opinion

Competitive rivalry A lot of professionals in the venture capital and mid-cap private equity space seem to be bad-mouthing each other. I...

Accountants, investors, and many large corporates around the world use the discount rate as the go-to metric for pricing any asset that...

“We’re more threatened by people who want the same things as us than by those who don’t. Ask yourself, honestly: whom are you more...

On 24 June, Singapore Airlines completed the full redemption of all its outstanding MCB (mandatory convertible bonds) that had been...

It just goes to show that even seemingly intelligent humans, when desperate, gullible and possibly even bored enough, will believe nearly...

Words from a few folks which I had whiskey with today: A lot of investment firms out there have earned themselves a reputation for doing...

I love Shenzhen. I like its wide city roads that are peppered with electric taxis. There are virtually so many electric cars on the...

The study of capital markets has always been both intriguing and amusing to me. A lot of its theories are backed by mathematics and...

When the world surprises the hell out of you and leaves you at the mercy of cash flows, anything and everything goes.

Eating hotpot is great even if you are doing it alone.

"Illiquidity Is The New Leverage And Flows Are More Important Than Fundamentals" - Eric Peters, CIO, One River Asset Management Tulip...

"Do you know how big is a billion? Just imagine every person tossing a coin at you at the same time." This was how one of my flatmates...

For years, practitioners in the industry have understood, accepted and have been taught that equity holders stand behind debt holders...

Curating and designing the short-term narrative towards a high value sometimes comes at a cost.

"You don't have to have every single answer. It doesn't matter how many blue trucks a company owns. More important is what can you do in...

Social media had only really started to take off some time in 2009. In the 2020 TV documentary The Social Dilemma, the show talks about...

"In the end, I am a teacher; that is really how I see myself." – Jorge Paulo Lemann When we think about teaching, instructional delivery...

I always have had interesting conversations around the assumption and concept of terminal value (TV) in my valuation and financial...

It has been a relatively productive two weeks in Singapore. Most of the conversations I have had ranged from my life in Hong Kong to...

When FTX imploded, some of the largest investors including OTPP and Temasek Holdings issued public statements to disclose their full...