Posts by Andrew Stotz
No-Nonsense Advice for Your Financial Future
The Investor’s Manifesto does a great job of explaining basic finance fundamentals. Bernstein writes no-nonsense advice for his reader’s financial future and drives his points home with precision and directness. For example his argument in favor of saving: “Save as much as you can, and do not stop saving until you die.”
Read MoreBusiness DNA: Legend of the Turnaround Master
Poe Lothongkam is a turnaround champ. Founding two restaurants while still in college before moving into venture cap at Sequoia Capital. Poe then went back to Thailand to take over and lead SVI to what it is today.
Read MoreActively Managed Funds Are Risky Business
This book ranks 3 out of 22 in my personal rank of investing books. I loved the simple style of writing in The Little Book of Common Sense Investing. One of the biggest things I took out of this book was a chart which Bogle produced which broke returns over the last century down into three elements: Dividends, earnings growth, and PE change.
Read MoreInvestment 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
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