Wong Bat: How Do I Put Economic Theory Into Practice?
Wong Bat uses the example of CK Hutchison group's global businesses to explain that companies can clearly see where there are asset bubbles and where investments offer a favourable risk-reward ratio, so they can sell at highs and buy at lows. He quotes a friend working in the CK Hutchison group as saying this differs from the perspective of companies with only local operations, and says putting economics into practice may perhaps mean "governing a big country is like cooking a small fish".