CYH

We cannot expect businessmen to operate out of benevolence but we also cannot expect goodwill from customers

Adam Smith was spot on to observe that people do not start businesses out of altruism. They start out of their self-interest. But this is what made capitalism work because trade and transactions could happen – the...

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New and Old Economies

Tech is currently driving the world’s economy while finance is taking a passenger seat. This is even more evident during Covid-19 – tech adoption was accelerated as consumer behaviours were reshaped....

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We use calendars and email wrongly

We are often slaves to office productivity programs. Here are two examples. #1 – Calendars: We schedule interruptions rather than our important work. Eric Barker said the following (from his book, Barking Up the...

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Forget permission and validation. Believe in what you do and do it.

Most people wait for permission to do something. They do it only when their bosses, parents, partners, friends, idols, or governments tell them to. Without which, they will be mindless and engage in pleasure to pass...

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Tracking calories worked for me

I found myself gaining weight with each passing year. The last time I had my six-pack abs was probably during my NS days. I haven’t seen them for more than a decade. Not that I really desire the abs but a protruding...

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Various Investing Religions

If religions are our beliefs of the world, investing strategies are our beliefs of the markets. You are not suppose to criticise someone else’s religion because he may get extremely upset. He might even hurt you...

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Why people pay for investment courses?

David Perell posted something close to my heart as I run courses and charge attendees for them. There are always people who don’t believe it is worthwhile to pay for self-development courses because everything is...

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We are playing an infinite game and rules have to be changed to combat Covid-19

The responses to Covid-19 have been unprecedented. The Fed announced unlimited QE and buying corporate and municipal bonds. The Singapore government have announced that contractual obligations are suspended for a...

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Financial education is not a silver bullet for financially irresponsible individuals

A pawn shop executive was interviewed on TV. She observed customers often redeem their pawned items during periods where the government has given out the handouts. But they subsequently return to pawn their items one to...

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