Google

31 March 2017

 
OXLEY HOLDINGS LTD added 0.555

MAPLETREE COMMERCIAL TRUST TREA CO (REIT) reduced 1.53
MAPLETREE GREATER CHINA COMM TRUST reduced 1.02
STARHILL GLOBAL REAL ESTATE INV TST (REIT) reduced 0.76

Labels:


# posted by TopTrader @ Friday, March 31, 2017 0 comments

30 March 2017

 

Trade

SOILBUILD BUSINESS SPACE REIT (REIT) sold 0.67, no more

Labels:


# posted by TopTrader @ Thursday, March 30, 2017 0 comments
 

Trade

PARKWAY LIFE REAL ESTATE INVEST TST (REIT) reduced 2.55

Labels:


# posted by TopTrader @ Thursday, March 30, 2017 0 comments

28 March 2017

 

Trade

SINGAPORE O&G LTD sold 1.35, no more

Labels:


# posted by TopTrader @ Tuesday, March 28, 2017 0 comments

27 March 2017

 

Trades

SUNTEC REAL ESTATE INVESTMENT TRUST (REIT) sold 1.785, no more
OXLEY HOLDINGS LTD bought 0.55/0.555

Labels:


# posted by TopTrader @ Monday, March 27, 2017 0 comments

25 March 2017

 

Trades (24 Mar 2017)

OLAM INTERNATIONAL LIMITED added 1.86

SUNTEC REAL ESTATE INVESTMENT TRUST (REIT) reduced 1.78

Labels:


# posted by TopTrader @ Saturday, March 25, 2017 0 comments

23 March 2017

 

Trades

SINGAPORE POST LTD added 1.32
OLAM INTERNATIONAL LIMITED added 1.87

KEPPEL TELECOM & TRANSPORTATION reduced 1.87

Labels:


# posted by TopTrader @ Thursday, March 23, 2017 0 comments

22 March 2017

 

Trades

THAI BEVERAGE PUBLIC COMPANY LTD added 0.925
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF added 2.06
OLAM INTERNATIONAL LIMITED added 1.89
Q & M DENTAL GROUP (SINGAPORE) LTD added 0.685
RAFFLES MEDICAL GROUP (POST CONS) added 1.405
NOBLE GROUP added 0.189

KEPPEL TELECOM & TRANSPORTATION reduced 1.79

Labels:


# posted by TopTrader @ Wednesday, March 22, 2017 0 comments

21 March 2017

 

Trades

NOBLE GROUP added 0.191/0.192/0.193
RAFFLES MEDICAL GROUP added 1.405
Q & M DENTAL GROUP (SINGAPORE) LTD added 0.685
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF added 2.07

Labels:


# posted by TopTrader @ Tuesday, March 21, 2017 0 comments

20 March 2017

 

Trades

OLAM INTERNATIONAL LIMITED added 1.90
Q & M DENTAL GROUP (SINGAPORE) LTD added 0.685
RAFFLES MEDICAL GROUP added 1.405
VALUEMAX GROUP LIMITED added 0.26
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF added 2.07
NAM CHEONG LIMITED added 0.04

Labels:


# posted by TopTrader @ Monday, March 20, 2017 0 comments

17 March 2017

 

Trades (17 Mar 2017)

VALUEMAX GROUP LIMITED added 0.26
COGENT HOLDINGS LIMITED bought 0.735
THAI BEVERAGE PUBLIC COMPANY LTD added 0.925/0.935
ASCOTT RESIDENCE TRUST (REIT) added 1.06/1.065
NOBLE GROUP added 0.20/0.205
STARHILL GLOBAL REAL ESTATE INV TST (REIT) added 0.73
Q & M DENTAL GROUP (SINGAPORE) LTD bought 0.685

COMFORTDELGRO CORPORATION sold 2.54, no more

# posted by TopTrader @ Friday, March 17, 2017 0 comments
 

Trades (16 Mar 2017)

SINGAPORE POST LTD added 1.33
VALUEMAX GROUP LIMITED added 0.26
THAI BEVERAGE PUBLIC COMPANY LTD added 0.935
STARHILL GLOBAL REAL ESTATE INV TST (REIT) added 0.73
NOBLE GROUP added 0.20/0.205
ASCOTT RESIDENCE TRUST (REIT) added 1.07
JUMBO GROUP LIMITED added 0.675

Labels:


# posted by TopTrader @ Friday, March 17, 2017 0 comments
 

Trades (15 Mar 2017)

NOBLE GROUP added 0.205
ASCOTT RESIDENCE TRUST (REIT) added 1.075/1.08
THAI BEVERAGE PUBLIC COMPANY LTD added 0.935
JAPFA LTD added 0.80/0.805
OLAM INTERNATIONAL LIMITED added 1.93/1.94
SINGAPORE POST LTD added 1.33
WILMAR INTERNATIONAL LTD added 3.56
JUMBO GROUP LIMITED added 0.68

Labels:


