As I was writing this blog post, Covid-19 has 6.6 million cases worldwide and over 383,000 people were killed. To distract myself from the chaotic world outside, I re-read Robin Sharma’s best-selling book The Monk Who Sold His Ferrari. As the author told us, everything happens for a “lesson”.

There are no mistakes in life, only lessons. There is no such thing as a negative experience, only opportunities to grow, learn and advance along the road of self-mastery. From struggle comes strength. Even pain can be a wonderful teacher.

The pandemic has taught me very good lessons, both in life and in investment. Lesson #1: We don’t need much to live and be happy. Things are not looking good, but there are certainly good things around: – Under lockdown, there is no traffic jam anywhere in Singapore, Kuala Lumpur or Bangkok. – We don’t find any air or noise pollution from traffic, construction, road works or factories....