Dear Students of Batch 13,
It’s been a great honour and privilege to be able to conduct a 2-Day Early Retirement Workshop for you.
In the West, 13 is an unlucky number but to the Chinese, 13 is a number that signifies “assured growth” or “definitely vibrant.” 
This course is the hardest course ever conducted as markets has rendered previous back-tests meaningless as historical precedence does not play too well with two possible futures. A significant part of the investment community believe in the V-shaped recovery, and a large number of bears are holding back in case things get worse. If we tacked too aggressively to a market recovery, a downturn would wreak havoc in investment results. If we play a conservative game, there will be significant regrets if markets rally further.
This is the first batch to consider more than three factors in our stocks...