It is time of the year to do a review again. Thinking through what to write for this post, I thought readers out there might be bored to read the same old things again. Because there is not much change in what I had been doing in 2013 as compared to 2012, which means there is nothing new to write. Except for adding onto my existing portfolio and also reducing my stake in some old ones, there is not much change in the way I manage my portfolio.

But of course, if I want to write about market “noises”, there are plenty of them but I shall leave that to readers to follow the news instead. Just a summary, STI did pretty much the same from the start of the year to near the end. Therefore, it is really a stock picking market this year.

Coming back to my portfolio, …