My current market position

The market has been volatile for since 1st August 2011 mainly due to the economic problems in Europe and US. STI has hit the 52-week low on Monday, 26th September after closing at 2654 points. The problems in Europe would take time to solve and the volatility may continue for some time. It's the first … Continue reading My current market position →

Visit to H&M Flagship Store

Yesterday evening, I visited the H&M flagship store at Orchard Building which was fitted out by Kingsmen after two previous futile attempts to enter it. The main reason why I wanted to go down was to take a look at the quality of work done by Kingsmen. Another reason obviously was to shop around for … Continue reading Visit to H&M Flagship Store →

Liquidated silver bullion bars

I recently liquidated 2 Perth Mint silver bullion bars each weighing 1kg last month. I purchased them in early August 2009 through respectable dealers in eBay. I'm still holding on to some Australian, Canadian and Singapore silver coins bought over the years as collection. The main reason for selling away my bullion bars, even though … Continue reading Liquidated silver bullion bars →

Divestment of Hock Lian Seng

I have divested HLS last week after much deliberation. I purchased it in October 2010 and sold it at a slight loss. Luckily, my stake in the company was just a small part of my portfolio. The reasons for divestment: 1. Order book has been declining ever since I purchased the company. Order book at time … Continue reading Divestment of Hock Lian Seng →

The Famous Marshmallow Experiment

The Stanford Marshmallow Experiment conducted in 1972 was a study on delayed gratification and is regarded as one of the most successful behavioural experiments. In the experiment, a marshmallow was offered to each child. If the child could resist eating the marshmallow, he was promised two the next round. Experimenters then analyzed how long each child resisted … Continue reading The Famous Marshmallow Experiment →