I notice that most laymen try to follow the Warren Buffett approach. The Warren Buffett approach to investing is time consuming and requires a lot of hard-work and not to mention a very high IQ. Nobody will admit that they have an average IQ, everyone thinks that their IQ is higher than average – then [...]
Alvin was invited to speak a couple of weekends ago. Over two sessions at the SGX Auditorium, he shared with the audience his own investing journey and many common mistakes investors tend to make as they seek profits from the market. Of course, no session is complete without introducing the Permanent Portfolio. The crowd was [...]
Biderman holds the perspective that the stock market is a casino. In this casino, he sees the companies and funds as the house and the retail investors as the players. Similar to the real casinos, the players always lose to the house over the long run. The following is how he briefly describes his observations about [...]
This is the first article contributed by Eric. He is a fund manager at Aggregate Asset Management.
Charlie Munger always say “Invert, Always Invert”. He tells the story of the man who wants to know where he will die, so he will never go there.
If you want to remain poor, and remain a wage slave, then [...]
A few months ago, I fixed up some Ikea shelves for home. Now if you think Ikea is nothing but just cheap paper wooden furniture and groovy meatballs in gravy, think again. The real attraction, I swear, is the ability of the Swedes to put together an idiot proof instruction manual for their products so [...]
Trend Following Mentor reveals the Hard Truths about Trading – Interview with Andrew Abraham of Abraham Investment Management
Andrew Abraham released his book, The Trend Following Bible, at the end of 2012 and he sent me a copy for review. You can read the book summary here. I set up the interview with him in Jan 13 where he talked about several aspects of the trend following technique. He currently trades for himself and his [...]
Imagine a world where there are only two investment opportunities. You are first presented with a risk free investment opportunity; your capital is guaranteed, you have absolute faith in the counter party, and there is zero risk of default. This investment promises returns of n % per annum and you are tempted to invest. The [...]
A handful of investment products was mentioned in the 27 Jan 13 Sunday Times. I am referring to the article, “Grow your wealth wisely”, in the Invest Section which the reporter, Magdalen, had solicited comments from industry experts. She tried to help retail investors understand the products better, without the sugar coated sales pitch. I [...]
This is the 14th article I have written for bigfatpurse. My greatest fan (my wife. she has no choice. I force her to read all) has complained more than once that I am too long winded, provide too much details and that the stories that I use to bring out my points are not succinct [...]