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It's Magic...

If You Don't Know What You Want, You End Up With A Lot You Don't "If you don't know where you're going, any road will get you there." That's nice if you are going on an adventure. Not so nice for your investment journey. It will take awhile, but do what you are comfortable with, and be aware of red flags. It's not a race with everyone, run at your own pace. As always, "Come for the laughs, stay for the fun times". #investing #wizard #magic #investment #joke #comic #confundo #

Noise

Not everything that counts can be counted & not everything that can be counted counts..😂 There's a lot of noise out there. Not everything matters, and you definitely don't need to know every single thing to to invest in something. You just need to know enough of what really matters. Here's a fun article by Morgan Housel's on interest rates: https://www.fool.com/investing/general/2015/12/16/a-straightforward-guide-to-what-stocks-do-when-int.aspx?fbclid=IwAR1e70NZXNIXjMPY9QqU9

So Luck...Much Skill

One shot...one kill. No luck, all skill...😂 Is investing an art or science? Is it all luck or skill? In the short term, especially in the day to day or even month to month period, prices can go up and down, sometimes for no good reason. However, over the years, its a totally different ball game. That is when you can tell if things are panning out. It's always good to stay levelled, not to panic too much (it's human nature to panic abit, not many of us can can get used to a 5

Benchmark

If You Can't Win The Game, Change The Rules This is some out of the box thinking...🤣 Performance is measured in both relative and absolute terms. What if you outperform your benchmark, but your returns are still negative? Absolute performance matters too. As always, "Come for the laughs, stay for the fun times". #joke #comic #meme #stonks #memestonks #benchmark #returns #underperform #comicsofinstagram #investor #investing

It's Inevitable

Where Did That Bring You...Back To Me... Your investment journey is a marathon, not a sprint. It might take awhile, but you need to find a style you are comfortable with. Otherwise by chasing fads...the outcome may be inevitable. The definition of insanity is doing the same thing over and over again and expecting a different result. As always, "Come for the laughs, stay for the fun times". #joke #comic #meme #stonks #fail #thanos #infinity #allin #memestonks #avengers #inevit

Leverage

Leverage...It's Not Fun To Be On the Pointy Ends Of The Double Edged Sword To win, you got to stay in the game. Leverage sounds cool and sexy...but done excessively, it can also blow up your entire portfolio. It's not to say leverage alone is bad. A spoon alone doesn't make you fat. It's what you do with the spoon. Leveraging say 5% of your portfolio doesn't hurt you so much. But people tend to underestimate the risk and get greedy. Leveraging 100% of your portfolio, is way d

When You Take Things Too Literally...

Form Over Substance In investing as well as life in general, it helps to go for substance over form. In the case of Enron, they took form over substance to a whole 'nother level: “Say you have a dog, but you need to create a duck on the financial statements. Fortunately, there are specific accounting rules for what constitutes a duck: yellow feet, white covering, orange beak. So you take the dog and paint its feet yellow and its fur white and you paste an orange plastic beak

More Haste, Less Speed

Being Fast Is Not Always The Key Markets go up and down. You don't need to panic if you miss one opportunity, there will be others, maybe even as soon as the next day. Its better to go in after some research, than going all-in, in the dark - not likely to end well. If you don't know what you stand for, you will fall for anything. As always, "Come for the laughs, stay for the fun times". #fast #investing #funny #joke #comic #morehastelessspeed #report #analysis

The Latte Factor

The Little Things Add Up The Latte Factor concept is simple. Small amounts of money spent regularly cost us far more than we can imagine. That said, don't make your life so tough, if you like to, having a nice latte once a week won't set you back by too much. Investing is to make your life simpler, not tougher. Enjoy the simple pleasures in life. As always, "Come for the laughs, stay for the fun times". #latte #lattefactor #compounding #realistic #reality #maths #lifechanging

Mistakes Were Made...

It's Normal To Make Mistakes Mistakes happen to everyone. Fool me once, shame on you. Fool me twice, shame on me. The key is to learn from them. Maybe just not all 3 at the same time...🤣 As always, "Come for the laughs, stay for the fun times". #mistakes #investing #comic #joke #valuation #analysis #numbers

It's Probably You...