# posted by TopTrader @ Friday, March 17, 2017 0 comments
 

7 Things To Think About When Resigning Your Position

by Kevin Sheridan

Here are the 7 best steps to follow when departing your employer:
1. Don’t pull a Johnny Paycheck. Telling your boss to “Take this job and shove it” will lead to nothing constructive and more than likely create a lasting negative reputation for years to come. Even if you work in a state that has an “at will” employment policy and you don’t legally need to give your employer any notice when you resign, the informal expectation is that you give two weeks’ notice.
2. Vent elsewhere. If you have to air your frustrations, do it elsewhere, like with your friends and family. When asked by coworkers why you are leaving, keep your explanation general in nature, and positive, such as, “I have an exciting opportunity to pursue” or “my new job is a better fit for my longer-term career objectives.”
3. Don’t burn bridges. Departing employees often think they will never use a previous employer as a reference, but they don’t realize some companies specifically ask for references from previous jobs, rather than from other sources. Aside from that, the stories of bad last-day behavior can live long, especially given the now common “backdoor reference checks” like those pioneered by industry leader SkillSurvey. Think long-term and recognize that your bosses, leaders, and coworkers could become future colleagues, bosses, or customers.
4. Achieve balance during your exit interview. If you choose to provide negative feedback, make sure it’s constructive. For example, “My boss never had time to meet with me or give me feedback about my performance. It would be helpful for employees if managers were tasked with quarterly one-on-one performance check-ins, even if they were only 15-minute meetings.” Try to give as much positive feedback about the company as you give negative feedback. Attempt to erase all emotion from the exit interview, remaining calm and objective.
5. Help others during the transition. One of the nicest things you can do is to help your replacement or other coworkers adopt your current projects and responsibilities. Train them and do not stop working to punitively let the work pile up on them.
6. Establish future connection. Set a lunch or drink date four to six weeks out with the colleagues you value most. This will also make the last day a little easier emotionally, since you all know you’ll see each other again soon. Also, make sure you get personal contact info so you don’t have to call your past employer to get in touch.
7. Take it to the finish line. It can be easy to mentally check out after you put in your two weeks, but recognize that your last paycheck will compensate you through your very last day of employment. You should keep working hard to earn that check just like you did before you decided to leave.
Follow these key steps and you will surely avoid an exit that will brandish a negative career-damaging reputation for you in the years to come.

Labels:


# posted by TopTrader @ Friday, March 17, 2017 0 comments

14 March 2017

 

Trades

WILMAR INTERNATIONAL LTD added 3.57/3.58/3.59
GOLDEN AGRI RESOURCES added 0.38
INDOFOOD AGRI RESOURCES LTD bought 0.515
QAF added 1.355
JAPFA LTD added 0.805/0.81
JUMBO GROUP LIMITED added 0.68/0.685
OLAM INTERNATIONAL LIMITED added 1.95
SINGAPORE POST LTD added 1.35
ASCOTT RESIDENCE TRUST (REIT) added 1.09

COMFORTDELGRO CORPORATION reduced 2.53

Labels:


# posted by TopTrader @ Tuesday, March 14, 2017 0 comments
 

Trades

SINGAPORE POST LTD added 1.35/1.355/1.36
OLAM INTERNATIONAL LIMITED added 1.96
JUMBO GROUP LIMITED added 0.68/0.685
QAF added 1.36
JAPFA LTD added 0.80/0.805
WILMAR INTERNATIONAL LTD added 3.58
ASCOTT RESIDENCE TRUST (REIT) added 1.09
RAFFLES MEDICAL GROUP added 1.405

Labels:


# posted by TopTrader @ Tuesday, March 14, 2017 0 comments

11 March 2017

 

14 surprising psychological reasons someone might fall in love with you

Love isn’t as mysterious as it seems. Kate Middleton and Prince William pictured.

Even on Valentine’s Day, love can be elusive.

But certain factors make it more likely that someone will be smitten with you.

We dug into years of psychological research to find those particular traits and behaviors. And in the process, we busted some myths and learned that certain clichés actually turn out to be true.

image: https://static-ssl.businessinsider.com/image/57718ef7910584155c8cbd52-960-720/.jpg


If you care about the environment
It’s easy being green – but only if you’re seeking something serious.

A 2016 study found that men and women who make eco-friendly purchases are perceived as more desirable for long-term relationships, while those who make luxury purchases are perceived as more physically attractive and more desirable for short-term relationships.

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you play hard to get
A 2014 study found that men in a speed-dating experiment wanted a woman more when she played hard-to-get by acting disinterested in the men’s questions. But these findings only applied in certain situations.

Specifically, the men had to feel “committed” to the woman, which in this study meant that they’d chosen her as their partner, instead of being assigned to her.

It’s also worth noting that, even though the men wanted the woman more when she played hard to get, they liked her less. Alas, love is complicated.

image: https://static-ssl.businessinsider.com/image/5735fb1291058426008c2a4d-960-720/.jpg


If you display the right facial expression
Happiness is generally attractive on women — but not so much on men.

In 2011, researchers conducted experiments on more than 1,000 people, showing them photographs of members of the opposite sex and asking them how attractive the people in the photos were.

Results showed that men rated women most attractive when they looked happy and least attractive when they displayed pride. Women, on the other hand, rated men most attractive when they displayed pride and least attractive when they looked happy.

Interestingly, shame was pretty attractive in both men and women.

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If they don’t know whether you like them
A little mystery might help you out on the dating front. 2011 research suggests that people like you more when they don’t know if you like them.

For the study, some women saw photos of men who had seen their Facebook profiles and really liked them. Other women saw photos of men who had seen their Facebook profiles and rated them average.

A third group of women saw photos of men who had seen their Facebook profiles — but the researchers didn’t reveal whether the men had liked them or not. (In reality, the researchers had made up all this information about who liked who.)

Sure enough, women liked the men most when it was unclear whether the men had liked their profiles.

image: https://static-ssl.businessinsider.com/image/56d4a1316e97c61e048ba6b9-960-720/.jpg


If you look similar enough to their current or last partner
We may all have a “type” — but women are more likely to adhere to it than men are.

In one 2011 study, researchers found that both men and women rated opposite-sex faces more attractive when they closely resembled their current or most recent partners. Men, however, were less attracted to faces that looked similar to their current partner than women were.

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you use a lot of hand gestures
Looking for love? Put yourself out there.

