Time for some Optimism

You and I we tend to be optimistic about the future. That is not a bad thing in general.  However, this optimism might easily develop into “wishful thinking”. Too much “wishful thinking” will be harmful to you and your money.  You might be awful…

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Profound Question

I had lunch with an ex-colleague from my corporate-duty-days yesterday. She asked me how was it possible (sic!) to achieve financial freedom by the age of 44?  Hmm, that made me think. I was not able to come up with…

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Edge

Are you a stock picker? May I ask why? What makes you think that you can outsmart full-day traders and the professionals? What is your edge over them?  You might no longer have an edge in calculating ratios or analysing…

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Survivorship Bias

Survivorship Bias

Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…

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