Kintsugi Investing Profile picture
Sep 2, 2022 17 tweets 5 min read Read on X
“This is a hijack! Don’t land in Singapore or we will blow the plane up!”

- Terrorist Shahid Hussain Soomro

Lessons on leadership: From the hijacking of Singapore Airline SQ 117

Here's the story...
1. Hijack begins

On March 26, 1991:

Singapore Airlines flight SQ 117 was hijacked by Pakistani terrorists soon after leaving Kuala Lumpur airport.

The plane landed in Singapore’s Changi Airport shortly after at 10.24pm.

With:

* 114 passengers
* 11 crew members on board.
2. Reason for hijack

They were held hostage by 4 men.

Lead by leader Shahid Hussain.

The terrorists doused the plane with alcohol and threatened to blow it up

Their demand?

To speak to former Pakistani PM Benazir Bhutto.

To release of a number of people jailed in Pakistan
3. Big shoes to fill

Singapore just had a new Prime Minister for 4 months.

His name is Goh Chok Tong.

He was just succeeding previous prime minister, Lee Kuan Yew.

The whole of Singapore was watching...
4. Sleep like a baby

“I was astounded. Hijacking of an airline was unheard of in Singapore”

Mr Goh recalls.

After getting off a call with the Permanent Secretary to get an update, Mr Goh did the “unthinkable”.

He went back home

And slept for full 7 hours without interruption
5. The secret weapon

He decided to leave the handling of the matter to his Executive Group, consisting:

* Former chief of defence force Ng Jui Ping

* Home Affairs Minister S. Jayakumar.

Turns out, Singapore had a Special Operations Force (SOF) set up years prior...
6. This elite fighting force was set up in 1985:

With the specific task of dealing with terrorism.

Up till that point, no one, except for a select few among the top echelons of government and military, knew of the existence of this secret group.

It was classified.
7. Stalling for time

Throughout the night from when the plane landed in Singapore, and stretching till the wee hours of the morning...

The group continued to use delay tactics by negotiating to and fro with the 4 Pakistani terrorists.

Meanwhile, during those few hours...
8. Preparing to storm the plane

The Special Operations Force (SOF) was rehearsing a storming operation in a similar Airbus plane model.

To prepare for the mission happening soon.

At about 6.45am, when the terrorists started to get impatient and irrational...
9. Shit getting real

They threatened to kill the co-pilot if they were not allowed to depart in the next 5 minutes.

It was time to stop stalling and go for the jugular.

Time was ticking...

The Sun was about to rise in a matter of minutes and would jeopardize their mission.
10. The rescue mission

At 6.50am, using the cover of darkness to approach the plane undetected...

The SOF blasted the plane doors open with detonators and tossed stun grenades into the plane.

In 30 seconds, all four hijackers were shot dead
11. Zero casualties

Every single one of the passengers and crew were unharmed.

The SOF's seven years of training paid off with precision

The cheers in the control room of the Executive Group, said Chief of Defence Ng, was like “a spontaneous roar in a football stadium.”
12. The update

A call was immediately made to Prime Minister Goh Chok Tong.

Informing him that the crisis had been resolved.

All passengers were safe and all terrorists were eliminated.

No one knew that he had had a restful 7 hours of sleep.

[END]
Short transcript of an interview with Mr Goh Chok Tong recounting the SQ117 crisis.

His answers shed light on several lessons on leadership.

1. It's important to know when to intervene and when to let your team handle it.

There is wisdom in knowing when to step back
2. There is a time to probe and ask questions, and there is a time not to.

Staying calm and logical is crucial in crisis times.
3. You don't always need to show the world your capability or authority

The key is to get the job done as a leader.
Credit to: Peh Shing Huei

Book: Standing Tall “The Goh Chok Tong Years” Volume 2

Friend of mine gifted me this book.

Not my usual kind of read.

I’m only 3 chapters in so far and surprisingly, I’m enjoying it.

Any errors made above are my own.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kintsugi Investing

Kintsugi Investing Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @kintsugiinvest

May 19
Everyone’s focused on OpenAI, Meta, and Nvidia.

