I am not a political analyst. This is just an ordinary person’s observations and penning of my understanding of democratic systems. The paradox of democracy: 1 man, 1 vote Democracy is simple: Every eligible citizen votes for the candidate they want to run the country or a specified area. The simplicity lies in its complexities…More
📚 The Pathless Path: Imagining a New Story For Work and Life
This book does not argue for or against any singular way of living, but it contests the idea that the default path is the only way. The default path The default path highlights a path of social and cultural norms and expectations of success that people (by default) live to instead of taking steps to…More
The great investing myth (10): “Time in the market” versus “timing the market” ⏰
Everyone likes to discuss and compare “time in the market” versus “timing the market” and many would say that time in the market beats timing the market. Time in the market beats timing the market – almost always. Ken Fisher Warren Buffett believes trying to time the market wastes time and is hazardous to investment success.…More
📚 100 Baggers: Stocks That Return 100-to-1 and How To Find Them by Christopher Mayer
The essential principles of finding 100 baggers We need a business with a high return on capital with the ability to reinvest and earn that high return on capital for years and years. #1 You have to look for them. They are not obvious. Most investors may not have heard of them. They can be…More
⚖️ Balancing exploration and exploitation for profitable investments
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
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
Story of our 17 years old daughter so far: 6 lessons we learn from her 👧
This post was written on Medium in July 2020 before I decided to bring the post over. Get started and keep pivoting It all started when I asked her to work during the year-end school holidays when my daughter was 14 years old in 2017 and showed her Taobao (Alibaba online shopping marketplace in China)…More