The Japanese have a term to describe the effort of continuous improvement for the better: 改善 (pronounced ‘Kai-zen’) That’s what exactly what I need to do. Ever since I decided that I wanted to be a successful macro investor, I’ve embarked on my never-ending journey, climbed mountains and went through valleys, sought out the sages, … More 3rd Quarter 2017 Review: Time for Kaizen!
I recently attended a forum organised by the Singapore Exchange (SGX) and SmartKarma, where an interesting guest speaker was invited for a keynote address. Dr Jim Walker of Asianomics, a witty Scottish economist based in Hong Kong who speaks with a semi-thick Scot accent, delivered an insightful presentation regarding the future prospects of Southeast Asian … More Dr Jim Walker’s thoughts, & observations from Penang…
While I was serving my term of mandatory military service in the Singapore Armed Forces, I read a piece of classical Western literature that was breathtaking in its scope and entirety. ‘The Odyssey’ from the Greek poet Homer captivated my imagination of a world of brave warriors, spectacular battles, treacherous seas, and perilous journeys across … More Homer’s Odyssey: a Lesson for Investors!
In the first article of this series, we covered the philosophy and mindset of Soros’ Quantum Fund. We learnt about (i) Soros’ belief of Heisenberg’s Uncertainty Principle, (ii) his attitudes towards risks (that its omnipresent and has to be managed in relative and subjective degrees), and (iii) his ruthless obsession about the bottom line. In this … More Lessons from Soros’ Quantum Fund! Part II
The Ancient Silk Road was known to be the stuff of legends, inspiring many of our ancestors back in those days enthralled by adventure and mystery. The famous Venetian merchant Marco Polo recorded his journey across Asia through this ancient travel and trade route, which for centuries, have allowed merchants, traders, travellers, missionaries and diplomats … More Playing China’s ‘One Belt, One Road’!
Some time back I subscribed to a military history publication from the United States known as ‘Armchair General‘. Being a military history buff (geek), I recall that I would regularly engross myself with the print magazine sent to my house whenever I found the time to. Among the many issues I’ve read, the January 2011 … More Merrill’s Marauders – an inspiration for the retail investor!
The first half of 2017 is over, and my book remained almost unchanged from the end of 1Q 2017 to the end of June. I maintain my defensive stance, risking one-third of my usual sizing for any new positions and also gunning for lowly-correlated positions in terms of price structure as well as fundamental logic. … More 2nd Quarter 2017 Review & Strategy for 2H 2017