Lollapalooza Tendency – Mother Of All Psychology Tendencies/Biases

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As per my earlier post, I am currently reading the book entitled Charlie Munger : The Complete Investor, by Tren Griffin (click here to see more). While I am still half way through the book but there is one psychology bias or tendency that caught my eye, and it's called : Lollapalooza Tendency. The reason it caught my eye is because the word seems exotic and odd sounding! :-) And when I googled … [Read more...]

What Make Benjamin Graham’s Principles Of Value Investing So Hard To Follow?

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Recently, I chanced upon a value investing book while browsing at Bangkok's Kinokuniya. After browsing through a few pages, I decided to get the ebook version and continue reading. Reason? It's very layman term and useful for noob like me. The title of the book is Charlie Munger : The Complete Investor (authored by Tren Griffin). As I am still at the beginning of the book, there are much to … [Read more...]

Book – The Singapore Blue Chips : 3 Key Reasons Why I Snap It From Library

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Today, while casually browsing at the National Library during lunch time, I chanced upon a local book, The Singapore Blue Chips - The Rewards & Risks Of Investing In Singapore's Largest Corporates [2017] (authored by Nandini Vijayaraghavan and Umesh Desai). After flipping through a few pages, I immediately decided to loan it for further reading. Reason? #1 - This is the first financial … [Read more...]

My Thought On Tony Robbins’ Latest Book Unshakeable – Your Financial Freedom Playbook

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I've been following the famous motivational guru, Tony Robbins' books since his Awaken The Giant Within (1991). So, I can consider myself a fan of his book. In the recent years, his books are mainly focusing on the personal finance, from the 2014's Money - Master The Game to this year's Unshakeable - Your Financial Freedom Playbook. Effectively, Unshakeable is a follow-up to his much voluminous … [Read more...]

Money Is A Story….

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Seth Godin I am currently in the midst of reading a gigantic book called "Tools Of Titans" (from Tim Ferriss, the famous author that brought us 4-hour workweek in 2007).  Effectively, it is a compilation of key takeaways from his previous interviews/podcasts with the hundreds of successful heavyweights over the world, including Tony Robbins, Arnold Schwarzenegger, Seth Godin, Jamie Foxx, … [Read more...]

It’s not personal, it’s just business!

Here’s a summary of the main points of the book: The Theory Of Business Enterprise. It’s an interesting read and it definitely reflects the direction of our societies today. The video by Ray Dalio sums up the first few chapter of the book. Our entire society is turning into a giant business and everything is getting impersonal. [embedded content] Introductory Veblen’s main points: The … [Read more...]

Breaking The Law Of Our Modern Reality

I was first introduced to the term Veblen good while taking economics 101 in college. Back then, I didn’t have much time to apply what I’ve learned to my daily life due to academic and social commitments. Now, with more time on my hand and less pressure to do anything, it’s probably best to revisit the concept of Veblen good. According to Wikipedia, “Veblen goods are types of material … [Read more...]

Book Review: It is Only Money and It Grows on Trees!

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This is an eBook I received from Cara MacMillan in return for a book review. Apologies for the long time I took to finish reading the book as I was very occupied with work these few months. The content of this book touches my inner soul deeply. The author uses students of different religion and in a role playing style, the book shares about how students of different religions have different … [Read more...]

Reading Books To Create Passive Income

Every day when I wake up, I feel like there’s an invisible Morpheus saying this to me, “This is your last chance. After this, there is no turning back. You take the blue pill—the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill—you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember: all I’m offering is the truth. Nothing … [Read more...]

Would Your Tendency Affects How You Invest?

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Currently, I am in the midst of reading a book called "Better Than Before", by Gretchen Rubin. In gist, it is a book about changing our habits for the better. I am especially intrigued by the Four Tendencies mentioned by the author. Of course, these are nothing new, but I can relate to the way she is classifying them. The Four Tendencies that Gretchen Rubin is talking about are (extracted from … [Read more...]

