Author Archive: Alvin
Founder of BigFatPurse.com and author of Secrets of Singapore Trading Gurus. Loves the financial market. Curious to find out what work and what doesn't work in investing.
How to Trade Profitably?
I have always wanting to find out what does it take to trade profitably. After all these years of reading, trading, investing, learning and what not, I have crystallized my experience and knowledge about trading profitably. There are many school of thoughts when it comes to this and also a lot of empty promises. I have captured [...]
3 Parts to a Trading Strategy
In recent years, I have been selective about the investment talks and seminars I attend. I found the talk on investment psychology interesting and I attended it on Sunday, 19 May 13. The speaker was Wong Kok Fai, who appeared in TV programs such as Money Mind, Business Tonight, 财经追击. He is currently an algo trader at Azurewing [...]
Financial Planning for Singaporeans – Interview with Mr Tan Kin Lian, President of FISCA
This is an interview with Mr Tan Kin Lian on personal financial planning.
Mr Tan Kin Lian joined NTUC Income in 1977 as the general manager (later re-designated as chief executive officer). During a period of 30 years, he built up the business and grew the assets 600 times to reach $1.7 billion at the time of his [...]
Masterclass with Chris Lori
Thanks to CMC Markets who organised the Masterclass with Chris Lori. I have heard of Chris Lori in the past and my impression was that he is a respectable forex trader and an ex-Olympian. When CMC Markets sent out the invitation to his talk, I signed up right away.
The ballroom was big and I think [...]
Antifragile by Nassim Nicholas Taleb
The “Black Swan” hit the tipping point with the financial world and it appears to me that most investors and traders are aware of the concept. A Black Swan is a rare event with significant consequences and it is unpredictable. Nassim Taleb is the author of The Black Swan and Fooled by Randomness. While the [...]
How did the drop in Gold price affected the Permanent Portfolio?
I have received concerns about the recent drop in gold price from a few readers who had implemented the Permanent Portfolio. This is what fear can do to an investor. If they had the right perspective, the drop in gold price would have a lesser impact on their psychology. What is the right perspective? It [...]
The Secret World of Gold – CBC Documentary
How apt it was when CBC screened a documentary about gold few days ago, after gold prices tumbled. Although it is rife with conspiracy theories, there must be more or less something brewing in the background for this documentary to be made. Below is the summary of the documentary. I have also embedded the videos in this [...]
Where Are the Customers’ Yachts? by Fred Schwed Jr
The following quote from the book gave a good idea how the title came about.
“Once in the dead dead days beyond recall, an out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the Battery, one of his guides indicated some handsome ships riding at the anchor.
He said, “Look, [...]
13 Things I Learned About Humans and the Financial Markets
Predictions do not work as tomorrow is uncertain. We will only boast about things we have predicted right and talk nothing about the other half we got wrong.
Skills can bring us moderate success. However, luck is needed to be a big success. (credit to Jon)
We tend to credit our successes to good skills and blame [...]
