Temasek did better than Berkshire Hathaway???

[MarrickG]

I didn't know that Temasek is that good leh. Are the stats that they use accurate?

SINGAPORE investment agency Temasek Holdings may have taken a hit recently on some of its high-profile banking investments, but over the longer term it has outperformed key global benchmarks.

Figures obtained by The Straits Times show that over a 10-year period to March this year, Temasek outgunned several closely-watched equity indexes.

It also beat other notable long-term investors such as Berkshire Hathaway, a top US investment company headed by billionaire Warren Buffett.

Temasek's performance has come under scrutiny in recent months after it suffered significant losses earlier this year on investments in Western banks Barclays and Bank of America (BoA).

The state investment house delivered an annualised total shareholder return by market value of 5.4 per cent from March 1999 to March this year, according to figures obtained by The Straits Times.

This compares with a return of 4.5 per cent in the same period for the MSCI Asia Pacific excluding Japan index, 3.1 per cent for the MSCI Singapore index, and -3 per cent for the MSCI World index. MSCI indexes are key indicators commonly used by institutional investors to see how well they are doing relative to the market.

Temasek's main investments are in stocks, with the bulk of its assets in Singapore and Asia, so these indexes are regarded as a useful gauge of its performance.

Temasek's returns were also better than that of long-term investors like Swedish investment firm Investor AB, which delivered 3.7 per cent, and Berkshire Hathaway, which yielded 0.7 per cent.

Last month, Finance Minister Tharman Shanmugaratnam told Parliament that Temasek has performed 'respectably' compared to relevant market indexes and reputable institutional investors.

He said Temasek achieved total shareholder returns by market value of slightly over 15 per cent per year on average in US dollar terms from March 2003 to November last year. This compares with 6 per cent annualised gain in the global equity market indexes (MSCI World), Mr Tharman noted.

http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_392459.html

 

[2lanu]

Ohh...154th media at their best again. Without going into detail of matters and letting no one to post questions to them.

Well done 154th! You deserved bonus end of end even when there is a downturn right now.

 

[commoner]

wau lan,,,,,

just give out numbers and figures, and tell people state secret, no open books and now says Whore Jinx is better than Warren Buffet,,,,,,,,,,

wanna spin a story also not that 夸张

 

[cass888]

Ohh...154th media at their best again. Without going into detail of matters and letting no one to post questions to them.

Well done 154th! You deserved bonus end of end even when there is a downturn right now.

Don't just throw allegations like the MONGREL who bit his masters' hands LOUDHAILER chee soon juan.

So what is it that you think is untrue/inaccurate/misleading about the report?

 

[Ah Guan]

Berkshire Hathaway is audited by Deloitte & Touche

Temasek is audited by ....... ??????

 

[cass888]

Berkshire Hathaway is audited by Deloitte & Touche

Temasek is audited by ....... ??????

Enron was audited by Arthur Andersen. What's your point?

 

[2lanu]

Don't just throw allegations like the MONGREL who bit his masters' hands LOUDHAILER chee soon juan.

So what is it that you think is untrue/inaccurate/misleading about the report?

I am not associated to LOUDHAILER chee soon juan by any way.

Warren Buffett's Berkshire buy investment from the open market. He betted with his own money. The shareholders trusted him with their money. And every year there is a annual report of P/L and bank sheet published for all to see.

Temasek's portfolio are mostly given to them by the SG govt. All it begin with a monopoly in many markets. But when they venture abroad, you see most of their venture just fumble one way or another. That's the main difference.

If Tharma was to compare, he should use SWF from Saudi and China. That's will be better then.

 

[Ah Guan]

My point is made clear with your example of Enron

Even with professional auditors engaged, corporate failures can happen

Temasek is not even audited independently at all

 

[2lanu]

Temasek won't fail. They got "big daddy" taking care behind. Put an idiot can also churn profit annually. But cannot understand why they chose a jinx that make things worse!

 

[streetsmart73]

hi there

1. comparsion should be orange to orange.
2. th to other swf, then talk mah!
3. self praise.

 

[2lanu]

hi there

1. comparsion should be orange to orange.
2. th to other swf, then talk mah!
3. self praise.

That's rite. If Warren Buffett is to run TH, I bet that he had now make more than it is now.

 

[cheekenpie]

Temasek won't fail. They got "big daddy" taking care behind. Put an idiot can also churn profit annually. But cannot understand why they chose a jinx that make things worse!

How can I buy Temsaek Stock?

 

[poore]

some how i dun buy the story....

open the books let ppl see....stop blowing ur own trumpet

 

[Ah Guan]

How can I buy Temsaek Stock?

Marry Lee Wei Ling

 

[johnny333]

How can I buy Temsaek Stock?

Cannot buy in lah, its a familee owned business