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Smart Thought Of The Week: Many Hands
By The Smart Investor  •  August 2, 2020
Two friends are flying home to Singapore. Shortly after taking off they hear a big bang and the pilot announces that one of the four engines has failed and that the flight will take 20 minutes longer to arrive. Not long afterwards, there is another loud noise, and the pilot announces that a second engine has gone, and the flight time will now be 40 minutes longer than expected. Half an hour later the pilot speaks to the passenger again after another explosion to say that the third engine has packed in, and they will arrive an hour late. At this time, one of the friends turns to the other and remarks “I hope the fourth engine keeps going or we’ll be up here all night.” The global economy is like a four-engine plane. When they are firing on all cylinders, we can expect strong growth around the world. Everyone benefits....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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