Markets misconception: Markets always corrects to normal

“Wall of Ignorance or Bridge of Understanding,We can’t choose what others build for themselves,But we can choose what we spend our time on. “ There have been a few misconceptions about the financial markets which has been bothering us. Things we tend to pick up because it is our favorite subject. The answers are always …

Process-oriented vs Goal-oriented

After speed reading thru a child psychology book gifted by a client, I was struck by the recommendation to treat parenting as process-oriented rather than goal-oriented and I can see the similarities to sensible management and investment approaches. The book gave the example of a baby repeatedly putting on and taking off her sock on …

Attack On Titan and the psychology of Action

"And just like that, everything changed. At that terrible moment, in our hearts, we knew. Home was a pen. Humanity, cattle." — Opening narration “Sie Sind Das Essen Und Wir Sind Die Jager!” 1.You are the prey and we are the hunters. 2. Are you the prey? No, we are the hunters! The World of …

What’s is a perpetual callable bond and is it worth it?

One of the fascinating aspects of (financial) bond is that there are many flavors of it. A bond is an I.O.U., you lend me money, I will pay you interest and at the end the loan is repaid. So why are there so many flavors of it? I remember reading an opinion somewhere that the …

The Witness and the process of interpretation

Recently I'm playing a game called The Witness, it is a highly rated game which finds resonance with a lot of people. It is, at the first glance, a puzzle game. A puzzle game in the sense that there is a problem, there is a solution, and there is a rule governing the solution to …

Popular Searches

I was wondering about what sort of information people want to read so I check the stats of my site.  Apparently "Dr Strange" + "Philosophy" ranks very highly in the search results. 😂 So people like their philosophy from films.  Not surprisingly, the last article about financial advisory ranks pretty lowly. I could have put …

Why do people take high risks even though they might lose their money?

Lately I've been grappling with a financial conundrum:" Why do people take high risks even though they might lose their money?" Just last week I learnt about something called the "Money Game" among the Chinese speaking community in Malaysia. It's a ponzi scheme, everyone acknowledges it as such, everyone who went in the scheme goes …

Once upon a time

Once upon a time, there was a rich merchant. He owned a trading post in the middle of a forest of dense mists. People would come to visit him on their journey North and buy supplies from him. One day, a young man came to visit him. "Sir, would you like to buy some insurance? …

The 13th Warrior and… financial planning?!

I have these ideas in my head when I'm doing financial planning, and they somehow connects to movies that I've seen. For this week, the inspiration comes from The 13th Warrior starring Antonio Banderas. The first quote from the movie is:" I listened!" Scene here: https://www.youtube.com/watch?v=lnnREr8BV24 Those who watched the movie will remember that the …

Pros and cons of property investment and how to think critically about it

Sometimes you gotta just salute the master for writing much much better than you can. http://www.thestar.com.my/business/business-news/2016/12/10/property-investing-the-moment-of-truth-is-now/