https://m.youtube.com/watch?v=ZAuuDQqYc_I

https://m.youtube.com/watch?v=qfMYLULyWcc

Superconductor Breakthrough Findings Replicated, Twice, in Preliminary Testing

Humanity may be in the throes of another breakthrough that's every bit as impactful as the invention of the transistor and the advent (and eventual vindication) of quantum computing. LK-99, as it's been named, is a new compound that researchers believe will enable the fabrication of room-temperature, ambient-pressure superconductors. Initially published by a Korean team last Friday, frantic work is underway throughout the research world to validate the paper's claims. For now, two separate sources have already provided preliminary confirmations that this might actually be the real thing — Chinese researchers have even posted video proof. Strap in; this is a maglev-powered, superconducting ride.

Superconductors, a wild category of compounds that can conduct electricity without any losses, have been a metaphorical goose chase for years now, with multiple research teams claiming (and then retracting) papers and announcements of its achievement. The reason is simple: Few things come close to the potential of an actual superconductor discovery in terms of what it can do for humanity's current and future technology. Imagine if your 16-core mainstream CPU (which likely requires a competent watercooling solution to avoid incinerating itself) operated without power losses — no current leakage, no electricity waste in the form of heat. Superconductors mean almost perfectly efficient computing.


Scale that to the world's supercomputers, and you begin to get an idea of the performance impact when trillions of transistors based on superconducting materials work in tandem across GPU and CPU tiles to accelerate things like Artificial Intelligence (AI) workloads. Or scale it in the realm of consumer electronics, quantum computing (where superconductors are important for Josephson junctions), and magnets in general (maglev trains, tokamak fusion reactors, Magnetic Resonance Imaging (MRI), electric motors and generators...)

https://www.theonlinecitizen.com/2023/06...n-answers/

Tharman Shanmugaratnam to run for S'pore President - Mothership.SG - News from Singapore, Asia and around the world

hot news today!  Tharman for President Sept 2023!

Tan Cheng Bock = blocked again...

Hello all VBs!

Would like to wish all of you, 
1) Very important! Good health! and,
2) Good commonsense!

Thank you all for the greatx sharing and many discussions over the years!

My guesstimation for 2023 for Singapore's economy is remain steadfast and steady,

STI maintain 3000 - 3500 for the entire year 2023,

Top 3 stocks forecast,
1) ST Engineering (For their HUGE M&A entry in USA)
2) Comfort Delgro (For their recovery in international sectors)
3) Raffles' Medical (For their piece-meal revenue contribution from their china's exposure)

Big investment NO-s!! :O
1) No Cryptos
2) No Pte properties
3) No luxury watches



Stay safe, keep safe!

Would Resale HDB prices ever drop?

Would like to tap on the wisdom and experience of valuebuddies - would Resale HDB prices ever drop?

I am thinking:

• HDB resale prices have gapped up strongly since 2020.
  
• Interest rates are rising now. 
  
• If one buys a resale HDB now, would he be entering at the peak?
  

Hi Moderators

I do not have any social media except a rather passive Linked-In so I thought to borrow this forum as a notepad for my thoughts in life and investment journey as I approach half century old; to hopefully benefit someone in future. If this is not appropriate pls do let me know

Purpose is to share some ideas that have shaped my thinking and perspective which I hoped someone did the same for me 30 years ago. These are not investment advices and most are not original. Some ideas might seem dumb prima facie but takes time and experience to understand the nuances. I do not aim to be politically correct.

I will pen down as and when I am free or feel inspired

Considering that there is a high level of rationality and contemplation in this forum and I guess many forumers are in their 40s and 50s with much life experience, I would like to ask some big non-investment related questions that I have been seeking answers to for long.

Why does one want to work hard? Say a middle-PMET. He has to manage and achieve the goals set by mgmt. He has to compete for resources with other PMETs. He has to be accountable to those reporting to him - try to give them a good living and inspiring work. Imagine amongst other work, the daily never-ending routine processes and tactful/passive-aggressive emails that one has to write. Just to climb the corporate ladder? Really? Rising up the corporate ladder and $ and power has such a strong pull?

Why does a CEO who had already made a lot of money still want to move on to another CEO role in another company - knowing that there's surely a lot of pain and skeletons and politics in every company? 

Or is there something else? Could one grow to like being able to work and just being in a position to help out colleagues around you? Could one take on a just-be-grateful and pay-it-forward attitude in work and life?

Wishing you all a healthy, happy new year. Be safe.