Aswath Damodaran

Today's number, $792,000.

That's how much Singapore is paying its athletes who win gold at this year's Olympics.

Ed, why does Africa never win at the Olympics?

Because it's a continent, dumbass.

So racist.

So insensitive.

You and your millennial white privilege.

What, did you go to Princeton?

Ugh.

I think they're getting the better end of the bargain because if someone from Singapore wins the Olympics... Did you know Singapore has mandatory national service similar to Israel?

And Singapore is the most religiously diverse nation in the world.

And...

They very deftly decided that we are going to be so prone to ethnic violence with all this religious heterogeneity that we need to get people more focused on the flag.

And so they decided to do national service.

That's actually not true.

It's an offense, but I will tell you this, though.

I was in Singapore about a month ago, and you have never seen a guy my age go through his luggage more carefully to make sure that that joint from two years ago wasn't floating around in a pocket somewhere.

Detritus?

I thought that was some sort of gum disease.

I think I saw my periodontist for that.