Temasek's employees cost an average of 52million EACH

[yeokiwi]

Are you calling a professor an idiot?

Of course! What is more important in the democratic market place of ideas? Reputation or the idea itself?

So do you also believe what Ho Ching says that Temasek has achieved annualised returns of 17% annually?

Misinterpretations and possible frauds are two different matters.

It is just like you are eating at Geylang and I assume you are a pimp, that's misinterpretation based on my observation.
However, you claim that you are a honest property investor. I may doubt it (since you are at geylang) but unless I have further evidence, I will have to believe that you are what you said.

Here, we are not debating whether Temasek's account is proper a not. We are only pointing out that Balding is simply misinterpreting the data.