When Breath Becomes Air – A Memoir And Also A Beautiful Gift From The Author

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I first chanced upon the book, When Breath Becomes Air (by Paul Kalanithi) was a couple of months ago at the Kinokuniya Orchard. After browsing through a couple of pages, I've made up my mind that I will get hold of this book (or memoir) one day. Recently, I've gotten hold the book and finished reading it within 1.5 weeks. I must give myself a round of applause for this "mini achievement", you … [Read more...]

The Evolution of My Reading Habits

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The lazy reader of the past I still remember the days back in primary school when there is this “Master Reader” contest. The whole idea of the contest is to encourage reading. Pupils who can finish more than thirty story books a year will be awarded with a Master Reader badge. Before that, every pupil will need to have a “Master Reader Exercise Book” with columns showing the story book basic … [Read more...]

From Thinking To Unthinking – What Do You Think?

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Recently, has been busier with work and hence my blog post frequency is getting affected too. Having said that, I am still targeting to get out at least 2 blog posts per week. Today, thinking of writing something outside the theme of my blog i.e. non investment related, so decided to write something about "thinking". Personally, I usually do quite a fair bit of thinking before taking any action … [Read more...]

Book Review : $how Me the MONEY (Book 3) – Teh Hooi Ling

Recently, I finished reading Teh Hooi Ling’s $how Me the MONEY (Book 3) - Fighting Paralysis in a Market Meltdown and other curious facts. Below is a summary of extracts from the book more related to the stock market.  There are also sections related to the macro global landscape, which I have not reviewed here. Hope the points laid down are useful for the readers. Teh Hooi Ling is an … [Read more...]

Investing in Yourself

In Singapore, there is now an emphasis on lifelong learning. This is timely considering that industries today are not like industries before and there is constant reinvention of jobs as skills required for the workforce change in quality and quantity. While many people interpret investing in oneself as equipping oneself with new and additional skills, I must add to this definition that investing … [Read more...]

Book Review: The Daily Edge

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This is an excellent book by David Horsager that teaches you simple strategies to increase efficiency and make an impact every day. In layman terms, this book teaches you about increasing productivity. Besides reading financial related books, I also read books that teaches me about increasing my productivity and efficiency. My reason is that I can learn to do things faster and better at work … [Read more...]

Book Review: How 30 Good Ideas Became Great Businesses

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Do you aspire to be an entrepreneur? Do you have an idea but didn’t know if it will work out? Recently, I have borrowed a few books about entrepreneurship from the National Library. I hope to learn what are the challenges and how others embark on the path of entrepreneurship. This book is about how 30 good ideas became great businesses. Two excellent points I learnt from the book: #1 A … [Read more...]

Who doesn’t love the ‘rental $$$’ from your REITs?

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Most of us will know that the S-REITs (Singapore Real Estate Investment Trust) are trust manged by REIT managers to invest in income generating real estate properties such as shopping malls, offices, hotels, etc. REITs generate their revenue mainly from the rental income of their properties and it is a mandate to distribute at least 90% of their net income to their investors. As such, who … [Read more...]

Book Review: The 100 Best Stocks to Buy in 2015

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I came across this book which is selling at a discount at Times Book store. Looking at a title, you can tell why it is selling at a discount. There is a newer copy “The 100 Best Stocks to Buy in 2016” but I shall be grabbing that later. The stocks listed in this book are all US based stocks. I have always been keen to invest in the US stock market and thus I grabbed this book to understand … [Read more...]

7 Powerful Financial Principles

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Being an avid reader (even though a slow one), visiting bookstores and libraries are my regular pastimes. Two weeks ago, went to the newly refurbished White Sands Mall's library and managed to grab a couple of books. One of them is personal finance related book and I am currently still reading it : Reset Your Barcode - Five Steps To A Financial Reset (by Marvin Reynolds). It is a simple book … [Read more...]