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Charlie Munger om Singapore og hvorfor han mener Lee Kuan Yew er historiens største nasjonsbygger (han hadde en byste av LKY i hjemmet sitt):
«Han hadde den beste rekorden som nasjonsbygger hvis du var villig til å telle små nasjoner i den gruppen ... Han tok over en malariasump uten hær, ingen ingenting. Og ganske snart gjorde han det til dette strålende velstående stedet, og metoden hans for å gjøre det var så enkel.
Mantraet han sa om og om igjen var veldig enkelt: Han sa: 'Finn ut hva som fungerer og gjør det.'
Nå høres det åpenbart ut. Som om hvem som helst ville vite at det ga mening, men du vet at de fleste ikke gjør det. De jobber ikke så hardt med å finne ut hva som fungerer og hva som ikke fungerer. Det gjorde han for alltid.
Han var en veldig smart mann og han hadde mange gode ideer. Han tok absolutt over en malariasump og gjorde den til det moderne Singapore og i sin egen levetid. […]
Det var knapt noe han rørte ved han ikke forbedret. Bare gang på gang ville han gjøre noe [som å sette opp helsetjenester eller pensjonssparesystemer] som anerkjente virkeligheten og fungerte mye bedre enn andre mennesker gjorde.
Det er svært få mennesker som Lee Kuan Yew som noen gang har levd.
Så selvfølgelig beundrer jeg ham. Jeg har en byste av Lee Kuan Yew i huset mitt. Så mye beundrer jeg ham.»
Dette utdraget var fra årsmøtet i Daily Journal 2021:
Jeg var i Singapore forrige måned og så endelig Jewel på Changi. En arv fra LKYs veldig veldig praktiske beslutning om å gjøre en stor investering i flyplasser og motorvei derfra til sentrum:
9. aug. 2025
Singapore’s Changi Airport is often cited as the world’s best airport.
Lee Kuan Yew laid the groundwork for it when trying to woo semiconductor and tech firms in the late-1960s (Texas Instruments, HP, GE):
▫️ “Visiting CEOs used to call on me before they made their investment decisions. I thought the best way to convince them was to ensure that the roads from the airport to their hotel and to my office were neat and spruce, lined with shrubs and trees.
When they drove into the Istana domain, they would see right in the heart of the city a green oasis, 90 acres of immaculate rolling lawns and woodland, and nestling between them a nine-hole golf course.
Without a word being said, they would know that Singaporeans were competent, disciplined, and reliable, a people who would learn the skills they required soon enough.” ▫️
In 1975, the government decided to build a new airport away from the city centre. This location could handle more traffic, create less noise pollution for the residents and showcase more nature of The Garden City.
Six years later, Changi Airport opened and became Asia’s largest airport.
“[Changi Airport] and the pleasant 20-minute drive into the city made an excellent introduction to Singapore,” Lee wrote in his book From Third World To First. “The best S$1.5B investment we ever made.”
To give a sense of scale of the investment, Singapore’s GDP was S$30B in 1981 (so, 5% of GDP).
Fast forward to 2019 and Changi Airport added the ~USD$2B Jewel entertainment, retail and greenhouse complex (3,000 trees, 60,000 shrubs). Designed by Moshe Safdie — who also did the Marina Bay Sands — the 10-story structure (1,461,000 sqft) connects to all 4 terminals and has the world’s tallest indoor waterfall.
A site worth visiting whether or not you're flying (especially if your kid wants Pokémon cards from the Pokémon store like I was recently strong-armed into getting).
In 2030, Changi will open Terminal 5. The USD$10B expansion project is larger than all the other terminals combined and will double the airport’s capacity (from 50m to 100m visitors a year). Wild.
***
More on the Jewel engineering via B1M:
“From Third World To First”:
YouTube algo avdekket denne solide 12 millioner Munger-samlingen (atskilt fra Daily Journal-klippet fra 2021):
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