Literally — fill up the physical space around you with hand gestures and an expansive posture. In one 2016 study, researchers observed men and women in speed-dating sessions. Results showed that people were twice as likely to say that they wanted to see their partners again when those partners moved their hands and arms, compared to when their partners sat still.

For the same study, researchers set up profiles for men and women on a GPS-based dating app, showing them in both expansive and contractive postures. Sure enough, people were selected more often when they were pictured in expansive postures.

image: https://static-ssl.businessinsider.com/image/568163dde6183e263a8b4e23-960-720/.jpg


If you’re really, really similar to them
Decades of studies have shown that the cliché that “opposites attract” is totally off.

“Partners who are similar in broad dispositions, like personality, are more likely to feel the same way in their day-to-day lives,” said Gian Gonzaga, lead author of a study of couples who met on eHarmony. “This may make it easier for partners to understand each other.”

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you share three basic compatibilities
According to the work of Canadian psychologist Eric Berne, the best-matched couples vibe on three different levels.

His popular books about the model became best sellers, namely “The Games People Play.” Drawing somewhat on Sigmund Freud, his theory argued that every person has three “ego states“:

• The parent: What you’ve been taught

• The child: What you have felt

• The adult: What you have learned

When two people are really compatible, they connect along each tier. Couples therapist Peter Pearson gave us a few questions for figuring out compatibility at each level:

• The parent: Do you have similar values and beliefs about the world?

• The child: Do you have fun together? Can you be spontaneous? Do you think your partner’s hot? Do you like to travel together?

• The adult: Does each person think the other is bright? Are you good at solving problems together?

image: https://static-ssl.businessinsider.com/image/57719b3a91058428008cbfad-960-720/.jpg


If you stare into each other’s eyes for two minutes
University of Massachusetts psychologist Joan Kellerman asked 72 unacquainted undergrads to pair off and stare into each other’s eyes for two minutes.

“They later reported they had increased feelings of passionate love and affection towards the other person,” Scientific American reports. “This suggests that long periods of eye contact can connect you to someone and even ignite feelings of love inside you for that person you have never previously met.”

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you respond to their ‘bids’ for attention and they do the same for you
Starting — and growing — a relationship seems to largely depend on how people attend to one another.

Over 40 years of studying couples, psychologist John Gottman says it’s a matter of “bids.” For example, if a bird-loving wife points out to her husband that a goldfinch just flew landed in a nearby tree, he can “turn away” from her by dismissing the remark or “turn toward” her by sharing her enthusiasm.

As Emily Esfahani Smith reported in the Atlantic, the results of the “bids” are staggering: in one of Gottman’s studies of marriage, couples who divorced after six years had the “turn toward” reply 33% of the time, and the couples that were still together had the “turn toward” 87% of the time.

image: https://static-ssl.businessinsider.com/image/57719a849105844d018cc009-960-720/.jpg


If you smell right
A University of Southern California study of women who were ovulating suggested that some prefer the smell of t-shirts worn by men with high levels of testosterone.

This matched with other hormone-based instincts: Some women also preferred men with a strong jaw line when they were ovulating.

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you look like their opposite-sex parent
University of St. Andrews psychologist David Perrett and his colleagues found that some people are attracted to folks with the same hair and eye color of their opposite-sex parents, as well as the age range they saw at birth.

“We found that women born to ‘old’ parents (over 30) were less impressed by youth, and more attracted to age cues in male faces than women with ‘young’ parents (under 30),” the authors wrote. “For men, preferences for female faces were influenced by their mother’s age and not their father’s age, but only for long-term relationships.”

image: https://static-ssl.businessinsider.com/image/56facc4a9105844e018b9720-960-720/.jpg


If you take care of a dog
In a 2014 experiment, 100 Israeli women read vignettes about men.

Whenever the story featured a man who owned a dog, women rated that man as a more suitable long-term partner than a cad who didn’t own a dog.

The researchers concluded that owning a pet signals that you’re nurturing and capable of making long-term commitments. It can also help you appear more relaxed, approachable, and happy.

Not into pet ownership? The good news is simply being seen with a dog can make you seem more dateable. In one 2008 study, a 20-year-old man approached hundreds of women and asked for their phone numbers. When he had a dog with him, he was much more likely to score their digits.

image: http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/

If you are equally or less good-looking compared to them
In a 1996 study, each participant was rated on physical attractiveness and then randomly assigned to date another participant. Then, participants were asked to rate their satisfaction with their dates. The participants who were more attractive were harsher in their judgments — even if they were both equally attractive. The better looking someone was, the less satisfied they were likely to be.

But this only applies to the really attractive people. For the rest of us, according to the matching hypothesis, we are more likely to love those who are equally as attractive as we are.

This is an update of an article written by Drake Baer for Tech Insider.


Read more at http://www.businessinsider.sg/psychological-reasons-people-fall-in-love-2017-2/#y7LsA8VVEdMC9MhJ.99

Labels:


# posted by TopTrader @ Saturday, March 11, 2017 0 comments
 

16 brilliant quotes from Charlie Munger

Charlie Munger dropped out of college, served as a meteorologist in the US Army Air Corps, and graduated from Harvard Law.

And then he met Warren Buffett, and the rest is history.

As vice chairman of Berkshire Hathaway, Munger is Buffett’s right-hand man. He has an estimated net worth of $1.51 billion.

Like Buffett, Munger is incredibly sharp in his wit and investing wisdom. You might even argue that his words are more blunt and unfiltered than Buffett’s.

We compiled a list of Munger’s most insightful quotes about investing, business, and life.

