Data has shown that most investors (professional or not) do not beat the market and it also means that the simple act of buying an index ETF would do better than majority of the investors. Why then, do we still have many individuals picking their own stocks? Here’s my attempt to answer this question. (This … Read more
I publish short opinion pieces like these in our closed Facebook Group first, join us here. As of 12 Apr 22, it was announced that Munger has halved his stake in Alibaba. Munger almost doubled Daily Corp’s investment in Alibaba based on the latest disclosure. Alibaba is now 28% of Daily Corp’s portfolio value. That’s … Read more
Among the big tech MAMAA stocks, Facebook draws the most flak from people. Government loves to sue it, people love to criticise it and competitors love to attack it. Now… Facebook is voted as the worst company in Yahoo! Finance survey. Despite this, Facebook is the most populous place on Earth with 2.89 billion active … Read more
China is a central planning economy. The government takes a top down approach to decide which industries to be developed. The U.S. is more ground up where entrepreneurs figure out the opportunities and eventually drive the direction of the economy. In other words, investors should follow the entrepreneurs’ vision in the U.S. but watch for … Read more
Tan Ming-Liang and Lim Kailing are offering HK$2.82 per share in a bid to delist Razer. Razer was listed in 2017 at an IPO price of HK$3.88. Their offer price will not go well with some shareholders who have bought at higher prices. The insiders shouldn’t be blamed since the market determines the share prices. … Read more