It is with sadness that Dr Michael Leong had lost his battle against cancer and passed away on 12 Feb 2016.
I am one of the beneficiaries.
Here's our mistakes. Don't do the same.
We asked 14 Singapore finance bloggers to share what they would do if they could go back in time and invest their first $20,000. They can no longer rewind time, but you can learn from their experience and hopefully start with a better footing.
His ideas shifted my perception on fundamental analysis – focus on valuing a company based on her assets rather than her earnings. This was counter to what finance professionals preached but the approach had made Dr Michael a successful investor.
He was one of the earlier influence for my investment approach. I attribute part of the CNAV strategy to him.
We had a few correspondences in the past. The last one was about his change in his investment approach due to a larger capital.
We have lost a great investor in Singapore.
Dr Michael Leong may have departed but his work and ideas continue to live on.
To his family, I extend my condolences. I thank you for the support you have given him to create an impact to our community. He will always be part of our memories.