Surprise! Surprise! Over the last two quarters, STI was the best performer compared to Hang Seng Index and even S&P500! It gained 28% over the last two quarters with 2/3 of that gain made in the Oct-Dec 2020 quarter. In comparison, Hang Seng gained 22% and S&P 500 18%. Wow, nice job STI! Like the saying going, a rising tide raises all ships – STI’s buoyancy has certainly lifted the value of my investment over that period too. As my regular readers would know, bulk of my investment remains in Singapore listed companies, though I have been increasing my investment in Hong Kong and US markets in the last 2-3 years. It always feel good to see that the market value of our investment increases over time. And what a change it was from last year. At the same time last year, the entire mood in the market was completely...