An excerpt from a week’s journal: Weekend 4 – 5 August 2018: Observations & Thoughts What a crazy week of a series of risk-off days. It’s time to reassess the macro liquidity landscape: US high yield bond credit spreads remain under control and are still relatively tight: The Chicago Fed’s ANFC Index is still at … More Weekly Observations
John Burbank III, founder of Passport Capital, is a well-known macro investor based out of San Francisco. He grew Passport from around $800,000 to an investment firm managing north of $3 billion at its height. He was also one of the few money managers who anticipated the subprime mortgage crisis in 2005 and actually … More Macro Investing Masterclass (John Burbank converses with Kyle Bass)
The investment landscape is changing for the first time in 8 years. According to the IMF‘s data, America’s economy is operating at if not above capacity (output gap closing), with a relatively tight labour market and leveraging by both corporations and households. A pickup in investment began early last year, as growth accelerated and companies … More 3 areas to steer clear of & 1 chart to monitor
At ChatWithTraders.com, there’s a whole lot of wonderful interviews of successful traders/investors done via podcasts. It is an invaluable source of insights and a great asset to many of us actively involved in the markets! While I’ve earlier reviewed the podcast with Dario Mofardin, this episode with Kevin Muir is another one helpful to anyone learning … More Trading Lessons From The Macro Tourist (Kevin Muir)
Swiss investor Felix Zulauf is a pioneer among global finance. He joint the industry before Wall Street became ‘Wall Street’. He anticipated the great equity bull market in the early 1980s, made a killing for his clients during the infamous 1987 market crash, and foresaw the Asian Financial Crisis back in the 1990s. How brilliant … More A Great Podcast not to be missed
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