A few stages one must go through to call himself a semi-professional investor. 1. Make big money recklessly 2. Lose big money recklessly 3. Make small money safely – I think I am about here? 4. Make big money safely – Next year I will be here. 5. Keep making big money safely I started … More

Coming close to the end of the year and underperforming the HSI recently makes me feel extremely pressured. My returns have taken a dive because my core holdings have been underperforming, while the small holdings cannot compensate for the slow downdrift of my core positions. What is the point of active investment management when you … More

How do you know whatever you are buying into is really cheap

They say that when you find a cheap stock, the odds that you are wrong about it is 90%. The scariest form of being cheap is that when your preliminary analysis of the company shows that everything looks fine and rosy. This should be treated with massive amounts of skepticism as I doubt the undervaluation … More How do you know whatever you are buying into is really cheap