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The Art of the Good Life #50 : Sturgeon’s Law
By Growing your tree of prosperity  •  November 29, 2018
Ted Sturgeon was a sci-fi author who claims that "90% of everything is crap" and this chapter proposes that the same applies for the stock market. This is useful when you decide what kind of media to indulge in. 90% of all fiction is crap. 90% of all Netflix shows are crap. In a moment of self-reflection, perhaps 90% of investment training is crap so I need to constantly improve my training slides. While preparing stock screens for this weekend's class to demonstrate this concept, I wanted to see how many stocks fall into this category in SGX : a) Cannot be a ADR, GDR, China Stock or a REIT. b) Cannot have a market capitalisation below $50M. c) Must have revenue above 150% of the average of the remaining counters after step (b). d) Must have an operating cash flow above the average of the remaining counters ...
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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