Kudos to GIC

• Love Supreme

  24 Jan 08, 12:58

  Was reading the Ng Kok Song interview with ST the other day. I must admit that I was very surprise the GIC wasnt caught in the subprime saga.
  
  Singaporeans should be proud of that.
  
  
• hloc

  24 Jan 08, 14:01

  Originally posted by Love Supreme:

  Was reading the Ng Kok Song interview with ST the other day. I must admit that I was very surprise the GIC wasnt caught in the subprime saga.
  
  Singaporeans should be proud of that.
  
  

  Wow.... u die Praise Govt here Don't you know here only can be anti-govt only.
• Daddy!!

  24 Jan 08, 17:42

  
  
  i heard GIC and Temasek holdings hedged away 60% of its portfolio's beta risks with stock index futures at the top.
• kilua

  24 Jan 08, 17:55

  Originally posted by Love Supreme:

  Was reading the Ng Kok Song interview with ST the other day. I must admit that I was very surprise the GIC wasnt caught in the subprime saga.
  
  Singaporeans should be proud of that.
  
  

  Then did you read about GIC selling their US positions when Dow was only 6000 points? They miss a hell lot of bull run.
• Daddy!!

  24 Jan 08, 17:59

  Originally posted by kilua:

  Then did you read about GIC selling their US positions when Dow was only 6000 points? They miss a hell lot of bull run.

  wow!!
  
  i also did not buy shares at that time. I remember that i spent nearly S$6K (which is a lot at that time) on a multi-media desktop computer. Now I realise how stupid i was.
• Love Supreme

  24 Jan 08, 19:09

  Originally posted by kilua:

  Then did you read about GIC selling their US positions when Dow was only 6000 points? They miss a hell lot of bull run.

  Is that investing or speculating?
• charlize

  24 Jan 08, 19:12

  Originally posted by Love Supreme:

  Is that investing or speculating?

  Cutting losses?