Of The AI Bubble And US Stock Market
The US stock market seem resilient, and the AI hype is so strong it might as well be an AI bubble. Background The S&P 500, and by extension the US stock market, seems to be never dying, rising up and…
Pencil Leads
Thailand Properties
Few years back, there was a craze in buying Thailand properties. From properties in Bangkok to Chiang Mai to Phuket, many Asian investors invested in those properties. Property agents were all out trying to sell as many as they could,…
Art of War
夫將兵者，不戰則守，不守則走，不走則逃，不逃則死。- 司馬懿 In military, if you do not attack, defend; if you do not defend, retreat; if you do not retreat, flee; if you do not flee, die – Sima Yi The Chinese has a saying: The business world is…
My Stock Picking Journey
A reader asked how do I go about in choosing stocks that are cheap, safe and of value? The short answer is that I find windows of opportunities that comes along with the big trend. The process is actually drawn…
Recalibrating My Blog
This current blog on financial freedom started in 21 August 2021. Throughout this period I have talked about different things related to financial freedom, but generally it can be summarised as such: Understanding the societal and financial rules, effectively making…
Away On A Work Trip
Announcement: I will be away on a work trip for 2 to 3 months. The blog will not be updated in the meantime. I will see everyone again 2 to 3 months later.
Choosing A Stock
In the Western society, there is an analogy that choosing a stock is like choosing a wife. In fact, in their 1997 annual meeting, Warren Buffett and Charlie Munger were talking about opportunity costs when choosing a particular investment, and…
China Yangtze Power 26.6 Billion Yuan “Donation”
Few days back China Yangtze Power announced that they will be investing 26.6 billion yuan over a period of approximately 7.5 years into ‘ship locks’, with no indication of any investment returns. To put it plainly, state-owned Yangtze Power will…
Tecon Biology Co Ltd (002100)
Food, without which we all die. Companies like Tecon Biology which deals in the food supply business are therefore dealing with an inelastic demand. Do take note that the food supply business is not like the F&B sector. Even if…
Merrill Lynch’s Investment Clock
Economic cycles are part and parcel of any capitalist economies, and this is important as we invest. We have periods of strong growth, of reaching a pleateau, of periods of decline and periods of recovery. Economies have their cycle, and…