2006 guest lecture in Bruce Greenwald’s class Here is the link to the video and the transcript. It was a good learning session, as Li Lu explained his investing approach using 2 investments (Timberland and Hyundai Department Store) he had made that turned multi-baggers. So, it is not the usual session preaching investing theories. Instead…More
7 Lessons from 2024: From Imposter Syndrome to Investing Wins
This year has been pivotal in many ways. Starting my YouTube channel has not only transformed how I view investing but also how I approach personal growth. By tracking and sharing the returns of every stock featured, I’ve shown that profitable investing is both achievable and rewarding. Surprisingly, my biggest wins came from markets many…More
The Model: 37 Years Investing in Asian Equities by Richard H. Lawrence
The goal of the book is to answer two simple questions: The Overlook Model Overlook Investment Philosophy The most successful fund management companies, in their experience, operate with quiet modesty. They worked hard for their success, fought to overcome many challenges, learned from mistakes, and gave credit to others who helped along the way. Overlook…More
📚 The Art of Learning by Josh Waitzkin
The Art of Learning by Josh Waitzkin is a captivating exploration of the principles and strategies that underlie high performance and mastery. Based on his own experiences as a world-class chess player and martial artist, Waitzkin offers a unique perspective on the process of learning and growth. He argues that mastery is not solely about…More
Redefining Success: Beyond Talent, Toward Growth
For the longest time, I marvelled at people who seemed naturally smart and successful. I am always not good enough, but having a first-hand observation of my son’s journey changed that belief. He was streamed to the bottom 12% of his cohort during his PSLE examinations. Yet, something remarkable happened. Slowly, he changed. He honed…More
The great investing myth (12): Moat as the investing thesis
This post aims to examine the “moat” as an investing thesis, exploring its strengths, limitations, and the potential biases it can introduce. We will delve into the challenges of evaluating moats, and the limitations of moat-based investing and propose a more holistic approach to investment analysis beyond this popular concept. Warren Buffett, one of the…More
When Things Don’t Go Your Way: Zen Wisdom for Difficult Times by Haemin Sumin
Although we desire only positive experiences in life, it is inevitable that we will also encounter difficult times. These challenges, however, are not without purpose. They can serve as valuable opportunities for self-discovery that can lead to emotional maturity and spiritual growth. The extent of maturity and growth often corresponds to the severity of the…More
Same as Ever by Morgan Housel
Morgan Housel is as good as ever. A summary with my notes taken as there are many great nuggets. Summary Same As Ever argues that by understanding timeless human behavior and focusing on long-term thinking, we can make better decisions about our lives and our investments. Different but same; we are humans after all History…More
3Cs of Investing: Contrarian, Consensus and Cult
As investors, we can broadly categorize ourselves into three main types: Contrarians, Consensus investors, and Cult investors. What matters more is (a) whether we do our due diligence and (b) making money consistently. Contrarian To the non-contrarians, the contrarians are often viewed as risk-takers and at times, hated and weird. Their ideas and picks are…More
The great investing myth (11): Generalisations to make money
Many generalise when they invest. Examples: How true and accurate are they?Such statements may seem insightful and simplify a complex world, but they can mislead us. Generalisations can be dangerous. They create biases with inaccurate and misleading investing theses that can be harmful (losses and missed opportunities): Generalizations can help quick judgments but do be…More