What to do in a market correction?

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?

CapitalistLAD Guide to Ratios: P/S Ratio

Although not as common as the P/E Ratio, the P/S Ratio is also a very useful indicator when seeking for above average returns. Billionaire investment guru and bestselling author Kenneth Fisher believes that the Price to Sales Ratio reveals a lot more than the Price to Earnings Ratio.   What is the Price to Sales … Continue reading CapitalistLAD Guide to Ratios: P/S Ratio

CapitalistLAD Guide to Ratios: P/B Ratio (Part 2)

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)