Q: Why is liquidity and valuation better in Hongkong, Australia and the US?
A: What happens when you compare apples, oranges and pears? 

The phrase “Lies, damned lies and statistics” has often been wrongly attributed to Mark Twain and a source of meme on the Internet. Irrespective of its orignation, the phrase describes the persuasive power of numbers, particularly the use of statistics to bolster weak arguments.

Consider this article “The best performance at the Olympics by Singaporean athletes since 2016” in The Sunday Times recently, which celebrated our Paralympians’ success in Tokyo. Without taking anything away from the tremendous results produced by our inspirational champions, isn’t this the only Olympics since 2016? Factually correct, it is probably an appropriate hyperbole, considering our poor Olympians who were roundly castigated unfairly by many.

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