What a crazy world!!

A crazy world! That's the sort of world we live in. It's a combination of mindless imitation, irrationality and the lack of knowledge that turns masses of people into idiots. Frequently, someone will laugh all the way to his bank, gloating at how the madness of the crowds made him rich. The following are some examples of the inexplicable behaviour exhibited by hordes of people:

1) Ownership of cars in Singapore: Instead of spending $80,000 on a car, why not invest that money? A return even a misery 5% PA would give you $333.33 a month, enough to cover you daily public transport fares. Is the cost of a perceived lowered social standing that great without a car? Perhaps we are all filthy rich in Singapore.

2) Vitamins: Having a balanced diet absolutely eliminates the need for vitamin supplements. The drug companies are good at marketing indeed

3) Free range eggs: Welfare groups turning crazy, successfully lobbied for the banning of caged eggs in Europe on flimsy grounds of welfare concern. Free range chickens actually suffer a higher mortality rate than their caged counterparts. Free range eggs also mean that prices of eggs will double due to inefficiency in production. Talk about shooting yourself in the foot.

4) Colostrum as a protein supplement for body building: Colostrum, also known as cow's first milk, tastes yucky and is deemed unfit for human consumption. As a result, colostrum is typically considered as a waste product. However some marketing genius managed to turn this waste product into an expensive protein supplement.

5) Fund managers: Very few funds manage to outperform the market in the long run, ie. 30 years time span. You are better off throwing darts to choose your own diversified portfolio of stocks to invest in and you don't even have to pay management fees.

6) Luxury goods, jewellery, and collectibles: Pure snob value and totally devoid of economical value.

7) Religion, seers, alternative medicine: Believers just want to believe. Tell them that it cannot be scientifically proven, they will come up with some hogwash concepts outside the realms of science and explain it with their alternative logic. I wonder if they do not believe in science, why are they using the products of science in their everyday life.

8) Slimming centres: The only way 2 ways to lose weight is to consume more calories than you eat or to undergo liposuction. Either exercise, eat less or pay your plastic surgeon, not the slimming centres.

9) Singapore's first world status: The homeless are labelled as "sleepers". Many do not have enough to retire at age 62. Call me biased but I'm one who believes that if a citizen is willing to work as a cleaner or construction worker, the wage earned must be sufficient to afford basic necessities.