Many tend to “read” about companies’ earnings on (a) how well they “beat” the analysts’ expectations and “raise” their guidance and (b) the share price action after their earnings to conclude how well the companies fare. Are they a good way to ascertain the quality of the earnings?More
4 ways of letting go
A sharing of a great dharma talk by Ajahn Brahm on the four ways of letting go. It is the most popular talk on the Buddhist Society of Western Australia’s Youtube channel. There will be someone who hurt us, cheats on us or said terrible things. if we do not let it go. keep thinking…More
📚 The Dhandho Investor by Mohnish Pabrai 📖
A great read for investors and business executives. His explanation on risk, returns and uncertainty focusing on low risk, high returns (aka margin of safety) and low risk, high uncertainty is refreshing and can be contrary to conventional wisdom. More
📚The Education of a Value Investor by Guy Spier 📚
It is a good read on Guy Spier’s journey and learnings to become a value investor. To be a serious investor is akin to a professional sports person where the environment, habits and investment procedures must be worked on beyond just technical knowledge and around his irrationality. He went on to embrace the values and characters of great investors such as Warren Buffett, Charlies Munger and Mohnish Pabrai to be better investors and better people we can be. The book is not a value investment how-to.More
Unused and under-used items worth selling and buying 💻⌚📱📚
Consumer-to-consumer (C2C) marketplace is a good place to find good bargains and to sell our unused and under-used. More
The great investing myth (6): Being right 👉
Many are always looking for the “right” answers: Is this the right time to buy? What to buy? Is this the right time to sell? What to sell?
Every investor and trader believes they are right. More
A bright future: Own the game ⚽🏀
Life can be difficult. Do we want to moan about them or solve them? Do we blame our lives for being unfair, whine and resigned to fate? We cannot solve life’s problems except by solving them. Hope is not a strategy. We have to take responsibility to solve the problem.
Own the game.More
💡 A paradoxical principle for parents: Don’t make your kid’s life easy 💡
“儿孙能如我，何必留多财，倘若不如我，多财亦是空，不为自己求利益，但愿大众共安宁”。 If the children and grandchildren can be like me, then they require not of material inheritance;If the children and grandchildren are not like myself, then of what use is my wealth to them?Do not seek personal interests but peace for all Robert Kuok’s mother, Tang Kak Ji wrote these words herself and then got…More
🚀Challenging Nike and Adidas in China: ANTA, Li Ning🏃🏀 (June 2022)
I take a longer-term perspective by looking at their years of financial performance and accompanying financial metrics. There is a lot of information publicly available about these companies, detailed quarter-to-quarter analysis and strategies discussion that I do not want to replicate. Nothing in this article is intended to be financial advice and should not be…More
🚀A potential compounder: Tesla 🚗 (June 2022)
I take a longer-term perspective by looking at their years of financial performance and accompanying financial metrics compared to their competitors. There is a lot of information publicly available about Tesla, detailed quarter-to-quarter analysis and strategies discussion that I do not want to replicate. Nothing in this article is intended to be financial advice and…More