Announcing the second edition of The Bedokian Portfolio eBook!
It has been more than five years since the first edition of the eBook was published online and available for free. During this time, a lot of changes and happenings took place in the economy and financial markets. To start off, we are in the middle of a global pandemic due to COVID-19, which saw several sectors and industries being deeply impacted, in both negative and positive lights. Airline, tourism and hospitality were hard hit, but technology and pharmaceuticals benefited. From here, we can see there are diverse responses and results to a given situation, even though as we know the whole economy and market is like one big machine with many different interrelated parts moving together.
Two localised developments worth mentioning since 2016 are the emergence of real estate investment trust (REIT) exchange traded funds, which we currently have three listed in the local Singapore Exchange,...