Invest in a business that any fool can run.
image: https://static-ssl.businessinsider.com/image/58bd947446017824008b504c-960-720/invest-in-a-business-that-any-fool-can-run.jpg


“Invest in a business any fool can run, because someday a fool will. If it won’t stand a little mismanagement, it’s not much of a business. We’re not looking for mismanagement, even if we can withstand it.“



Source: Berkshire Hathaway 2009 meeting via Buffett FAQ

There’s only one way to the top: hard work.
image: https://static-ssl.businessinsider.com/image/58bd9060be9673c7398b4bc1-960-720/theres-only-one-way-to-the-top-hard-work.jpg


“Obviously if you want to get good at something which is competitive, you have to think about it and practice a lot. You have to keep learning because [the] world keeps changing and competitors keep learning. You have to go to bed wiser than you got up. As you try to master what you are trying to do — people who do that almost never fail utterly. Very few have ever failed with that approach. You may rise slowly, but you are sure to rise.”



Source: Berkshire Hathaway 2010 meeting via Buffett FAQ

Overestimating your intelligence could be a major pitfall.
image: https://static-ssl.businessinsider.com/image/56782c202340f8b0008b7259-960-720/overestimating-your-intelligence-could-be-a-major-pitfall.jpg


“If you think your IQ is 160 but it’s 150, you’re a disaster. It’s much better to have a 130 IQ and think it’s 120.“



Source: Berkshire Hathaway 2009 meeting via The Daily Beast

Smart people do dumb things.
image: https://static-ssl.businessinsider.com/image/58bd849cbe9673cd018b500f-960-720/smart-people-do-dumb-things.jpg


“We recognized early on that very smart people do very dumb things, and we wanted to know why and who, so we could avoid them.”



Source: Berkshire Hathaway 2007 meeting via Buffett FAQ

Do what you like and are good at.
image: https://static-ssl.businessinsider.com/image/58bd84844601781d008b4f9d-960-720/do-what-you-like-and-are-good-at.jpg


“You’ll do better if you have passion for something in which you have aptitude. If Warren had gone into ballet, no one would have heard of him.”



Source: Berkshire Hathaway 2008 meeting via Buffett FAQ

It’s “crazy” for an expert to diversify.
image: https://static-ssl.businessinsider.com/image/58bd9442460178471c8b4d8d-960-720/its-crazy-for-an-expert-to-diversify.jpg


“Students learn corporate finance at business schools. They are taught that the whole secret is diversification. But the exact rule is the opposite. The ‘know-nothing’ investor should practice diversification, but it is crazy if you are an expert. The goal of investment is to find situations where it is safe not to diversify. If you only put 20% into the opportunity of a life-time, you are not being rational. Very seldom do we get to buy as much of any good idea as we would like to.“



Source: Berkshire Hathaway 2008 meeting via Buffett FAQ

If you’re lazy and unreliable, it doesn’t even matter what you’re good at.
image: https://static-ssl.businessinsider.com/image/56782a6b2340f8fb008b71c2-960-720/if-youre-lazy-and-unreliable-it-doesnt-even-matter-what-youre-good-at.jpg


“What do you want to avoid? Such an easy answer: sloth and unreliability. If you’re unreliable, it doesn’t matter what your virtues are. You’re going to crater immediately. Doing what you have faithfully engaged to do should be an automatic part of your conduct. You want to avoid sloth and unreliability.“



Source: Charlie Munger’s USC Law Commencement Speech, May 2007

Life will knock you down, but you can get back up and learn from it.
image: https://static-ssl.businessinsider.com/image/58bd933546017824008b503f-960-720/life-will-knock-you-down-but-you-can-get-back-up-and-learn-from-it.jpg


“Life will have terrible blows in it, horrible blows, unfair blows. It doesn’t matter. And some people recover and others don’t. And there I think the attitude of Epictetus is the best. He thought that every missed chance in life was an opportunity to behave well, every missed chance in life was an opportunity to learn something, and that your duty was not to be submerged in self-pity, but to utilize the terrible blow in constructive fashion. That is a very good idea.“



Source: Charlie Munger’s USC Law Commencement Speech, May 2007

Keep it simple.
image: https://static-ssl.businessinsider.com/image/58bd966e460178ad528b497d-960-720/keep-it-simple.jpg


“Well, opportunity cost is a huge filter in life. If you’ve got two suitors who are eager to have you, but one is way better than the other, you’re going to choose that one rather than the other. That’s the way we filter stock buying opportunities. Our ideas are so simple. People keep asking us for mysteries, but all we have are the most elementary ideas.“



Source: Berkshire Hathaway 1997 meeting via Buffett FAQ

Self-pity doesn’t solve anything.
image: https://static-ssl.businessinsider.com/image/58bd86b9be967324008b5062-960-720/self-pity-doesnt-solve-anything.jpg


“Generally speaking, envy, resentment, revenge and self-pity are disastrous modes of thought. Self-pity gets fairly close to paranoia, and paranoia is one of the very hardest things to reverse. You do not want to drift into self-pity. … Self-pity will not improve the situation.”



Source: Charlie Munger’s USC Law Commencement Speech, May 2007

There are lots of smart people. But there are few that can think about things that have never been thought about before.
image: https://static-ssl.businessinsider.com/image/58bd96a7be96731c008b50f4-960-720/there-are-lots-of-smart-people-but-there-are-few-that-can-think-about-things-that-have-never-been-thought-about-before.jpg


“It reminds me of the young guy who went up to Mozart and said, ‘I’d like to write symphonies.’ When Mozart said, ‘You’re too young,’ the young man replied, ‘But you were young when you started.’ Mozart pointed out, ‘Yes, but I wasn’t asking anyone else for advice on how to do it.’”



