VALUE INSIGHT

Thinking scientifically in a 'post-truth' world

IT SEEMS that we have lost the ability to process information. Or perhaps most of us weren't taught how to do it in school to begin with.

VALUE INSIGHT

Time to buy?

MOST countries around the world are in lockdown, with much of economic activities suspended. The modern economy needs money to flow in order to function. Without the flow, large swathes of companies are in danger of going bankrupt.

VALUE INSIGHTS

How to steady yourself in the face of a market meltdown

ALL hell seems to have broken loose since my last column when I noted that markets appeared eerily calm, with the US markets hitting record highs even as increasing numbers of confirmed Covid-19 cases were being reported. At that time, many of the cases were in Asia, primarily in China.

VALUE INSIGHTS

Investors are looking beyond the Covid-19 outbreak

MARKETS seem eerily calm, even as China continues to report thousands of new confirmed cases of coronavirus infections, or Covid-19, every day. The disease has spread to more than 20 countries globally, with new confirmed cases continuing to be reported daily.

VALUE INSIGHT

Investors are best served by ignoring market forecasters

IT IS the start of the new year, and the media and experts like to do outlook pieces. They make for interesting reading. Hopefully, the insight gleaned can help us navigate the markets better. But do such forecasts add value to one's investment process?

VALUE INSIGHT

Diversification - the psychological shield to better investment decisions

IN my last article, I showed that for the past 30 years or so, stock market outperformance has rotated from one region to another every six to ten years. On a three-year rolling basis, US markets have outperformed Asian markets for seven and a half years now. 

VALUE INSIGHT

The forgotten era of Asian outperformance

THE US markets are hitting record highs. The S&P 500 Index is up by about 23 per cent so far this year. "How to catch up?" I lamented during our recent internal meeting, given that our fund is Asian focused and Asian markets, weighed down by a multitude of issues, have been lagging...

VALUE INSIGHT

Beware of hidden or opportunity costs

I WAS at an event called Make Care Count last Saturday. Organised by the Association of Women for Action and Research (Aware), the event aimed to shine a spotlight on the financial burden of caregiving for older persons in Singapore: a burden that all too often falls upon women.

VALUE INSIGHT

Implications of a market dominated by passive funds

THE effects of education take time to manifest themselves. When I was a kid, my parents kept their savings in the bank. Even after I came to Singapore for my tertiary education, and subsequently as a working young adult, I kept my savings in fixed deposits in OCBC Bank and Maybank.

VALUE INSIGHT

Play by fair rules

HUMAN beings are unique in the animal kingdom, in that we are able to establish trust, cooperate and collaborate for mutual benefits.

VALUE INSIGHT

The future is unknowable

A COLLEAGUE shared that after completing his studies in the UK, he worked there for a while, and then made a brief stop in Australia, before settling in Singapore. 

VALUE INSIGHT

The psychology of growth versus value investing

IN his first book Security Analysis published in 1934, Benjamin Graham proposed a clear definition of investment that was distinguished from what he deemed speculation. It read: "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return....