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Serious Larry and Sergey con Whore Jinx out of USD$800 million of our money, dumb bitch

krafty

Alfrescian (Inf)
Asset
temasek has very high risk appetite if it's solely for investment purpose. it's like treasure hunt, you never know what you going to find until you dig until the bottom. it may be a gold chest, you never know.
 

frenchbriefs

Alfrescian (Inf)
Asset
temasek has very high risk appetite if it's solely for investment purpose. it's like treasure hunt, you never know what you going to find until you dig until the bottom. it may be a gold chest, you never know.

like buying 4d u mean?temasek is hooked on its own lottery.
 

krafty

Alfrescian (Inf)
Asset
like buying 4d u mean?temasek is hooked on its own lottery.

they probably have already done their research, commoners like us will not know why the $800 million. investment, trading are all risk taking. you should know better.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
u know if u pump 800 million into something,either the thing is already very profitable and generating tons of revenue or a no brainer money making scheme like a casino,or u are taking a huge gamble shot at the moon.instead of investing billions into Australian energy firms like Li ka shing,Temasek is flinging 800 million at these willy wonka projects.goes to show the folks at Temasek have too much money and nothing better to do.for google it makes sense since they are offloading financial risk on fancy pet projects that may or may not work.....much like a professional poker player selling pieces of his action or entry into a high profile tournament with a huge player pool that his odds of winning are very slim despite being miles better than the average player.

better give me some of that money instead to gamble and invest.

Well that is exactly the whole point. If you are going to blow $800 million, why not buy the stock of Google, the parent company. Its a publicly traded stock and you can sell or buy more and receive a dividend. If Verily (which was 100% owned by Google prior to the Temasek investment) does well, Google stock will rise too and so will Temasek's $800 million purchase of Google stocks. If Verily loses money, then the loses will be cushioned by Google's core business and the stock price may not go down as much. By making a direct investment in Verily, what happens if they suffer several years of losses? Does Temasek go to Google and ask them to buy back the shares? What will Google offer them certainly not $800 million. They are really putting themselves into a tight spot with this investment.
 
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