Moneyball is somewhat similar to value investing where we buy assets with high earnings power or value for the least amount of money possible. I decided to start this series to look at some of the timeless lessons from Moneyball that are applicable to investing. I hope that you would have as much fun reading … Continue reading Moneyball Series Part 2 – Doubt
Category: value investing
Moneyball Series Part 1 – Get on Base
I watched "Moneyball" back in 2014 and was fascinated by it even though I'm not a baseball fan. The film, adapted from the book by Michael Lewis, is based on the true story of how the Oakland Athletics upended baseball by shunting tradition and putting their faith in the numbers. In doing so, the A's … Continue reading Moneyball Series Part 1 – Get on Base
3 Reasons Why You Should Read Annual Reports
A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost. He says he lost his keys and they both look under the streetlight together. After a few minutes, the policeman asks if he is sure he lost them here, and the drunk replied, "No Sir, I … Continue reading 3 Reasons Why You Should Read Annual Reports
The Decision – 3 SGX-listed stocks that could be affected by Jokowi’s move to Borneo
Just like Lebron James revealing his "Decision" to take his talents to South Beach to play with the Miami Heat, Jokowi's administration announced yesterday that they will be moving the country's capital from Jarkarta to Borneo island's East Kalimantan province. Lebron James makes his "Decision" live on ESPN in 2010. What will happen to Jakarta? … Continue reading The Decision – 3 SGX-listed stocks that could be affected by Jokowi’s move to Borneo
Investing Opportunities in Down Under – 3 Trends We’re Seeing in Australia
Australia, a country where it seems to be a better place to have a holiday than to invest in. Located so far away from the rest of the world that it becomes "out of sight, out of mind". Yet there is a lot of opportunity in Australia, their stock market is valued at $1.9 trillion … Continue reading Investing Opportunities in Down Under – 3 Trends We’re Seeing in Australia
Buy and Hold – Hardest Strategy Ever
You know those articles that promote buy and hold strategies and say "If you hold X stock since inception, you would have made an XXX% gain!". Well, whenever I read those articles, I will silently curse them as they made it sound so easy. To me, Buy and Hold one of the hardest strategy to … Continue reading Buy and Hold – Hardest Strategy Ever
The Importance of Assessing Management Quality
You would have read the news about incidents where regulators have to step in to investigate fishy business conducted by the managements. https://www.straitstimes.com/business/kimlys-top-executives-arrested-for-alleged-involvement-in-giving-false-or-misleading https://www.channelnewsasia.com/news/business/no-signboard-ceo-arrested-and-on-bail-amid-probe-into-share-11496908 https://www.businesstimes.com.sg/government-economy/allied-techs-missing-s33m-law-firm-says-partner-jeffrey-ong-may-have-ordered Now how are we able measure the quality of the people who manage the companies that we are putting our money in? Is there a way to spot the bad … Continue reading The Importance of Assessing Management Quality
Graham’s PE Formula of Intrinsic Value
One of the methods which I use to value to stock is the Benjamin Graham's formula from The Intelligent Investor. The original formula from Benjamin Graham's book, Security Analysis, is image from Wikipedia.com where V is the intrinsic value, EPS is the trailing 12 month EPS, 8.5 is the PE ratio of a stock with … Continue reading Graham’s PE Formula of Intrinsic Value
The 10% Rule
Another question people like to ask is not which stocks you should own but also how much you should allocate to your investments. This question is very important, especially today with a stock market that is trading near all-time highs at what appears to be disturbingly unsustainable valuations. As investors have very different goals and … Continue reading The 10% Rule
The Road to Graham and Doddsville
I thought I was investing when I dabbled in the forex markets. Back then I based my trading decisions on technical charts and interest rate decisions. However, during a discussion with my friends on our investments, they posed me a question on how do I derive the intrinsic value of a currency? I had totally … Continue reading The Road to Graham and Doddsville
