Buy businesses, not stocks

Buy businesses, not stocks

Looking back at the impressive track records of global leaders such as Microsoft and Nestlé, it’s tempting to daydream of travelling through time just to get in at the ground floor and share in the spoils of their meteoric rises. But a closer examination of each of...
Beyond the doomsday machine

Beyond the doomsday machine

The Covid-19 pandemic has laid bare many frailties in economies, government systems and business models; and exposed the costs of “progress” borne by society and the environment. Caught flat-footed, and wrestling to get a proper grip on a myriad complex and...
Investing for Roubini’s Greater Depression

Investing for Roubini’s Greater Depression

In September 2006, economics professor Nouriel Roubini warned an incredulous audience of fellow economists at the International Monetary Fund (IMF) that the US housing market was at risk of collapsing – an event that could ruin the global financial system. This was at...
Lessons from my investment journey

Lessons from my investment journey

Before I began working in the financial services industry, I understood very little of the jargon and terminology used, or how investing works. Fortunately, I have been privileged to become a part of the investment world, and I have learnt so much about better...
Volatility is a certainty

Volatility is a certainty

We know that market volatility is a certainty. While we don’t know what the price of shares will be a day or a month from now, we do know that the price will fluctuate. We also know that during periods of volatility – be it market highs or market lows – over-reacting...
Why successful investors avoid gambling

Why successful investors avoid gambling

One of the most famous poker games ever recorded took place at the 2008 World Series of Poker, where Motoyuki Mabuchi, completely confident in the winning prospects of his rare four aces, went all-in, betting all his remaining chips against opponent Justin Phillips....