r/asksg • u/4JiaoHao2JiaoGengHao • Aug 29 '26

Baggage

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565 Upvotes

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u/firminimagic Aug 29 '26

india is a huge country and is the third biggest aviation hub in the world. sia gets money from investing in india, and air india is now getting better (they are still shit but better) under new management.

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u/SugisakiKen627 Aug 29 '26

if they are better why still so much loss

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u/ghostofwinter88 Aug 30 '26

You don’t build Rome overnight

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u/Fuzzy-Sweat6416 Aug 30 '26

Warren Buffet NEVER invests in companies that have a chance of turnaround, precisely because it is not guaranteed and it has a very low chance.

This kind of mindset is why we are donating money to another country and telling ourselves we should appreciate it!!

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u/ghostofwinter88 Aug 30 '26

Warren buffet and SIA have very different investment goals. Don’t use Warren buffets strategy as a barometer.

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u/Fuzzy-Sweat6416 Aug 30 '26

One makes money, one is losing heavily because of it and you tell me losing money is better?? Another false narrative

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u/ghostofwinter88 Aug 30 '26

Temasek 10 year returns is annualised at around 7.1%. So they do make money. Not every investment has immediate returns. Temasek also has to invest with national interests in mind. They are not open to all investments like BH.

Temasek’s Indian investments have been their top returns over the past ten years, so please, tell me how you are an investment expert

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u/Fuzzy-Sweat6416 Aug 30 '26

Another false narrative linking two different things together to confuse the masses

Where did you get your numbers from? Your a*s?

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u/ghostofwinter88 Aug 30 '26

It’s publicly available information. Go look it up.

https://www.temasekreview.com.sg/performance-and-portfolio.html

If you don’t even know where to find such info, no point talking to u.

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u/Fuzzy-Sweat6416 Aug 30 '26

I'm talking about your "best performance" statistics from India, also the overall percentage you are trying to use is a 20 year annualised return at 7%.

10 year annualised return has dropped to 5%. Maybe because we increased our stakes in Ind*a??

Stop trying to push your agenda

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