE also invited prominent figures like Magnus Bocker (CEO of SGX), Pua Seck Guan (CEO of Perennial China Retail Trust), and Ron Sim (CEO of OSIM), they should have mentioned it in their promotional flyers. I suspect the latter 2 CEOs are issuing rights soon. Mr Bocker encouraged more active trading. Of course, this would bring good business to SGX. He mentioned that 25% of the investors in Hong Kong are active and active means having trades on a daily basis. It is 17% in Australia and 10% in Singapore. I am not sure if I heard wrongly. These percentages look too large in my opinion. I also disagree with him when he compared equity returns with property returns. Saying … Read the full article → Related posts:Five Steps to ...

Full article: http://thefinance.sg/2012/04/07/dr-doom-talks-boom-at-may...

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