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Who Do You Compete With?
By Invest Openly  •  August 14, 2017
Once, Netflix CEO, Reed Hastings was asked who the company's biggest competitor was, do you know what is his answer? Not, it's not Amazon, neither Youtube. His answer is profoundly bold : SLEEP! Yes, from his perspective, his focus is not with any of his competitors but rather focusing on his own product(s) as well as the customers. I deduced from his answer that he is trying to deliver a product that the customers are willing to sacrifice their sleep with. I think same thing applies to our investing journey or our life as a whole too. Just take a moment to think through, who do you usually compete with? Your siblings?  Your classmates?  Your colleagues..? Your peer retail investors?  The list goes on but I do agree with Reed Hastings that the one worth competing with is ourselves! Of course, I ......
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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