He has accepted it, but it continues to linger at the back of his mind.
Even as he makes the more-than-24-hour trip back to Singapore from Buenos Aires, there will be moments on the long flight home that Ng Ser Miang will wonder: Where did those votes go?
Insiders say that his camp had been confident of getting about 20 votes in the International Olympic Committee presidential race, give or take a few.
But Ng, tipped by many to push newly-elected president Thomas Bach to the wire, managed just six in each of the two rounds of voting. Bach had 43 and 49 in the respective rounds.
Ng said that even with the benefit of hindsight, he would not have run his campaign any differently.
"I thought deeply about the process the last few weeks and am happy with the campaign I ran," he said.
"As with any election, the dynamics can change very quickly."
Several theories have been offered for the unexpected loss of votes.