The Psychology of Money

The first book that I’ve finished this calendar year is Morgan Housel‘s, The Psychology of Money. Overall review: great book, great writing and easy read. Like many great writers who know their subjects, Housel is a clear thinker that writes about the first principles of the psychology of money in simple ways. There’s not too…

How I Invest

Inspired by Josh Brown’s collection of essays from notable people in finance, How I Invest My Money, as well as other of DIY personal finance bloggers out there, I’d also like to showcase how I invest. All securities, who shall remain nameless, are shared by their primary business and arranged (roughly) from the largest positions…

Utter Shite

Pardon my french. With so many streaming service and a +/plus service seemingly starting every other month, there’s just so much content out there that I predict there aren’t enough hours (left) in a lifetime to watch, read, view, play all the digital media out there. By all accounts, the size of the content is…

Luck, Skill, Generosity and Hard Work

It’s undeniable that our brains (and our egos) trick us to equating luck with skill. We do it all the time when making life choices. Even when there is a “good” outcome, we tend think we made great choices looking backwards. I would surmise that it’s mainly luck. As luck would have it, my mother…

Healthy Return + Good Growth = Compounder

While I’m still reading and listening to as many investing mental models as I can, the one thing that I’ve learned that has reshaped my thinking of great companies is their ability to have a healthy return with the ability to grow incrementally. A healthy return likely means the ability to generate earnings with the…

“I skate to where the puck is going”

I’m not a sports fan, but I do think that Wayne Gretzky’s quote has a lot of resonance with my way of thinking and investing. This is evident on two levels: Career: find a career that you’ll love and that is growing in importance or significance. I’ve learned this through my peers, family and family…

How to Spend It

Even before the pandemic and when times were good, most free financial planning and money articles focusses so much on how much to save, where to invest it and so on and so forth. Sure, there is a need to save enough to reach “escape velocity” but I’ve found that especially with these free financial…

Li Lu’s Case Studies in Becoming “Fabulously Rich” (2006)

Li Lu of course is made more famous by Charlie Munger. Lu gave a talk to the Colombia Business School’s Value Investing class in 2006 and ended the lecture with the words of how to become “fabulously rich”. What I heard (a.k.a key take-aways) from the lecture (in no particular order): You only have very…