Wednesday, 31 August 2016

ABS ( Alpha , Beta , Smart Beta )


When Alpha Becomes Beta







What is Alpha ?



Concept explain : ( From Investopedia )

A measure of performance on a risk-adjusted basis.
Alpha, often considered the active return on an investment, gauges the performance of an investment against a market index used as a benchmark, since they are often considered to represent the market’s movement as a whole. The excess returns of a fund relative to the return of a benchmark index is the fund's alpha.

My Stock Watch List


Why do we need a Stock Watch List?




I guess most of the investors are having their own stocks watch list in hand which they intent to buy when opportunities arise.

Having a watch list of potential investments next to your workstation allows you to seize upon opportunities presented by the sometimes over-react Mr. Market. Armed with a watch list, investors will be at an advantage position as he or she can simply wait for good investments to arise rather than going out looking for them when needed.


My “ Rojak & Kia-su ” Portfolio



“ Scripophilist or Karung Guni “



According to “ The Free Dictionary “ , Scripophilist is a person who collect expired or antique bond and stocks certificates. These certificates can be valuable to the study of economic history and often have value themselves as collectibles.

I'm OK – You're OK



According to Wikipedia : I'm OK – You're OK    is a 1969 self-help book by Thomas Anthony Harris. It is a practical guide to transactional analysis as a method for solving problems in life.



The book made the New York Times Best Seller list in 1972 and remained there for almost two years. It is estimated by the publisher to have sold over 15 million copies to date and to have been translated into over a dozen languages. 



Not All Dollars Are Created Equal


Why Smart People Make BIG Money Mistakes !





This is one of the book I like the most and would recommend to readers who intent to learn more about “ Behavioral Finance “ in a more practical and laymen terms.

A fascinating and practical manual: Looking at the ways we spend, save, borrow, invest, and waste money. It explain why so many otherwise savvy people make foolish financial choices ,like why investors are too quick to sell wining stocks and hold on to the losing shares , why borrower pay too much credit card interest and savers can’t save as much as they would like and why so many of us can’t control our spending.


Friday, 19 August 2016

Why Zebras Don’t get Ulcers.




One of the book which I read few times in “ My Book List “  was the one called “ More Than You Know “ from Michael J. Mauboussin , other than “ The Most Important Thing “ from Howard Marks.

According to Wikipedia : Michael J. Mauboussin  is managing director and head of Global Financial Strategies at Credit Suisse, where he advises clients on valuation and portfolio positioning, capital markets theory, competitive strategy analysis, and decision making. 


Thursday, 18 August 2016

My Investment Strategy : 3 Ts 3 Ms ( part 2)





Before I start to explain the 3rd and 4th elements, allow me to quote below from Warren Buffet which is very much related today’s blog post :