Investing/trading is about exploring and exploiting to learn and find the available good opportunities. Explore Explore can be viewed in two dimensions: Below is the matrix using the two dimensions mentioned above. Wide funnel Narrow funnel Tight filter Explore a broad range of investments with specific criteria for selecting them. Investors have a clear investment…More
Monthly Archives: April 2023
The great investing myth (9): Being a contrarian
Being a contrarian investor means investing against the prevailing market sentiment and conventional wisdom. Contrarian investors often look for opportunities to buy when everyone else is selling, and to sell when everyone else is buying. Some may connote contrarian investing as acting differently from the crowd. In general, many successful investors are contrarians such as…More
📚 Quit: The Power of Knowing When to Walk Away by Annie Duke
While grit is celebrated as a virtue, quitting is cast negatively as a vice. Quitting means failing, losing and not being determined; quitters are losers. Society emphasizes not giving up and perseverance. Quitters never win, and winners never quit. Keep trying. Quitting is not an option. Finish the marathon! See you at the top! Stories…More
Here’s why the best investing opportunities are not obvious 😊
When we look back at the multi-baggers where they began, they were not obvious. We felt (very) sceptical. They do not have a high chance to succeed. Often, they are closer to the brink of surviving. They are the outliers. And now that they are successful and multi-baggers, can they still multi-bag? Are we able…More
📖 The Subtle Art of Not Giving a F*ck by Mark Manson
The world is constantly telling you that the path to a better life is more, more, more—buy more, own more, make more, fuck more, and be more. This causes you to become overly attached to the superficial and fake, to dedicate to chasing a mirage of happiness and satisfaction. The key to a good life…More