Source: Berkshire Hathaway 2006 meeting via Buffett FAQ

The greatest minds are in books, not classrooms.
image: https://static-ssl.businessinsider.com/image/58bd86e7be96739a048b4f9f-960-720/the-greatest-minds-are-in-books-not-classrooms.jpg


“I met the towering intellectuals in books, not in the classroom, which is natural. I can’t remember when I first read Ben Franklin. I had Thomas Jefferson over my bed at seven or eight. My family was into all that stuff, getting ahead through discipline, knowledge, and self-control.”



Source: “Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger“

I got 99 problems, and optimistic accounting is all of them.
image: https://static-ssl.businessinsider.com/image/58bd8dc5460178471c8b4d4e-960-720/i-got-99-problems-and-optimistic-accounting-is-all-of-them.jpg


Ninety-nine percent “of the troubles that threaten our civilization come from too optimistic accounting. And yet these damn accountants with their desire for mathematical purity want to devote exactly as much attention to accounting that is too pessimistic as they do to accounting that is too optimistic — which is crazy. [Ninety-nine percent] of the problems come from being too optimistic. Therefore, we should have a system where the accounting is way more conservative.“



Source: University of Michigan discussion

Keep a close eye on the assets.
image: https://static-ssl.businessinsider.com/image/58bd8e89460178ff018b4fc7-960-720/keep-a-close-eye-on-the-assets.jpg


“The liabilities are always 100% good. It’s the assets you have to worry about.“



Source: 2008 Wesco Financial annual meeting, quoted in Stanford Business School paper

If Mozart couldn’t get away with it, then neither can you.
image: https://static-ssl.businessinsider.com/image/58bd8eb7460178ad528b491d-960-720/if-mozart-couldnt-get-away-with-it-then-neither-can-you.jpg


“Another thing that does one in, of course, is the self-serving bias to which we’re all subject. You think the ‘True Little Me’ is entitled to do what it wants to do. And, for instance, why shouldn’t the True Little Me overspend my income. There once was a man who became the most famous composer in the world but was utterly miserable most of the time, and one of the reasons was because he always overspent his income. That was Mozart. If Mozart can’t get by with this kind of asinine conduct, I don’t think you should try.”



Source: Charlie Munger’s USC Law Commencement Speech, May 2007

In the future, someone will come along and do even better.
image: https://static-ssl.businessinsider.com/image/58bd8ed046017818038b5002-960-720/in-the-future-someone-will-come-along-and-do-even-better.jpg


“Ben Graham was a truly formidable mind, and he also had a clarity in writing, and we talk over and over again about the power of a few simple ideas thoroughly assimilated, and that happened with Graham’s ideas which came to me indirectly through Warren, but some also directly from Graham. The interesting thing for me is that Buffett the former protégé — by the way Buffett was the best student Graham had in 30 years of teaching at Columbia — became better than Graham. That’s the natural outcome — as Milton said, ‘If I’ve seen a little farther than other men, it’s by standing on the shoulders of giants.’ So, Warren stood on Ben’s shoulders, but he ended up seeing more than Ben. No doubt somebody will come along and do a lot better than we have.”


Read more at http://www.businessinsider.sg/charles-munger-quotes-investing-2017-3/#fEEvQHXmEpBFASKb.99

Labels:


# posted by TopTrader @ Saturday, March 11, 2017 0 comments

10 March 2017

 

Trades

WILMAR INTERNATIONAL LTD added 3.57/3.58
RAFFLES MEDICAL GROUP added 1.40/1.405
GOLDEN AGRI RESOURCES added 0.375
OLAM INTERNATIONAL LIMITED added 1.96
SINGAPORE POST LTD added 1.36
ASCOTT RESIDENCE TRUST (REIT) bought 1.085
JAPFA LTD added 0.81
MAPLETREE COMMERCIAL TRUST added 1.465
ASCENDAS INDIA TRUST UNITS added 1.06
QAF added 1.345
JUMBO GROUP LIMITED added 0.685

OUE LIMITED reduced 2.13

Labels:


# posted by TopTrader @ Friday, March 10, 2017 0 comments

09 March 2017

 

Trades

SINGAPORE POST LTD added 1.36/1.365/1.37
MAPLETREE COMMERCIAL TRUST added 1.475/1.48/1.485
JUMBO GROUP LIMITED added 0.69
WILMAR INTERNATIONAL LTD added 3.59/3.60
JAPFA LTD added 0.835/0.84
QAF bought 1.35
METRO HOLDINGS LTD bought 1.11
RAFFLES MEDICAL GROUP bought 1.405
OLAM INTERNATIONAL LIMITED bought 1.98

Labels:


# posted by TopTrader @ Thursday, March 09, 2017 0 comments

08 March 2017

 

Trades

Wilmar added 3.59/3.60
Jumbo added 0.69/0.695/0.70/0.705/0.71
SingPost added 1.365
Singapore O&G bought 1.22

Labels:


# posted by TopTrader @ Wednesday, March 08, 2017 0 comments

07 March 2017

 

Trades

SINGAPORE POST LTD added 1.365/1.37
JUMBO GROUP LIMITED added 0.70/0.705
WILMAR INTERNATIONAL LTD added 3.59/3.60
GOLDEN AGRI RESOURCES added 0.375
JAPFA LTD added 0.835

Labels:


# posted by TopTrader @ Tuesday, March 07, 2017 0 comments

06 March 2017

 

Dr Tee：与胡立阳在新加坡会面后的感想

以下为我们的观点的相同之处：

一、牛市的最后阶段

我们都认为，市场正进入牛市的最后阶段。笔者认为，美国和世界股市已分别来到第三级和第四级的乐观水平，胡立阳先生则主要是根据利率周期来判断。他说：“牛市会在利率下跌时开始，在美国加息后的约一至两年内结束。”

