Collection of Jong Sarat
I spent the whole day at Rizqun yesterday at the Mall in Gadong. No, I am not on leave. I was attending an executive forum on central banks’ reserve management. The speakers were from the World Bank Treasury. It was full of phrases like ‘strategic asset allocation’, ‘standard deviation of volatility’, ‘asset classes’ and ‘efficient frontiers’ – sounds interesting? Ya, if you are into it. Reminds me of finance classes when I did my MBA. At the end of the day, the message was that central banks should not maintain conservative investment policies but should add other asset classes as this will give a higher return at about the same risk level. Anyway, spend a whole day listening to this, one needs to take a walk to rest one’s brain and being at the Mall, there lots of things to see, if not do. I drop in at Solitude, the Islamic Book specialist cum internet café in Brunei. Solitude’s specialties are Arabic and Islamic books, not just the religious kind but also that of more world matters ...