Richard’s Observation of the fallacy and trap of value investors: I have noticed that there are too many retail investors that are so engrossed in the numbers of value and price and finding the ‘holy grail’ of valuation and the exact number of fair value and the exact hit of margin of safety.., that they…
Recently I read article which address importance of mindset. Given a scenario where you noticed an apple tree’s apple does not looks nice, what we will do? Well, most of the people in rational way which may be digging, watering, fertilizing in order to yield a big and juicy apple. This principles apply to rich…
What is a valuation, especially valuation for a listed company? Google definition for valuation is “an estimation of the worth of something, especially one carried out by a professional valuer”. Can the valuation be done by a commoner like anyone on the street? The answer is YES. “The price is on increasing trend, should I…
Are CEOs born or made? According to entrepreneur-turned-top venture capitalist Ben Horowitz, most of the tricky skills needed to excel are drummed into leaders through years of experience. Likening critical CEO capabilities, such as giving difficult feedback, to learning the unnatural motion of lifting your back foot first in boxing, he claims “it generally takes…
Why companies grow immensely large quickly? Why do so many investors want to invest in them? Why do so many employees want to work for them? Why do so many customers want to buy their products? Why as an investor do I look at a company growth potentials, business model and founder-led companies? Business…
Teamwork is completing a task in collaboration with teammates. It’s simple, yet often disregarded when it comes to credit taking. People usually wants every credit to themselves, but naturally reluctant to perform the tasks required by themselves. So what makes a good teamwork? Mutual trust and coordinated collaboration. Trust seems simple in its 5-letter words,…
I have been attending a seminar recently which talked about life longevity and how to overcome the sickness of death. In this seminar, the professor claimed that death is a form of sickness instead of something inevitable, which meant that death can be cured. During the talk, there are various discussions on how it can be…
Leadership is less about your needs, and more about the needs of the people and the organization you are leading. It should be adapted to the particular demands of the situation, the particular requirements of the people involved and the particular challenges facing the organization. There are many different leadership styles. In this piece, we’ll…
Investing Insight Mean reversion (what really drive return) is the theory suggesting that prices and returns eventually move back toward the mean or average. This mean or average can be the historical average of the price or return, or another relevant average such as the growth in the economy or the average return of an…
Continuing from where I left off previously on one-off gain/loss, this round I’ll touch on: 1) Trade Receivable Written-off/Impaired Trade receivables consists of monetary value generated through core business activities that has yet to be receive from customers. Usually, it comes with with aging analysis, which shows how long does the receivables take to be…
