Happy New Year folks, it’s 2016. This year is meaningful in a way since this site started out in 2006. So, a decade just whizzed by with some intermittent writing, some charts and lots of thinking and oh yes, thanks for support this site for the past 10 years! It’s been great so far, another 40 more years to go! We are on track to at least match Berkshire or SG50, and it so happened that Berkshire is actually as old as Singapore and celebrated its 50th anniversary in 2015. So in 2056, we shall have 8PA50 or something. Do hang around!

Today we would like to discuss some interesting notions about investing, and hopefully correct the layperson’s perception of what real investing is all about. To most people, investing likely equates to making money in a money’s game, which is linked to trades, making good speculation, being some …