二、债市的危险信号

我们都认为债券市场正面对颇高的风险，因为债券获益率一直处于低水平。当债券获益率达到3%时（美国10年期国债的获益率目前已超过2%），资金就会从债市流入股市和房地产市场，并可能使投资泡沫形成。

三、市场周期投资法

胡先生和笔者都相信市场周期理论。胡先生用的是“钟摆理论”，即市场会从高位摆荡到低位，并从低位摆荡到高位，有时还会过度调整。笔者则是用自创的乐观策略（Optimism strategy）来判断市场正面对风险（乐观指数大于75%）还是出现了机会（乐观指数小于25%）。虽然我们用的理论不同，但原则却一样，那就是根据经济周期的变化低买高卖。

以下为我们的观点的不同之处：

一、全球金融危机何时会再发生？

胡立阳先生一直以来都会尝试预测全球金融危机会在何时发生。几年前，他曾预测危机可能会在2013年或2014年发生。这回他预测“计时炸弹”可能会在2019年引爆。由于一些国家在过去多年来实行量化宽松政策，同时将利率调低至接近0%的水平，当前的市场周期变得比较长。笔者可以理解为何胡先生仍尝试预测未来，因为许多散户都希望能洞察先机。

笔者则认为，市场周期的长短是无法预测的，一切都要看乐观指数是否会达到75%至100%的危险区域。笔者认为，我们大可以乐观指数作为依据，而不用去预测未来。

但如果美国股市像中国股市那样，股指会在一年内翻倍，那市场周期就会比较短。这是笔者Ein55投资法的其中一招（胡立阳先生也有其100招）。乐观指数是市场的温度计。我们无法知道自己几时会发烧，但温度计可令我们知道自己是否发烧了。

发烧时，我们会吃退烧药。虽然我们无法知道下一场危机会在何时发生，但我们可以利用乐观策略来探测“市场的温度”。

我们能以乐观指数来判断市场是否发烧（75%）或者发高烧（100%），但要投资者在“发烧”时套利就不容易。依笔者过去观察到的情况看来，当市场发烧时，许多投资者反而会“增加注码”，结果在市场泡沫爆破时损失掉他们原本累积到的财富。

二、买卖股票的成功要素

胡立阳先生认为，股票只有三种可能：上涨、持平或下跌。他主要会用技术分析来判断股价走势，基本或业务分析相对没那么重要。他会用“资金分析法”来判断经济周期对资金流向的影响，再结合技术分析来预测大市的高位和低位，以及进出场的时机。

笔者则认为，要成功地买卖股票并获利，要结合三大要素，即基本分析、技术分析和个人分析。投资者应采用乐观策略，再进行基本、技术和个人分析，才能够稳操胜券。

笔者认为，投资者应根据自己的性格来制定策略。投资者的类型包括：短期交易员（每隔几周买卖）、中期交易员（每隔几个月买卖）、长期投资者（每隔几年买卖）、终身投资者（只买不卖）。

巴菲特、罗杰斯、胡立阳等投资高手都有各自的赚钱方法，但我们未必能直接“抄”他们的策略，除非我们的思考模式跟他们一样。正因如此，笔者的Ein55投资法强调，无论是进行短线和长线投资，都要进行基本分析、技术分析、个人分析和经济分析，针对个人的特点制定交易和投资策略。

# posted by TopTrader @ Monday, March 06, 2017 0 comments
 

Lateral Thinking - A few Examples

Most people think using a standard thinking pattern, and this makes it difficult for them to see any other solution other than the obvious one.
But some people think in a more creative way because they have developed lateral thinking skills. Let’s check how developed your lateral thinking is! Bright Side offers you some riddles that will test your ability to think differently.

1. The man in the elevator

© Thomas_C_Rosenthal
A man lives on the 10th floor of a building. Every day he takes the elevator down to the ground floor to go to work or to go shopping. When he comes back he takes the elevator to the 7th floor and then takes the stairs to reach his apartment on the 10th floor.
Why does he do so?
The man suffers from dwarfism, and he can only reach the button for the 7th floor in the elevator.
2. The man in the bar
A man walks into a bar and asks the bartender to give him a glass of water. The bartender starts to look for something under the bar. All of a sudden he brings out a gun and points it at the man. The man says, "Thank you," and leaves.
The man had hiccups, and the bartender decided to scare the hiccups away instead of giving him water.
3. Death in a field

© Peter Dargatz / Pixabay
A man is lying dead in a field. There is an unopened package next to him and no other creature around. How did he die?
Hint: The man knew he was going to die as he approached the surface of the earth.
The man jumped from a plane, but his parachute didn’t open. This was the unopened package lying next to him.
4. Anthony and Cleopatra
Anthony and Cleopatra are found dead on the floor of a villa in Egypt. There are pieces of broken glass nearby. The only witness is a dog. They were not poisoned and there were no marks on their bodies.
How did they die?
Anthony and Cleopatra were two goldfish whose fish tank was broken by the dog.
5. The coal, the carrot, and the hat
Five pieces of coal, a carrot, and a hat are lying on the lawn of a garden. Nobody put them there, but there is a perfectly logical reason why they are there. What is it?
They were parts of a snowman that melted.
6. Trouble with sons
A woman gave birth to two sons who were born in the same hour of the same day of the same year. But they were not twins.
How could this be?
They were not twins but triplets!
7. The man and the car

© Unsplash
A man pushes his car. He stops in front of a hotel, and at this very moment he goes bankrupt.
Why?
The man is playing Monopoly.
8. Adam and Eve
A man dies and goes to heaven. There are thousands of other people there, and they are all naked. He looks around to see if he can recognize someone. He sees a couple and somehow realizes immediately that they are Adam and Eve.
How come?
He recognized Adam and Eve as they were the only people without navels.
9. Five men
Five men are walking. It starts to rain. Four of them pick up the pace. The fifth man makes no effort to escape the rain and stays dry. The other four, on the contrary, get wet anyway. The five arrive at their destination together. How could this be?
Hint: Not all of them went there by foot.
Four men were pallbearers, and the fifth one was in the coffin.
10. World War I

