For centuries, capital markets have tide over multiple boom and bust cycles. While each market cycle can be attributed to different events in the economy (i.e. Black Monday, Black Friday, dotcom bubble, sub-prime mortgage crisis), there are inherently two emotions that move markets in either direction - FEAR & GREED! The emotions of market participants … Continue reading What to do in a market correction?
The marketplace is nothing but a reflection of “collective wisdom” on the prospects of the underlying assets that make up the market. As the market is always forward-looking the economy, stock prices at any point in time would have already discounted (factored in) the prospects (i.e. good earnings, revenue growth, sector expansion) of a stock. … Continue reading What moves the market?
In this article, we discuss the various strategies central banks around the world use to control the monetary system we operate in.
We humans are afraid to die. But interestingly, most of us fear public speaking more than death! True story. Search it up on Google and have a good laugh! So why do most people fear public speaking? Well, I would like to think that it has to do with the environment we spend most of … Continue reading Investing In Thyself: Why you should do public speaking.
P/B Ratio Case Study: Investment arbitrage on KeppelLand *Read part 1 of this article if you haven't already. In early 2014, I bought KeppelLand, a property developer, for $3.30. At $3.30, the P/B ratio was about 0.78. This meant that the stock was trading at a 22% discount to its book value. The P/E was ratio … Continue reading CapitalistLAD Guide to Ratios: P/B Ratio (Part 2)
In the previous article, we discussed how the P/E ratio is widely used by investors to determine how much the market is willing to pay on each dollar of the company’s earnings. However, the P/E ratio alone is inadequate for an investor to make an investment decision. In today’s article, we’d like to introduce to […]
This first article serves as the foundation with which our future posts will be built upon. You might have already heard of a robber by the name of INFLATION. He is relentless in his quest of taking away the purchasing power of our money over time. So how do we alleviate the erosion against our […]