There is this show on Singapore Channel U that is my staple entertainment when I was waiting for my TCM doctor.

Voices 听我说 is a show where the 2 hosts bring a panel of guests to discuss a particular topic close to heart of Singaporeans.

And in last week’s show, they discussed about money.

As seasoned readers of Investment Moats, a lot of the concepts won’t be new to you.

However, I do find myself surprised by people’s willingness and philosophy when lending money to good friends and people they do not know. Particularly, the seemingly most rational money thinker in the groups would be very cognizant about what they purchase, but would lend a 4 digit sum to a stranger and not get her money back.

Daniel Tay of Freegan fame also made an appearance at the 34 min mark when the discussion tilts towards the guests attitude towards …