Meanwhile, Google is playing a different game...

And WINNING.

Here’s what Sundar Pichai just revealed that the bears get wrong:🧵 Image
1) The bear case is loud:

→ Search is being disrupted
→ Gemini is behind
→ Google is late to AI

But here’s the truth:

Google’s not reacting.

They’ve been building for this moment for over a decade.
2) They went AI-first in 2015.

They built:

→ Google Brain (2012)
→ Acquired DeepMind (2014)
→ Custom TPUs (2017)
→ Now: Gemini integrated across Search, YouTube,

Workspace & Android

Not hype...infrastructure.
Read 11 tweets
May 6
The greatest investor of all time just hosted his final Berkshire Hathaway meeting.

A marathon of timeless wisdom, insights distilled from 70+ years of compounding.

Let me save you 6 hours (5-min read): 🧵 Image
1. The King has left the stage.

Buffett confirmed what many long suspected:

This was his last annual meeting.

After 60 years, he’s officially handing over the reins of Berkshire Hathaway to Greg Abel.

A moment of history.
2. “The culture is in the bones.”

Buffett made it clear: Berkshire’s success is not about any one man.

It’s the people. The culture. The discipline.

And that won’t die with him.

Abel has been shadowing Buffett for years, he’s ready.
Read 23 tweets
May 4
Warren Buffett just handed over the CEO reins.

At 94, he steps aside for Greg Abel, and left a treasure trove of wisdom in his final shareholder letter.

Here are my 11 biggest takeaways in under 5 mins:🧵 Image
1. “Mistake” isn’t a dirty word.

Buffett used “mistake” or “error” 16 times in the past 5 years.

He calls out boards that never admit fault, calling that silence a red flag.

His ethos: be brutally honest with shareholders or you’ll start believing your own lies.
2. Greg Abel gets the keys.

Buffett confirmed the obvious: Greg Abel will succeed him as CEO.

But what’s more telling is

He says Greg “understands that if you start fooling your shareholders, you’ll soon fool yourself.”

This isn’t just succession. It’s a transfer of culture.
Read 15 tweets
Apr 18
Everyone says “buy the dip.”

Until the market crashes 30%.

Then most freeze, panic, or quit.

Here’s the truth about buying the dip (and why almost no one actually does it):🧵
Buying a 5% dip?
That’s easy.
Feels like a bargain.

Buying a 30% dip?
That’s terrifying.

It feels like the world is ending—and your portfolio with it.
The deeper the dip, the louder the fear.

Your feed will be filled with “this time is different.”

And you know what?

They’re right.

Every crash is different.

But the fear is always the same.
Read 11 tweets
Apr 11
Nobody knew Lehman would collapse.

Nobody knew Covid would shut down the world.

Nobody knows what Trump’s tariffs will do now.

But when uncertainty reigns, great investors don’t freeze — they act.

Howard Marks’ latest memo breaks down exactly how: 🧵 Image
1. The best time to invest is when chaos reigns and others are frozen.

In 2008, most investors panicked.

Marks put $10B to work in deeply discounted distressed debt — while everyone else waited for “clarity.”
2. Honest ignorance beats false confidence.

In 2008, Marks wrote Nobody Knows just four days after Lehman’s collapse.

He made it clear: he didn’t know what would happen next — but he had to act on logic, not fear.
Read 22 tweets
Apr 9
Warren Buffett once said:

“You’ve got to be prepared for your stocks to drop 50%—and be comfortable with it.”

Investors quote it.
But few TRULY live by it.

Here are his 13 principles to navigate brutal markets: 🧵 Image
1. Volatility is not risk

Buffett defines risk differently than Wall Street.

“Risk comes from not knowing what you’re doing.”

A falling stock price doesn’t make a business worse. It just makes it cheaper—if you understand it.
2. When the market is choppy, read—don’t react

Buffett reads more when things feel uncertain.

It slows the mind, sharpens thinking, and keeps you rational.

“The more you learn, the more you earn.”

Reading prepares you to spot opportunity, not fear it.
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(