[Singapore] - Is it wrong to be born fortunate? Kiat Lim on what it is like to be the son of billionaire Peter Lim

[congo9]

successive generations have always been worse off at allocating capital than the founders.

might as well let the State take it back and build more Aircon domes around the island.

It's not they are poor in allocating capital. Circumstances has it that they are unwilling to put in hard work and make hard decision involving the use of capitalor resources given. They do not have the incentive to get rich.

Anthony Tan is a rich bloke by birth, but he is different. He broke out and make Grab a world wide famous company. Of course he has his reward and he is well rewarded.

 

[nightsafari]

nothing wrong with being born fortunate.

but everything wrong with your grandpa not paying estate duty tax when he passed on.

ooh? what's this? peter lim's dad didn't pay taxes?

 

[nightsafari]

successive generations have always been worse off at allocating capital than the founders.

might as well let the State take it back and build more Aircon domes around the island.

tell you what. this guy and Peter Lim feels like an analogue to Lee Hsien Loong and his father. Both have that puffy jawed way of speaking. suppose it's being raised with too many silver spoons in the mouth.

 

[Cottonmouth]

Was there a set of sex photos taken in that house? That sofa, brown cornice and those folding doors setting looks awfully familiar.

 

[pvtpublic]

It's not they are poor in allocating capital. Circumstances has it that they are unwilling to put in hard work and make hard decision involving the use of capitalor resources given. They do not have the incentive to get rich.

Anthony Tan is a rich bloke by birth, but he is different. He broke out and make Grab a world wide famous company. Of course he has his reward and he is well rewarded.

I'm referring to research data. can't recall the links, u can google for it. it's not anecdotal.

 

[pvtpublic]

ooh? what's this? peter lim's dad didn't pay taxes?

who knows...

 

[pvtpublic]

tell you what. this guy and Peter Lim feels like an analogue to Lee Hsien Loong and his father. Both have that puffy jawed way of speaking. suppose it's being raised with too many silver spoons in the mouth.

probably just the sense of entitlement that u find familiar.

 

[melzp]

who gives a fark for who he is, when he know which cave he came out.
there is no lack of parasites/leeches for him anyway.