Posts by Andrew Stotz
Investment Parables – The Richest Man in Babylon
Though I personally find parables an annoying way of learning, the value of the messages within this book definitely stand the test of time. The richest man in Babylon’s secret is this, “A part of all you earn is yours to keep.” In other words, do not spend every penny you earn but invest it, and invest wisely.
Read MoreBusiness DNA: Building a Global Mega Brand
Mr. Dhawan has built a large, publicly-listed company that is the number one supplement maker in both Thailand and Myanmar—Mega Lifesciences. Through Mega’s Wellness We Care Center and We Care range of foods, the company has started a new segment which aims to reverse and prevent disease by providing customers with diet plans and products so they can eat right.
Read More4 Investment Lessons: Diversify, Diversify, Diversify, and Diversify
Book review of The Four Pillars of Investing: This book ranks 6 out of 22 in my personal rank of investing books. When read this book it provided further support for investing index funds, something that is suitable for nearly every investor.
Read MoreThailand Mourns Fallen King, Healing Will Take Some Time
His Majesty King Bhumibol Adulyadej (Rama IX) passed away at Siriraj Hospital in Bangkok today, 13 October 2016, at 3.52pm. Thailand is sailing into unchartered waters, considering that nearly everyone alive has only known one King and that his fiat power was immense, built up over years of devotion to the country.
We expect that the Thai stock market will be hurt in the near term, but will eventually stabilize.
Read MoreBusiness DNA: Private and Public Hospitals Are a Win-Win
Dr. Charoen Meensook co-founded Thainakarin Hospital in 1993. He helped the hospital survive the Asian financial crisis in 1997 by encouraging his employees to always do “their best and expect the results to follow.” And the hospital has come far since 1997…
Read MoreInvest Smartly, Choose Stocks for the Long Run
Book review of Stocks for the Long Run: I used this book as a desk reference, long before I had access to charts and data online. It helped me understand what type of long-term return that I should expect.
Read MoreDemystifying Investment Lingo – How to Buy Stocks
Book review of How to Buy Stocks: The value of this book for beginners is that it explains the main different investment options and what to expect when you put your money in them
Read MoreMake Indexing Your Investment Strategy
Book review of Malkiel’s A Random Walk Down Wall Street: Investors who don’t try to profit by predicting market shifts will do better in the long run with tax-favored savings and investment plans with a diversified portfolio built up of index funds, over speculators who try their hand at short-term predictions.
Read More10 Ways Ethics Adds Value to YOU
Within the financial world, there are many areas of focus such as accounting, economics, valuation, or derivatives. And, of course, there is ethics. I want to teach you 10 ways that ethics can add value to you.
Read MoreWhy We Stopped Performance Appraisals at CoffeeWORKS
Twenty years ago I co-founded a coffee roasting factory in Bangkok, Thailand while I was head of research at an investment bank in Bangkok. I learned more about investing and valuing businesses from that experience than I ever learned from all my studies of finance, including my CFA exams.
The most valuable thing I learned is that you get the most from employees when they love their jobs and respect their teammates and the people they work for.
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