© Defence-Imagery / Pixabay
At the beginning of World War I, the uniform of the British soldiers included a brown cloth cap. As the war went on, the British officials became more and more concerned about the growing number of soldiers suffering from head injuries. They decided to replace the cloth cap with a metal helmet. However, to their surprise, the number of soldiers with head injuries grew even more, although the intensity of the battles was the same before and after the change. So why did the number of head injuries per battalion increase even though all the soldiers were wearing metal helmets instead of cloth caps?
The number of head injuries increased because the number of deaths decreased. Before metal helmets, if a soldier was shot in the head by a bullet or a piece of shrapnel it would penetrate his cap and kill him. This would have been registered as a death, not a wound. After metal helmets were introduced, the bullets caused injuries rather than deaths. Therefore, the number of head injuries increased while the number of deaths decreased.
11. The Mongolian postal service
The Mongolian postal service has a very strict rule about items being sent: their length must not exceed one meter. Longer items must be sent by private services which is more expensive, plus they often lose parcels and packages. Boris had to send his valuable possession — an ancient flute — through the postal service. Unfortunately, it was 1.4 meters long and could not be disassembled. It was one long hollow piece of ebony. Eventually, he sent it through the Mongolian postal service. What did he do?
Boris placed the flute diagonally in a box of 1 meter by 1 meter. Such a box was accepted by the postal officials as its sides measured 1 meter. From corner to corner, it measured 1.414 meters: the square root of two.

Labels:


# posted by TopTrader @ Monday, March 06, 2017 0 comments
 

Trades

GOLDEN AGRI RESOURCES added 0.375
WILMAR INTERNATIONAL LTD added 3.62/3.63
JUMBO GROUP LIMITED added 0.70/0.705/0.71
JAPFA LTD added 0.88/0.885
SINGAPORE POST LTD added 1.38

KEPPEL CORP reduced 7.21

Labels:


# posted by TopTrader @ Monday, March 06, 2017 0 comments

03 March 2017

 

Trades

GOLDEN AGRI RESOURCES added 0.375/0.38
JAPFA LTD added 0.895
SINGAPORE POST LTD added 1.375
JUMBO GROUP LIMITED added 0.70

WILMAR INTERNATIONAL LTD bought 3.63

Labels:


# posted by TopTrader @ Friday, March 03, 2017 0 comments

02 March 2017

 

Trades

JUMBO GROUP LIMITED added 0.705/0.71
JAPFA LTD added 0.92/0.925/0.93
GOLDEN AGRI RESOURCES added 0.38
SINGAPORE POST LTD added 1.38

KepCorp reduced 7.12

Labels:


# posted by TopTrader @ Thursday, March 02, 2017 0 comments
 

Trades (01 Mar 2017)

JAPFA LTD added 0.93/0.935/0.94/0.945
JUMBO GROUP LIMITED added 0.71/0.715
GOLDEN AGRI RESOURCES added 0.38

KEPPEL CORP reduced 6.99

Labels:


# posted by TopTrader @ Thursday, March 02, 2017 0 comments
 

50 Vital Investment Quotes for Financial Success

He who wishes to be rich in a day
will be hanged in a year.
Leonardo da Vinci
(1452-1519, Italian polymath, painter, sculptor, architect,
engineer, inventor, anatomist, botanist, and writer)
All that glitters is not gold.
William Shakespeare
(1564-1616, English poet, playwright and actor)
An investment in knowledge pays the best interest.
Benjamin Franklin
(1706-1790, political theorist, scientist, and inventor)
The wise man puts all his eggs in one basket
and watches the basket.
Andrew Carnegie
(1835-1919, Scottish American industrialist
who led the enormous expansion of the American steel industry)
Opportunity is missed by most people
because it is dressed in overalls
and looks like work.
Thomas Edison
(1847-1931, American inventor and businessman)
When everything seems to be going against you,
remember that the airplane takes off against the wind,
not with it.
Henry Ford
(1863-1947, American industrialist)
Never let a poor man
advise you on your investments.
Spanish Proverb

Markets can remain irrational longer
than you can remain solvent.
John Maynard Keynes
(1883-1946, British economist and author)
Investment Quote: When buying shares, ask yourself, would you buy the whole company - Rene RivkinCollage of Shutterstock images; Foreground: alphaspirit, Background: Michael Leslie
The market does not beat them.
They beat themselves,
because though they have brains
they cannot sit tight.
Jesse Lauriston Livermore,
also known “Great Bear of Wall Street”
(1877-1940, American stock trader)
Buy when everyone else is selling and
hold when everyone else is buying.
This is not merely a catchy slogan.
It is the very essence of successful investments.
Jean Paul Getty
(1892-1976, Anglo-American industrialist)
Seek advice on risk from the wealthy,
who still take risks,
not friends
who dare nothing more than a football bet.
Jean Paul Getty
(1892-1976, Anglo-American industrialist)
The individual investor should act consistently
as an investor and not as a speculator.
Benjamin Graham
(1894-1976, British-born American professional investor,
considered the father of value investing)
Hand of business man dropping coins into other handGreat promisers, bad paymasters.
Dutch Proverb

