Saying that Temasek has annual returns of 14% and that the EV of burning money is zero are logically inconsistent. The EV of burning $275million is actually abo

Saying that Temasek has annual returns of 14% and that the EV of burning money is zero are logically inconsistent. The EV of burning $275million is actually about negative $1 billion over 10 years, offset by tax savings.