How to Invest without Hope?

“Hope. It is the quintessential human delusion, simultaneously the source of your greatest strength, and your greatest weakness.” - the Architect (Matrix Reloaded) Was reading an article about the experience of a Futures Trader, and it made me think of the problem of Investor Bias. There always exist a bias where the investor is hopeful … Continue reading How to Invest without Hope?

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Investor as a boss

Was chitchatting with an investor when he started talking about his boss: “You know management lar, these are the numbers, by hook or by crook you have to deliver it. I don’t care what you do as long as you get the result.” “I can talk to my guys and get their feedback but management … Continue reading Investor as a boss

Why investors keep making the same mistakes over and over again

Complacency and overconfidence are the two great enemies of proper investing. There’s a story that a trainer in Penang asked a room full of investors whether all of them lost money in Money games. ‘Yes!’, all of them answered. ‘Would you want to put your money in it again?’, the trainer asked. ‘Yes!’, came the … Continue reading Why investors keep making the same mistakes over and over again

Is thinking about giving bad for our own financial freedom?

“I want to setup an education trust for my grandchildren. Sorry I’m like this, always thinking about other people, keep on giving, bad for my own financial freedom” “Don’t worry Mrs Tan, we’ve worked out your finances, how much you can give and when you can give. It’s good that you thought about giving when … Continue reading Is thinking about giving bad for our own financial freedom?