Dear Students of Batch 10,

It’s been a great honour and privilege to be able to conduct a 2-Day Early Retirement Workshop for you.

The investment decisions made by Batch 10 was very unique compared to the decisions made by previous batches, and this goes to show how much a portfolio can be moulded by the personalities of the cohort in spite of the fact that the underlying stock strategies have not changed too much from last month.

For this masterclass, there are two interesting developments that deviated from the norm of previous batches of students:

The first development is that the class rejected almost all the banks that have been shortlisted by the quantitative model. Right until Batch 9, banks were a hot favourite of the students of this program so much so that I will ordinarily force the class to reject one bank to prevent the portfolio from being dominated...