Lately, I was doing my evening run and the concept of wealth popped up in my head. What is wealth to me I thought? I have always focused on money in the absolute sense of wealth, but I realized that this concept is fundamentally flawed. […]
Diversification is not a magic elixir. These are the words mentioned by Howard Marks, co-chairman of Oaktree Capital Management, and one of those widely regarded in the investing community, in his latest podcast. The link to this 34 minutes podcast is given here, but I […]
The Ride of A Lifetime – Lessons Learned From 15 Years as CEO of the Walt Disney Company by Bob Iger is the fourth book that I’ve read this year and I must say, it is one of the best books I’ve ever read. It […]
I had my early venture into tech stocks during my undergrad days when I knew nothing much about it. In 2014, I bought Groupon (NASDAQ: GRPN) and flipped it for a USD 500 profit. Bear in mind that I knew nothing about the valuation and […]
Lately, I was reflecting on my investing mistakes and life in general, and realized that one of my biggest weakness is not having an exit plan. Having an exit plan is important both in investing and in a career as well. Also, these days through […]
Happy Chinese New Year everyone! Hope the pandemic is not dampening the festive season. I’m trying to make it a personal goal to read more books this year as I believe it can positively affect the way I think about things. Hopefully, it will help […]
The Singapore residential real estate market has been buoyant despite the pandemic which left a dent in most sectors of the economies last year. Despite the circuit breaker, real estate activity was still very healthy with developers selling 10,024 private housing units in 2020, surpassing […]
2020 was the first year I experienced a major market downturn. Stock prices slid rapidly, and I saw my paper gains quickly turned into paper losses. As much as I can be reminded of Warren Buffett’s quote of “Be greedy when others are fearful, and […]
Recently, I came across an interesting article called “Why Chinese youngsters are embracing a philosophy of “slacking-off“. Gone are the days in the past, where workers born between 1950s-1980s followed the old school mentality of working hard, working long hours, and enduring hardship so as […]
The book, What It Takes, Lessons in the Pursuit of Excellence by Stephen Schwarzman, was recommended by an ex-colleague and friend of mine. Naturally, being in the private equity industry, this book piqued my interest. I still remembered my ex-colleague telling me about this book […]