The investor’s chief problem
and even his worst enemy
is likely to be himself.
Benjamin Graham
(1894-1976, British-born American professional investor,
considered the father of value investing)
Investment Quote: An investment in knowledge pays the best interest - Benjamin FranklinCollage of Shutterstock images; Foreground: Wallenrock, Background: Alexey Rozhanovsky
In the short run,
the market is a voting machine,
but in the long run
it is a weighing machine.
Benjamin Graham
(1894-1976, British-born American professional investor,
considered the father of value investing)
How many millionaires do you know
who have become wealthy
by investing in savings accounts?
I rest my case.
Robert Gray Allen
(1902-1963, American businessman)
Columbus did not seek a new route to the Indies
in response to a majority directive.
Milton Friedman
(1912-2006, American economist and statistician)
The four most dangerous words in investing are:
‘This time it’s different’
Sir John Marks Templeton
(1912-2008, American-born British stock investor)
Investing should be more
like watching paint dry or watching grass grow.
If you want excitement,
… go to Las Vegas.
Paul Anthony Samuelson
(1915-2009, American economist,
won the Nobel Memorial Prize in Economic Sciences)
Puppy counting goldfish jumping into a bowl from a laptopVenture a small fish to catch a great one.
Latin Proverb

Only those who are asleep
make no mistakes.
Ingvar Kamprad
(*1926, Swedish business magnate, founder of IKEA)
Investment Quote: Never let a poor man advise you on your investments - Spanish ProverbImage: Sergei Primakov (Shutterstock)
If you’re going to hunt elephants,
don’t get off the trail for a rabbit.
T. Boone Pickens
(*1928, American business magnate and financier)
Don’t look for the needle in the haystack.
Just buy the haystack!
Jack Bogle
(*1929, founder and retired CEO of The Vanguard Group)
The rich invest in time,
the poor invest in money.
Warren Edward Buffett
(*1930, American business magnate)
Only buy something
that you’d be perfectly happy to hold
if the market shut down for 10 years.
Warren Edward Buffett
(*1930, American business magnate)
When investing,
pessimism is your friend,
euphoria the enemy.
Warren Edward Buffett
(*1930, American business magnate)
Risk comes from not knowing
what you’re doing.
Warren Edward Buffett
(*1930, American business magnate)
Happy man fondles his money tree houseplantWhen the deal is done, discuss it no more;
it is difficult to collect dispersed water.
Chinese Proverb

The investor of today does not profit
from yesterday’s growth.
Warren Edward Buffett
(*1930, American business magnate)
Investment quote: The rich invest in time, the poor invest in money - Warren BuffettCollage of Shutterstock images; Foreground: Jason Stitt, Background: worradirek
If investing is entertaining,
if you’re having fun,
you’re probably not making money.
Good investing is boring.
George Soros
(*1930, Hungarian-born American business magnate)
Unfortunately, the more complex the system,
the greater the room for error.
George Soros
(*1930, Hungarian-born American business magnate)
There are no rules about investment.
Sharks can be good.
Artist’s dung can be good.
Oil on canvas can be good.
Charles Saatchi
(*1943, British businessman)
It’s one of the most important
things at the end of the day,
being able to say no to an investment.
Henry R. Kravis
(*1944, American businessman)
When buying shares, ask yourself,
would you buy the whole company?
Rene Rivkin
(1944-2005, Australian investor and stockbroker)
Portrait of a greedy man grabbing to his moneyGreedy people try to get rich quick
but don’t realize they’re headed for poverty.
Proverbs 28:22

Know what you own,
and know why you own it.
Peter Lynch
(*1944, American businessman and stock investor)
Investment Quote: In investing, what is comfortable is rarely profitable - Robert D. ArnottCollage of Shutterstock images; Foreground: Dim Dimich , Background: Lucia Pitter
The worst thing you can do is
to invest in companies you know nothing about.
Peter Lynch
(*1944, American businessman and stock investor)
Although it’s easy to forget sometimes,
a share is not a lottery ticket.
It’s part ownership of a business.
Peter Lynch
(*1944, American businessman and stock investor)
Smart investing doesn’t consist
of buying good assets,
but of buying assets well.
This is a very, very important distinction
that very, very few people understand.
Howard Marks
(*1946, American investor and writer)
Sometimes your best investments
are the ones you don’t make.
Donald John Trump, Sr.
(*1946, American business magnate, investor, and author)
In the world of money and investing,
you must learn to control your emotions.
Robert Toru Kiyosaki, Rich Dad
(*1947, American investor and financial literacy activist)
Attractive brunette woman with a mouthful of cashYou get what you pay for.
English Proverb

It’s human nature to blame someone else
for your shortcomings or upsets.
Robert Toru Kiyosaki, A.K.A. “Rich Dad”
(*1947, American investor and financial literacy activist)
Investment Quote: If you’re going to hunt elephants, don’t get off the trail for a rabbit -T. Boone PickensCollage of Shutterstock images; Foreground: CoraMax, Background: Pavelk
Persist – don’t take no for an answer.
If you’re happy to sit at your desk
and not take any risk,
you’ll be sitting at your desk for the next 20 years.
David Rubenstein
(*1949, American financier and philanthropist)
Most investors want to do today
what they should have done yesterday.
Lawrence Henry “Larry” Summers
(*1954, American economist and Harvard University professor)
In investing, what is comfortable is rarely profitable.
Robert D. Arnott
(*1954, American entrepreneur, investor, and writer)
Invest in yourself.
Your career is the engine of your wealth.
Paul Clitheroe
(*1955, Australian financial analyst and financial advisor)
Investors have very short memories.
Roman Abramovich
(*1966, Russian businessman, investor and politician)
An investor without investment objectives
is like a traveller without a destination.
Ralph Seger
(*??, American retired Chartered Financial Analyst)
Justice blindfolded with money on a scaleFortune and misfortune are two buckets in the same well.
German Proverb

Labels:


# posted by TopTrader @ Thursday, March 02, 2017 0 comments

This page is powered by Blogger. Isn't yours?