@JohnDough
IF YOU ARE THE FUND MANAGER OF ICAP, will you please stop flaunting yourself in public forums? It’s sickening to see your self-promotion posting. It’s against Chinese teaching – “stay humble”.

If finance journals or fund managers praise you, it carries weight. But if you must do it on your own, it’s as if you’re trying to get public attention, and the reasons behind your donation become questionable.

I don’t see you focused on developing & sharing knowledge for a more innovative, sustainable & prosperous economy. Instead, you focus on scaring the West for everything, praise China, spread your personal ideology and attack those who question you like a cult leader.

Your company can get all the licenses in the world. But at the end of the day, you’ll only be judged based on fund performance. I sincerely hope your fund result eventually surpasses the western legends or Coldeye Fong, whose personal wealth is even greater than the NAV of your fund. Then I can put my money in your fund.

Few years ago I attended their roadshow, the manager claimed there’s nothing to worry about China real estate, and the public just don’t understand China enough. Look at what happen to China real estate sector now.

At the same time, the fund manager has been predicting a recession or crash of the US market all this while.

If you listen to him and bet heavily on China/HK market instead of US. You probably end up on street.

If Tan Teng Boo is irreplaceable, it means there's a failure in succession plan, a RISK for investors.

Unfair to compare icap to Berkshire Hathaway. Berkshire has no geographical constraint but ICAP is limited to only Malaysia stock market.
Also it makes no sense to pay ICAP fee if all the money are invested in Berkshire for long term.
You could set up a family / trust fund to invest to address the USD60k concern.

Capital Dynamics runs a global fund, which performance is disastrous even compare to MSCI https://funds.icapital.biz/icgf/performance/index.html

ICAP investors are considered very lucky compare to investors of Capital Dynamic other funds.

"It is better to stay humble than to be humbled."