Invest
Weekend brain food II
By Rainbow Coin  •  August 3, 2019
Good readings are like old adage - they never go outdated but market news do. What I am reading this weekend: "Over-reliance on flawed models has hurt people over and over and over again. Beware of geeks bearing formulas!"


"It's ironic that at the time time Neff published his book in 1999, one of the greatest investment bubbles in history was approaching its climactic end point. In the book's final chapter titled 'De Ja Vu', Neff noted the S&P500 was trading at 28 times offering just a 1% yield. And although, Neff could not see the typical warning signs he looked for, [capital expenditures, inventories and consumer debt] he recognized the risks..."

"The most important piece of information when buying a stock (or any asset) is — the price you pay. That’s right. Even with bad management, terrible growth, and bad profitability, there exists some...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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