Feeling a sense of peace and calm in my life currently, I felt it was time for another article. The hustle of life does get to one sometimes . The chaos, the noise, the incessant flow of the river of life and meaningless, unnecessary unproductive going on's drain my limited life force. Until I find my centre again. And this is my centre. This is it right here. I am living the life I want. Oh! The annual reports. The daily chatter in my mind of earnings, assets, balance sheets and dividends. I start to love my life again immediately. I was born to do this! I love counting and the deepest echoes of my soul tell me this : That I Am Aware Once Again. (more…)
The morning breeze, the aroma of breakfast and the hustle and bustle of the city surrounds me like a everchanging kaleidesocpe as I dreamily think of the next article that I can write to benefit investors. I flip open my app and I see something in surprise. Oriental Watch and Emperor Watch have both gone up in price. Years of investing and disecting this very subject has taught me that even if the price of a stock rises, it could still fall the very next month and put one in negative territory. (more…)
Kimly Limited IPO: One of the few things that confound me as an investor is why do retail investors demand participation in a hot IPO that seems overvalued? And the answer is simple. Everyone wants the opportunity of making a quick buck. And the problem is this : IPO's are usually fairly or overvalued. Didn't you know already? IPO stands for It Is Probably Overvalued. It probably isn't the first time you have heard this and it won't be the last. But the truth of the matter is retail investors will not pay heed to prudence in investing. Rather, they pay heed to greed. Enticing Story (more…)
[caption id="attachment_676" align="aligncenter" width="1280"] Emperor Watch & Jewellery stores line the streets of Hong Kong where tourists and locals abound.[/caption] Emperor Watch - In my previous musings on investing and life, one of the topics which I wrote about was the idea on valuation. While one can do fancy valuation on a company, it is an extremely subjective exercise at times that can be fraught with inaccuracies. The reason why Buffet does it so darned well in my opinion is because his mental models allow him to validate the value that he is putting on the company. If you are up to Buffet's level of genius, sure, by all means do and invest in what he does. But if you feel that you may be lacking in that department, it may be wise to take another approach. Which is to look at companies through the lens of statistical cut off points. The frequentist in me looks for value through those very filters. And then, the deep dive into the annual reports before puling the trigger. (more…)
Ignorance In Investing - It is funny how people never ever learn from their mistakes. This is something I see over and over and over again. While fools say that they learn from experience, the wise say that they'd rather learn from the experience of others. To that, I say Amen! I would rather learn vicariously through the eyes of another. As a value investor, my vulnerable persona and esteem takes a royal drubbing whenever I lose money. And I can tell you, losing money is not something that I can smile at. And I believe that this is the same for many investors out there. But unlike many investors out there, I believe that I am well aware of my limitations as an investor. Coupled with some real world experience, this gives me an edge over others. This is not meant to be a self inflating article but sincerely, I hope to impart some these lessons that I have learnt with as much candour as I can possibly muster.