My X’mas, New Yr pressie to readers: 2 quotes that will serve them well as investors in 2014. The second one will also serve the Oppo and kay pohs well.
… fairly conservative investor, strongly believing in the combination of traditional valuation methods and charts – always looking at the balance sheet first and then analyzing the charts over 20, 50, 100, and 200 days.
“The only way that individual investors can be heard in a situation like this* is to collaborate and try to get attention. There are so many other interested parties trying to get their points across that it’s the only way they can have a voice, ” says Mark Taber, a British individual investor, who has led three successful campaigns against banks.
(But I doubt asking SIAS to get involved amounts to collaboration.)
And collaboration applies to the Opposition and kay pohs too, though sadly the WP is very clear that it’s the PAP’s co-driver not part of any coalition against the PAP govt. Though I am willing to give Low, Ah Lian and Muhamad Faisal bin Abdul Manap that they don’t have ministerial ambitions unlike PritamS. As to Auntie and Show Mao, one senses they think they are meant for better things than juz MPs.
As for attention, the kay pohs should think again of their attention-seeking attempts. I often feel that there is too much aping of Western PR techniques. I plan to go into detail later this yr, but here’s the essence: Western HR PR tactics are premised on the assumptions that:
– the public knows and cares about the causes of the PR effort. In S’pore this may not be the case. Take the case of migrant workers arrested for “rioting”: while the kay pohs focus on “due process” and poor working conditions; the posters on TRE focus on being anti-PAP even while supporting deportation for alleged rioters, and low wages for manual workers.
– changing opinion (esp among the chattering classes) can have an effect: govts do listen. In S’pore govt hasn’t ever listened, even when votes are at stake (OK, this is a bit of an exaggeration). NatCon double confirms this view of an unlistening govt.