[Sentinel]

Singapore’s state investment fund, Temasek, one of the largest investment funds in the world with over $300 billion in assets, has sold off its modest position in the Nasdaq-listed cryptocurrency exchange Coinbase (COIN), according to filings with the U.S. Securities and Exchange Commission (SEC).

WELL DONE!

[Niubee]

They likely invested during venture capital funding stage. Sure make money

[[[ForeverAlone]]]

They again pump more invest more on Grab if you never read yesterday news

lol now different is buy low , sell lower not the usual buy high sell low

[[[ForeverAlone]]]

They likely invested during venture capital funding stage. Sure make money

Of course they can make money BUT HOW MUCH IS always the " Mystery Question "

Of course can make , money also not their , is country money aka public funds Lose a lot no body will take responsible either

they just throw eggs in so many basket surely one or few hit profits but how many basket in losses is another " Mystery " don't show

[sgbuffett]

Temasek makes many investments no point looking at one then concluding whether it is good or bad.

Based on their report their 10yr return is 7% in total.
Their 20yr return is 8%...

Is this good or bad? It depends on what risk was taken to achieve it.

A purely passive global index investing strategy would have yielded 10%. You can achieve this by boiling a team of less than 5 people. Most active managers underperformed this in risk adjusted measures.

In terms of returns Temasek is not at all impressive but it is decent. I will take this over the 4% I get in my CPF DA.

The question is all the manpower in Temasek a waste of taxpayers money? 

I seriously think we need to review this as overwhelming  evidence show we do not need such a big team and simple bond equity mix can achieve what they achieved innlastv20yrs. So the people were paid achieving nothing extra.

[Sentinel]

Actually I dun really give a damn