What makes a good investor? Legendary investors such as Warren Buffett or Peter Lynch may be the first person who comes to your mind. It is hard to argue against their success, but I wonder how many retail investors (even the professional ones) have the same discipline, focus and patience to stay the course through […]
Why Warren Buffett is richer than you
If you dropped or found 10 cents on the floor, would you pick up? Many people won’t, but Warren Buffett, the world’s richest person, certainly does. His concept is, with each penny you pick up, thousands of dollars will come to you in the future. I personally notice a lot of people do not bother to […]
How many billionaires are there in Singapore?
According to Wealth-X and UBS Billionaire Consensus 2013, Singapore has 27 billionaires, which makes it the fifth biggest billionaire population in Asia and 18th in the world. The typical Singapore billionaire is said to be mainly from the “finance, banking and investments sector” (I think they probably put real estate in investment because most of […]
How can you outperform Warren Buffett?
If you have not noticed, Warren Buffett has “underperformed” S&P 500 index in 2011. Buffett’s Berkshire Hathaway slipped 4.7% in 2011, while the Standard & Poor’s 500 index ended essentially unchanged. What would you have done to outperform Warren Buffett in 2011? Simple, Hold Cash! This reminds me of an interesting story. Recently, I was […]
What to do when Stock Market Crashed
Recently I wrote a blog post “Is Cash the King now” to express my view that investors should seize the opportunities due to recent stock market crash. Today I received a call from one of my friends. This guy is a DIY stock investor, he said he has lost thousands in the past few months and […]
Berkshire Hathaway AGM 2011 – Insights from Warren Buffett
On Saturday, April 30, 2011, Berkshire Hathaway Inc. held its Annual General Meeting in Omaha, Nebraska. An estimated 40,000 people gathered here to listen to Warren Buffett, 80, Berkshire’s Chairman and CEO. Below are some key insights from Warren Buffett which I find very relevant to Singapore Investors. Investing for the average person: “Consistently set aside money in index […]