Today, my family attended a party in an executive condominium (EC) development in Yishun. To those unfamiliar with Singapore, Yishun is a sub-urban area that is on the outskirts. It is pretty isolated by Singaporean standards. My wife got a little curious about property prices in the area. We took a look on property websites … Continue reading How do You Determine the Price of a Magic Box?
I did some quantitative analysis on Mastercard's financial stats and I came to the conclusion that it is a good investment. To walk through the steps, as usual, we take a look at the company's past history. To grow a company without raising capital, you either grow debt, or reinvest your profits. Let us make … Continue reading Mastercard and Discounted Cash Flow Analysis
As with each quarter, it is the time to take stock of my investments and portfolio. May was full of action. My portfolio value fell $14,000 in May when the US increased tariffs on Chinese goods. I proceeded to sell all my Singtel stocks to fund my purchase of OCBC and DBS stock. My portfolio … Continue reading The Investment Portfolio – Q2 2019
In this post, I describe a method for deciding when to sell a stock. I heard this strategy from my social circle. My mom uses it, my mother in law uses it, a few friends use it. Let's call it the Mom strategy. I am motivated to write this because I feel great sadness whenever … Continue reading My Mom’s Stock Strategy – A Guaranteed Way to Lose Money
Recently, a redditor asked me a tough question. Here it is. How do you measure or decide whether or not a company has a good management team? There are both qualitative and quantitative ways to look at this question. In simple words, you should look at the non tangible strengths of the manager as well … Continue reading How Do You Tell A Good Manager From A Bad One?
In this post, I talk about penny-wise-and-pound-foolish behavior, why it is bad and how we can avoid it. The phrase is used to describe somebody who is unable to make good decisions because they are blinded by small benefits. The imagery conveys someone rushing to pick up little pennies (or 1 cent coins). In their … Continue reading Penny Wise and Pound Foolish
In this article, I will cover the earnings yield, also know as the inverse of the PE ratio. If you already understand earnings yield and dividend yield as metrics to measure a company's stock performance, you can skip this article. I am motivated to write this because I had a difficult time explaining this topic … Continue reading The Earnings Yield for Dummies