by elmads “So many people spend their HEALTH gaining WEALTH, and then have to spend their WEALTH to regain their HEALTH”. -A.J Reb Materi Introduction This sums up the unhealthy pursuit of monetary wealth. An ironic and indeed tragic case that a person could ever experience. Individuals achieving sizeable amounts Read more
by elmads Introduction Fundamental analysis is a method of understanding the business’ financial statement, its health, its competitors and the market where the business operates. In short, the business economics of the company. In this digital and information age, understanding a specific business is not impossible anymore for a lay Read more
by elmads Introduction Every investor and trader has their own strategy. I’m a value investor, though its philosophies generally are the same for investors who follow this method of investing, the investment approach is still different for every single value investor. There are some who mixes value investing with price Read more
by elmads Introduction “There is something magical about running: after a certain distance, it transcends the body. Then a bit further, it transcends the mind. A bit further yet, and what you have before you, laid bare, is the soul.” -Kristin Armstrong I’ve been intentionally running for health purposes since Read more
by elmads Introduction This is a hypothetical question that some would think as a useless exercise. I couldn’t blame them because this a highly impossible scenario to happen, but what others don’t actually see is what lies beneath this question. It delves deeper into our own personal money decision making Read more
by elmads Introduction There are tenths to hundredths of metrics used in analysing not just businesses (equities) but also other assets. Metrics which can be overwhelming for both new and even advanced investors to understand, not to mention that not all metrics are even applicable for all businesses and industries. Read more
by elmads Introduction There is no perfect investment strategy for everyone, but there’s solely a strategy that specifically fits your time and your personality, your whole being. I didn’t specifically choose value investing because of external forces, it just so happens that value investing principles coincide with who I am. Read more
by elmads Introduction Value investing became a well known investment strategy all thanks to the two of the best investors of this generation, Warren Buffett and Charlie Munger. It’s due to their investing prowess, their years of experience and success in this field, that both greenhorns and experienced investors look Read more
by elmads Probabilistic Thinking “If you don’t get this elementary, but mildly unnatural, mathematics of elementary probability into your repertoire, then you go through a long life like a one-legged man in an ass-kicking contest.” -Charlie Munger Everyone of us has been doing probabilistic thinking since we were young, and Read more
by elmads “The more models we have, the better able we are to solve problems. But if we don’t have the models, we become the proverbial man with a hammer. To the man with a hammer, everything looks like a nail. If you only have one model, you will fit Read more