Warren Buffet lost his magic last year, delivering what he deemed as “sub par” returns last year and warning that the performance streak may end this year. The skill of stock picking is… Continue reading
SHIMAO is always first to be hit because of ITS NAME !! Shi Mao ? Dead Cat ? Latest SHIMAO6.625 01/2020 at 96.60 (7.26%) about 0.75 cts cheaper today. YuZhou ? Fish porridge… Continue reading
USDJPY Kijun Sen Feb 2013 The selloff of EURJPY on 26th Feb was quite a bitterpill to chew for many, especially for those who booked their best quarter for donkey weeks, months or quarters… Continue reading
I missed out on the APPLE chase that netted a few of my friends decent returns last year. Ignoring calls to buy APPLE which was an influx of about half a dozen APPLE… Continue reading
Did anyone read the Weekend Business Times and the One Devonshire caveat at SGD1,192 psf ? “Madness !” “I want !” , Some of the comments I have heard. In the past 3… Continue reading
Recollecting a story of my mother’s friend, both of whom are not on this earth anymore, and the Phuket tsunami. The waves withdrew fast and swiftly, drawing a crowd into the beach front,… Continue reading
‘Gentlemen prefer bonds’ – Andrew Mellon The whole generation of gentlemen in fixed income trading desks today belong to the group of gentlemen-prefer-bonds. Just look at the price action of US treasuries and… Continue reading
The trouble about the sequester is that they knew about it 2 years ago when Obama signed on the spending cuts. Backing down now ? Well, he did not really expect to get… Continue reading
When you have an Abe as Prime Minister and Aso as his Deputy you sort of have an A team . a-So, you end up with “A-h, I dunno what I am doing but I… Continue reading
From a reliable source : If anyone is worried about the GLP perpetual being called, DON’T. The Change of Control clause was a sham in the first place because there was NO MAJORITY… Continue reading