everyone generally perceives temasek holdings as having making some failed strategic moves recently, what with the botched buyout of shin corp etc, and the pressure they are facing in indonesia to get out of either indosat or telkomsel. i'm sure everyone would like to see them fail the same way they would prefer nadal to win at wimbledon.

but this paper has it right. amidst all the talk that temasek would be forced to sell its stake at a loss, temasek has survived the fall of a prime minister, and right now the military leadership in thailand is unsure of the next step to take, and temasek still has their strategic stake in a growing sector. who's the real loser here?

and look at their track record. regardless of how they achieved it, if you're judging them by their bottomline, they're pretty decent.