Hope As A Thesis

Fortune Favours The Brave...😅 ...and never helps a man who does not help himself. Luck is what happens when preparation meets opportunity. Even with good fortune, you need to be able to execute. One example was during the March 2020 Covid situation which led to the a vaporization of market value. In that situation...did you panic or were you prepared enough to execute? If your investment thesis is hope, it might not stand the test of time. As always, "Come for the laughs, st

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 #


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:

So Luck...Much Skill

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

Keep Calm & Carry On

Keep Calm & Invest On...😂 The market will always have ups and downs. We can't do anything about that. We can only control our own emotions, and more importantly what we invest in. Calmness comes from knowing your investment thesis. 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". #investing #investment #zen #calm #keepcalmandcarryon #alreadydown #down #joke

It's Not Counted

It's Not Counted If I Don't Sell...😎 It's practically impossible to be right 100% of the time. The good news is you don't have to be, not even close. But don't be in denial when you are wrong. And we definitely don't buy the "If you don't sell, it's not counted" train of thought. As always, "Come for the laughs, stay for the fun times". #lose #sell #denial #investing #joke #gettingitright #allthetime


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

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

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

When The Going Gets Tough, The Value Gets Accretive

Need Answers? Not everything has a clear yes / no answer. That's part of life. As always, "Come for the laughs, stay for the fun times". #answer #value #accretive #questions #investing #meeting #valueaccretive

Are You A Long Term Investor?

Do You Walk The Talk? Many say they are long term investors, with a long term time horizon. Especially during bull markets. You only know who really walks the talk, when the music stops. Investing is more than the price quote, if you have an idea of the company being the price, the stuff the make, how they make money, and what they own - then you might not panic so much when shit hits the fan. Its human nature to panic during a market crash, you just have to know what you sta

Valuation...It's Magic

It's Not Looking Good If A Miracle Is The Key Variable Traditional companies with a steady source of cash flow and or tangible asset can be valued with either the P/E or P/B approach. Growth companies without earnings, could likely be valued with the P/S approach. But when new fancy new age valuation techniques get thrown in, "valuation per eyeballs", EV to EBITDA (and any other stuff you want to throw in), you should take it with a ladle of salt. And if it involves divine in

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'

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

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