Posts by Andrew Stotz
Futures 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.
Read More8 Value Investing Icons
Value investing is the idea that you can achieve superior investment performance through buying stocks at prices that appear to be below the “intrinsic value” of the business. The investor tries to estimate the intrinsic value of a business through a variety of means such as price-to-book, price-to-earnings, tangible assets value, dividend discount value, or free cash flow value.
Read MoreStart-Up Entrepreneur Runs out of Investment ‘Juice’
My Worst Investment Ever: My partner and I founded a business producing and delivering raw juices for detoxification. We had felt that this product would be a winner because a lot of people were signing up quickly once we had explained the many health benefits of raw-juice programs.
Read MoreAll Asian Markets Fell in 2018
Chart of the Day: Overall, all Asian markets fell in 2018. Besides Thailand, Hong Kong, and China, Asian currencies weakened against the USD. The two worst performers in 2018 were the best in 2017.
Read MoreBeing the Money Man for Friends
My Worst Investment Ever: My worst investment decision was an investment in a start-up company. I did not invest because I thought the company had a good idea but because I liked the people who were working there, and I didn’t feel I could say “no” to them.
Read MoreLack of Commitment Can Deal a Death Blow to an Investment
My Worst Investment Ever: I have invested in a couple of businesses that were unsuccessful, but my worst investment ever was in my own start-up business. My team had won a start-up competition a few years back. Our company was a web-based enterprise, but it failed for several reasons.
Read MoreConfessions of a Crypto Lemming
My Worst Investment Ever: My worst investment was when I jumped on the crypto-currency bandwagon. Even though I made some money out of it, I would personally consider it to be the worst investment I have made so far.
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