Singapore Exchange (SGX)

[weijian]

sorry for my comments earlier
I was angry with SGX because I got burned badly in a few S-chip scandals before
so sad... sobs sobs

If you have known that the CEO who rolled out the red carpet for them, even had hundred of thousands of stock given free to him as compensation for not engaging in direct/indirect competition after leaving the company, your anger might have boiled over?

The stock market is full of colluding insiders, stock brokers and big boys, termed as "sharks". Retail investors are the small fish that need to learn to avoid sharks, while swimming with them at the same time.

Rather than "angry with SGX", it might be more productive to be "angrier at yourself". It takes tenacity, self belief and most importantly wisdom, to channel that anger into something productive to learn the survival skill to outwin and outlast, while swimming with the sharks. As the old adage saying goes - "Fool me once, shame on you. Fool me twice, shame on me".

Happy learning! (investing)

(Disclosure: vested in SGX, cumulative S-chip burnt ~30% of portfolio but have figured out that emotions play no good in learning to swim with the sharks)