The year was 1981. My father’s company, Maersk Drilling, a subsidiary of Danish conglomerate AP Moeller, had just posted him to Singapore.
If you followed me into the two gold stocks I wrote about back in April, you should be grinning from ear to ear.
The foundation of many personal and dynastic fortunes around the world, especially in densely populated Asian cities such as Singapore and Hong Kong, has been real estate.
As I’ve written before, one of the core attractions of investing in less developed markets around the world is that they still inhabit a normal universe where interest rates are positive,
Sometimes you come across a market situation that makes NO SENSE… where companies are reporting significant increases in profits, yet their shares prices are low, and investors continue to sell them.