Know What You Stand For Books, classes and mentors are important, and they do matter. However, the other half (or even more) of the equation lies with you. Even if the best recommendation falls in your lap, one cannot follow conviction. "You can borrow someone else's stock ideas, but you can't borrow their conviction." You have to know what you are standing for, otherwise you will fall for anything, even a 1% fall in share price. Don't be Harry 🤣 As always, "Come for the lau

P/S Is The New P/E

What Number Do You Want? Is valuation magic? Valuation formulas are pretty standard - at least the common ones. What's up to you are your inputs, as they say "Garbage in, garbage out". Is there a "Right" valuation? That's up to you. A range might work for an established business, but that said, having a per share valuation down to the 2 decimal place, in our opinion, is rarely ever accurate. And for a new SaaS business, that's where the fun begins. As always, "Come for the la

Man of Science

Being Good With Numbers Doesn't Always Lead To Being Good In Investing That said, being good with numbers definitely helps, and you need to have a basic understanding of how the numbers tie in. But that's only half of the puzzle. The other half has to do with yourself, the things you can control - for instance your emotions. "If past history was all there was to the game, the richest people would be librarians" - Warren Buffett We are not saying the quantitative way doesn't w

It's Always The Darkest Before...

...It Turns Absolutely Pitch Black... When you think things are bad...they tend to get worse. A 10% dip is nothing new, its not like it hasn't happened before. However, what's notable about the March 2020 drop was its speed. On the other hand, the speed by which the market recovered was also nothing short of amazing. Even in the face of a global pandemic, record unemployment, failing businesses, the market is currently at a high. One takeaway is that market timing is a fool'

There's An Imposter Among Us

One Of Them Is Not Like The Rest... Value investing varies over a wide spectrum, from deep value all the way to a growth approach. And that's ok, there's no one right way to value investing, it just has to be something you are comfortable with. A quick litmus test for us is that if you find yourself having trouble sleeping at night thinking about a particular investment...it might be time to re-assess your investment into that Company. However, at the end of the day, no matte

Investment Terms

Those investment terms are finally making sense now... Do you feel that all the investment jargons seem to be pulling a fast one with you? Like the time when you were told that in a risk-off environment, that blip is just a dead cat bounce and we have to beware of incoming stagflation... It happens to everyone at the start. Aside from the jokes, most of these jargons can be simplified into easy to understand terms. With more reading, over time, you should be able to make sens

That's About As Accurate As A Market Forecast Can Be

Forecasts Tell You More About The Forecaster Than Of The Future In general, forecasts really do tell you more about how optimistic or pessimistic the person selling it is, and not so much about what's actually going to happen. In a couple of reviews we came across on post-market track records, these forecasts don't age as well as fine wine. Instead of trying to predict the unpredictable, why not consider identifying a number of strong companies with 1) a long runway ahead of

It's Time For A Good Meal

There's Things Other than the Food? Yup. Some have the door gift too. Jokes aside, if you are able to attend, it might be good to attend an AGM at least once to get a feel of things. This might not make or break your investment decision, but it could help you as one part of the puzzle. In the past, we might only be able to attend those locally. However with the situation now, it might actually be easier with virtual AGMs being a thing. The downside being no food or door gifts

AI Is No Match For Natural Stupidity

"Once you trust a self-driving car with your life, you pretty much will trust AI with anything..." Artificial Intelligence is the "in" thing now. All the algorithms, machine learning, robo-adviser stuff, with the FAANGs and the BATs taking over the world. Don't get me wrong, I believe AI is a great help to us, and is here to stay. And those FAANG/BAT companies are really good businesses. By the way, if you do not have any idea on this AI stuff, Lee Kai-Fu's "AI Superpowers: C

When There's A Will, There's A Way

Building Up Your Portfolio Is No Cakewalk If you can't feel the impact of compounding yet, its ok. It happens to everyone, especially during the initial years. 20% of 10K is less than 10% of 100K. But no matter the amount, every bit adds up, what matters is that you continue moving forward. It takes quite some time before you get to experience the tangible power of compounding, well unless you have a few hundred thousand to start with. It's only in the later years when the co