Posts by Andrew Stotz
‘Try Before You Buy’, If at All Possible
My Worst Investment Ever: The worst investment I have ever made in Thailand was buying land. I had the idea of building a house for my parents on a block in Cha-am, Phetchaburi province, at the southern end of the Kingdom’s central region.
Read MoreInterview with Anutin Charnvirakul of the Bhumjaithai Party 2016
This interview was from October 2016 when I sat down with Anutin Charnvirakul, the leader of the Bhumjaithai Party. What you find below is a summary of the hour-long conversation we had on Thai politics two and a half years ago.
Read MoreSingle Stock Not Best Choice for Long Position on Macro Trend
My Worst Investment Ever: I invested in a company operating in a dominant position of its segment within China’s processed–food chain. I liked the idea based on that processed food consumption typically rises alongside a country’s rise in income and urbanization.
Read MoreHard Lesson About Compounding – Could Have Been Better with Coke
My Worst Investment Ever: As an excited 17-year-old who had saved up a little more than US$2,000, I wanted to buy some stock. I held small amounts of two other stocks at the time, so I purchased Coca-Cola shares with the money I had saved.
Read MoreEinstein’s Eighth Wonder of the World
Ever heard someone say: “money doesn’t grow on trees”? I’m here to challenge that statement, and my argument is not that most money is made of paper. But rather what Einstein referred to as the eighth wonder of the world.
Read MoreHow Poor Execution Turns a Great Idea into the Worst Investment
My Worst Investment Ever: In early 2017, I was shown an opportunity to invest in a US$6.5m simple agreement for a future equity (SAFE) note issued by BuildDirect.com Technologies Inc., a $1bn Canadian e–commerce company.
Read MoreFutures Investor Takes Eyes Off the Ball and Pays the Price
My Worst Investment Ever: I had a short-term market speculative position on the Thailand Futures Exchange (TFEX) using a SET50 Futures contract. One day, the market slid around 10% because of political unrest, and I was on the losing side of the equation.
Read MoreWe Aren’t All Skinny nor Financially Independent
The news was shocking. It turns out her mother had only US$35,000 in her retirement account. An impossible amount to retire on. I learned that knowledge is not enough. Think of all the books about losing weight. The knowledge is there. So are we all skinny?
Read MoreThais Choose Calm over Confrontation, for Now
The first general election in Thailand since the 2014 coup d’état that installed General Prayut Chan-o-cha as the country’s leader revealed five core themes: First pro-military party, first anti-military party, Thaksin’s influence remains strong, Democrats are dead, and Thais want politicians with a backbone.
Read MoreFalse Hope, Poor Due Diligence Blinds Oil Industry Investor
My Worst Investment Ever: Overall, the investment in Cruise resulted in a return for me of around 125% for a 10-month investment and I was brimming with confidence of course at the prospect of such returns continuing.
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