Saturday, October 16, 2021

Use of renewable energy for bitcoin mining

 Some people said that renewable energy can be used for bitcoin mining, and that will not harm the environment. I find this reasoning to be fallacious or dishonest.

Wisdom of the Crowd - New Issues

1. Should Singapore support China's application to join CPTPP?
2. Should the unvacinnated be barred from entering malls and restaurants?
3. Why is Singapore facing a big increase in covid deaths?

Vote in

Taken out of context

 It is quite common for misinformation to be spread by videos, images and text being taken out of context. Be careful.

It is counter productive to restrict the unvaccinated

 In this post, I explain why it is counter productive to introduce restrictions on the unvaccinated. The cost of implemeting the restrictions ooutweighs the benefit.

What is wrong with the covid strategy

 I share my views on what is wrong with the covid strategy adopted by the MTF.

A painful experience in trading Gold futures

 I have bad luck yesterday.

I held 4 Gold contracts at $1,797.
It closed at $1,768, giving me a loss of $11,000 USD.

WOTC: Military conflict over Taiwan

 Wisdom of the Crowd: 94% of the respondents do not expect US and China to have a military conflict over Taiwan.

Big difference in surrender value and projection

 This policyholder was shocked that the insurance company quoted him a surrender value that was $20,000 less than their projection.

Friday, October 15, 2021

WOTC - Law to stop foreign interference

 Wisdom of the Crowd: 85% of the respondents said that Singapore does not need a new law to deal with foreign interference in its internal politics.

 Wisdom of the Crowd: 96% of the respondents said that the government passed the FICA law hastily.

 Wisdom of the Crowd: 75% of the respondents said that the MTF handled the covid crisis badly in the latest phase of relaxation.

High covid deaths in Singapore

 Why does Singapore have an unexpected high number of covid deaths during the past two months?

Here is my hypothesis. It is an opinion. I may be wrong.

Thursday, October 14, 2021

Country comparison of covid deaths - 13 Oct 2021

 The covid deaths for Singapore for the past 7 days has increased to 10 per million of population.

It is considerably higher than Myanmar, Australia, Japan, Indonesia, India, S Korea, Taiwan, Hong Kong.

Considering the high vaccination rate in Singapore, the good medical facilities and the layers of restrictions that are imposed on the public, the high death rate for Singapore is puzzling.

Wednesday, October 13, 2021

My experience with short term trading

 Dear Mr. Tan,

You appear to be doing quite well with your short term trading as well (apart from long term investing in good value stocks). Can you share you tips? Do you use technical analysis? My reply here:

Tuesday, October 12, 2021

Wisdom of the Crowd - New Issues

1. Should unvaccinated be barred from restaurants and malls?
2. Is the home recovery program safe to the family members?
3. Should vaccination be made compulsory?

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Remove restrictions on the unvaccinated

 In this post, I express the view that there is no need to impose restrictions on the unvaccinated and stop them from visiting restaurants and malls.

Booster shot for the elderly

 My friend sent me a link to this article and made the following comment:

If US FDA which is a recognized institution is cautioning against taking the 3rd booster jab because of the associated risks then why is our government or authorities rushing into it without careful analysis & consideration ?
TKL replied

High energy prices

 I give my observations about the energy market. It could provide some interesting opportunity to make (or lose) money.

65 yo doctor died from covid

 I give my views about this incident, where a 65 yo doctor died from covid.

Update on New Oriental Education (EDU)

 I made a gain of US$9,800 on New Oriental Education (EDU).

However, this stock is volatile. So, the gain may disappear suddenly.

Sunday, October 10, 2021

Technical issue with SIA website

This is my suggestion for SIA to address the technical issue of its website, which has not been addressed for a decade.

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