Deriving an accurate discount rate is a fool's errand
Accountants, investors, and many large corporates around the world use the discount rate as the go-to metric for pricing any asset that...
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00:00 / 03:51Writings on
MARKETS
Opinions on the state of economy, financial markets and general business
Aug 9
A unique window of opportunity for Singapore’s equities market
(In the spirit of celebrating national day...) If there was ever a modern day HBS corporate case study that highlights the resilience of...
Jun 25
A great way to fly again
On 24 June, Singapore Airlines completed the full redemption of all its outstanding MCB (mandatory convertible bonds) that had been...
Apr 3
Welcome to the world's largest gambling den
"This is the nature of capitalism, get over it." - Kevin O'Leary After nearly two decades of being in finance I still don't think I...
Mar 5
Hong Kong needs a “Taylor Swift event"
I love Shenzhen. I like its wide city roads that are peppered with electric taxis. There are virtually so many electric cars on the...
Feb 4
What the whales own matter to the fishes
The study of capital markets has always been both intriguing and amusing to me. A lot of its theories are backed by mathematics and...
May 18, 2023
Lessons from Singapore Airlines
When the world surprises the hell out of you and leaves you at the mercy of cash flows, anything and everything goes.