Should Singapore set up the equivalents of Nobel Prizes to encourage innovations and inventions?

http://www.sverigeturism.se/smorgasbord/smorgasbord/industry/inventions/

Given the huge incentives and prestige of the Nobel Prizes which greatly enhanced the incentives to risk , innovates and invent. It will generate massive ideas and later leads to success?

At the present moment, Singapore is facing yet another recesssion.

In the earlier days, Singapore succeed due to low cost in manufacturing.

Now China and India have a huge, cheap and well educated workforce. It is difficult for Singapore to compete with them in regards to cheap manufacturing costs and labour.

As of the present moment, Singapore is heavily dependent on cheap foreign labour. This will further may create more social unrest, widen income gap and give Singapore a cheap image.

Scandinavia countries have some of the highest standard of living in the world. Should our country learn from them?

Their population is small but developed many innovations and inventions;
have world class companies like Ikea, Lego , Nokis & Volvo etc.
They depend little on cheap foreign labours and casinos.

Why can't Singapore set/follow good examples?

Singapore has $200 billions reserves.

Singapore can set up multi-million dollar prizes equivalents of Nobel prizes.

Honour and reward innovations and inventions more often, so that many more good ideas and patents can be produced to drive the economy.

This will also strengthen Culture and bring out the best of local talents.

It is able to pump huge amount of money into building more private schools with state of the art technology and research facilities as well as sports (sea, land, hard, soft) complex to draw more high value students from all over the world.

Kallang River Park has huge empty plots which can be used to build many new facilities.




Building a 88 stories high tech building or innovations and research near the MRT along the Kallang River

The building to be build to house multi functional facilities like  National Research Centre, activities for arts, music and cultures facilities & library.

Last a minister wrote to my wife getting a PR, asking ideas for community bonding which i replied it on her behalf.

Important consideration for community bonding is easy access, so that they can drop by conveniently.

The 88 stories to have residential, hotel, office and shops house in the same building to provide all in one amenities?

With ten stories of underground facilities like carparks, securities equipments and facilties etc?

With renewable and green energy building. Beside it the Kallang River can generate renewable energy

The $1.5 billion stadium beside it will draw huge tourists because it is the only one in the world to showcase Singapore innovations with the 88 stories building, with it award winning state of art technology and massive seasport facilties.

Building a high tech sports school, to training sports man and invite top coaches around the world to come

We can also pump huge amount of money to employ more teachers. Build more private and local schools. Build schools with new educational systems, cutting edge research and facilities to draw top innovative staff as well as true foreign talent.

Start a tourism research centre,
study how to draw higher spending tourists and make them staying longer.
Invest billions of dollars in training tourism staff as well as upgrading tourist spots.

Create more Eco-friendly solutions that help, can influence other countries and heal mother earth.

Build facilities that emphasis on healthy living. Research on how to live longer and healthier instead of building more hospitals and focusing on curing diseases which will create and manifest more diseases.

Reduce dependency on casino gradually.
Casino creates social problems such as broken families, loan sharks, gangsters, suicides, chickens running around etc.,

Cheap labour produces negative effects as well.

By doing so, Singapore will set a good example for the world to follow, help heal the planet, bring in positive vibrations, generate income and revamp it's economy as well.

Learning from the master investors

Many of my investments ideas were learned from William O Neill, Peter Lynch & Martin Zweig & Warren Buffret.

By trying out some of the ideas I learned from these great investors, I am able to make some extraordinary returns.

Many stocks that I invested, I am able to make few times returns, through the knowledge I gained from these great investors.

Martin Zweig explained  how various government policies influence the market conditions. The bloom and bust of the economy

Peter Lynch tried to catergorised the various stocks into different catergories.
And how sentiments can exaggerated the movements of stocks.

William O Neill on how to pick stocks that has the highest chances of multiplying many times.

He refer how the past greatest stocks' patterns.

Meeting the CEO, Executive Chairman & Managing Directors & Presidents of Listed Companies

Over my 20 years of extraordinary investment experiences. Some of the most interesting and important ideas were meeting the top hanchos of the Listed Companies.

I used to stay at least half hour after the Annual General Meetings or Extraordinary General Meetings to dicsuss with these top leaders of listed companies.

I learned lots of things about the future and heatlh of the listed companie or then just reading their reports.

They may not able to divulge too much info because of the SGX rulings on insider info, by talking to them, can feel are they confident or not the future of their companies they are running.

Talking to them is one of the best indicators of the companies future directions and learned some new investments ideas with the leaders of the industries.
 

You got to prepare beforehand what you want to ask about the companies, so as to probe deeper into the companies you want to invest.

8888.henry@gmail.com

Public listed Companies' Annual General Meetings and Extraordinary General Meetings

Went to AGM/EGM meetings, got to know numerous Executive Chairman, CEO, Managing Director & Presidents of the organisations. When I went to AGM meeting I usually stay longer after the AGM ends, so that I can ask more questions about the health of the listed companies and learn one or two tricks about doing business.

Sometimes we got difficulties to understand what we read in the Annual Reports so we can find out from the CEO, which can give us more through views of the futures of the company.

We may able to give some suggestions or discuss some ideas with the senior managements to turn the companies around and able to  understand better about the future directions of the companies.

We can learn a lot about the businesses by speaking to the out senior staff, and learned which was not written on the annual reports. There usually some difference when we talk to the senior staff and the annual reports

Some will tell new and better shareholders are coming in or who are their new clients etc.

Of course going to outlying areas to find the office is not easy but it worth the effort.

Talking to the MD or CEO is different from what we read as some of the news we read maybe obsoleted, which might be prepared few months ago.

My investments skills

As a investor I felt that my skills get good returns because of my lack of qualifications, it is difficult for me to get a job as a fund manager especially in Singapore.

I had develop a way to beat the market and get very good returns.

Many of my friends had benefits from me from giving them free tips on investments. In USA there is more emphasis on skills and performances rather than qualifications.

I had sent my resumes to various companies and get no reply at all. I had asked on senior fund manager who used to interview people, he said minimum requirement is a degree.

Hopefully one of these days, I can overcome this hurdle and run an investments fund.

AGM meetings

I had received some annual reports. Taken note of the coming AGM meeting the coming few days. I would like to go down for the AGM meeting to get a better feel of the company and talk to the CEO and ask a few questions.

By going down to the company we can find out lots of things from the company.

Some of them thought investing in stock is like gambling, of course there are some elements of risk involved in any form of investments.

To go down to AGM mtg is a step to find out more about the company progress. It's difficult to get direct answers because they can't disclose any confidential info. But many time by talking to the senior management through my observations,I can feels more of less the direction of the company.

And the indication the company is it getting better or not when you talk to the senior staff of the company.

There things we can't just read in the annual reports or through the news, we can find out when go down to the company.

Factors affecting the Singapore Stockmarkets

Some of the factors which will affect Singapore stockmarket in the future:

$15 billions biopolis projects

The targeted of 17 millions tourists arrivals.

The increase of Singapore population to 6.5 millions.

$12 billions 2 Intregrated Resorts.

Islamic funds.

Merger of Singapore and Malaysia Stockmarket.

F1 race coming to Singapore.