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
๐ 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 ๐
The market is a noisy place. Yes, the market is sentiment-driven. We can be caught on with our emotions, lose our objectivity and follow the herds (i.e. we are part of the herd). We may not have an edge or we may be late that the upside can be limited. The bulls are too obvious.…More
๐ 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, moreโbuy 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 ๐ง
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
Like father, like son; like son, father ๐ง๐จ
One of the most remarkable turnarounds I have witnessed. We are learning from our kids. Learning can be multidirectional within the family; we learn from each other in the family. The unfortunate “like father, like son” As parents, we like our kids to be the better version of us. Alas, like me, my son ended…More
Singapore: The sheltered nation
Singapore is so sheltered that it obsoletes the umbrellas. It is a metaphor for the extent that we are taken care of. I am less concerned about what the government should do. I am worried that people are unhappy over what they and others lack and wanting more with no viable solutions.More
๐ Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas
To achieve consistent results in trading is beyond market and technical analysis. The book delves deep in the mindset and attitude aspects of trading. Very worth reading for traders and even for investors too. More
๐ The evolution and relevance of Bitcoin and cryptos โฟ
Cryptos attract strong opposing views. Some hate it, some love it. Do Bitcoin and cryptos have any good uses? Are they relevant?More
๐ The Art of Execution: How the world’s best investors get it wrong and still make millionsย by Lee Freeman-Shor
A good book worth reading. A study of 1.866 investments representing 30,874 trades made by 45 of the worldโs top investors over 7 years. The top investors can be wrong most of the time and still make alot of money. It is about how much money you allocate to each investing idea and what you will do with your losing and winning positions.More