10-01-2019, 02:31 PM
(10-01-2019, 05:04 AM)weijian Wrote: Wonders anyone makes such sort of returns on SGX (eg. Prof Mak) due to the poor corporate governance?
The 20%-a-Year Stock Picker Who Wishes His Edge Would Disappear
Webb finds the source of his outperformance troubling. In his view, beating Hong Kong’s stock market by such a wide margin has only been possible because of the city’s weak corporate governance and lax regulatory oversight.
https://www.bloomberg.com/news/articles/...-disappear
Index wise, Hang Seng Index(+250% since 1995) performed much better over the same period than STI.(+50% since 1995)
So.. it may be more difficult to match Webb in local market?