Homepage
PR Newswire
15-08-2012, 01:09 AM
(13-08-2012, 11:39 AM)yeokiwi Wrote:(13-08-2012, 11:16 AM)CY09 Wrote:(13-08-2012, 10:15 AM)yeokiwi Wrote: Of course, you cannot blame them when nothing happened but on hindsight...
http://www.smrt.com.sg/Portals/0/PDFs/Ab...010_AR.pdf
Only 1.5 directors have an engineer degree.
Compared with Year 2001...
4 directors have engineering degree.
Engineering company runs by lawyers, chemists, social arts graduates and economists.
????
One should not be judged just due to their respective degrees earned. A degree provides one with other skills besides its area of competency. IF you are to look at other industries (e.g F&B),you may be surprised to see ppl who make ice-cream (whose business is now quite successful) possessing business degress (HR etc).
Looking at politics, you will notice that many of our ministers do not have the degree relevant to their portfoilo. Example: Minister for defence is a cancer specialist
I only agreed to a certain extent. The combination that a particular board is will shape the company policies.
If all of them have not involved in engineering design and development, I cannot see how they can understand the difficulty of doing it properly.
I had attended a biological project briefing before. It's totally out of the world even with years of technical development in engineering world.
Or simply, I did not understand what the hack the presenter was mumbling.
And try to make a decision to invest in the project.....
There is a reason that domain experts must be around to make sensible decisions. There may be lawyers and economists that are truely multipurpose but they probably do not know what is the difference between an AC or DC motor.
Or put it simply, the entire board can be smoked easily.
Yes! That's the point. After the smoking of course with their "super intellect" then they know what is a DC or AC motor.
That's how we have had the "SMRT MISHAP" recently. HA! HA!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.