When we invest in stocks, we are putting our hard-earned money into the hands of management of the business. Would you want to invest in a company if the company is run by unscrupulous individuals? Of course not! Also, the leaders of the company spearhead where the business should go towards into the future. They … Continue reading Jockey versus Horse – Management or Business?
I just concluded reading a book called "Investing Between The Lines" by L.J Rittenhouse. It is an entire book that is dedicated to analysing Chairman's Statements found in Annual Reports. This book is recommended by the Oracle of Omaha himself. In his latest 2012 shareholder's letter, on Page 22, he says, "I also recommend... Laura … Continue reading Book Review – “Investing Between The Lines”
Bank deposits are giving a paltry 0.05% to 0.1%, hardly enough to beat the raging inflation currently in Singapore. Property prices are still sky-high. Singaporeans have lots of cash and they do not know where to deploy them to make their cash work harder. This is evident from the recent gold scams many fell prey … Continue reading Are SGX-listed REITs in a Bubble?
Victor Chng is an investment analyst at 8 Investment Pte Ltd. He specialises in unearthing high-growth, small-capitalisation companies. Currently, he co-manages a private equity fund of over $7 million. Victor also represented Singapore in the 2008 TAFISA World Games in Busan, South Korea and was the 2008 IFMA World Muay Thai Championships bronze medallist, kicking … Continue reading Coffee With FFN and Victor Chng
When we invest in stocks, knowing the profit and loss for each individual stock alone is not enough. We have to know our annual portfolio returns so that we will know whether we have beaten inflation, we are on track to our financial goals and if we have beaten the market. If we have not beaten … Continue reading Calculating Annuliased Portfolio Returns using XIRR