Value Merlion

Note 16. Starting from 1 st November, I will pick out some interesting articles to share about my readers (if there’s any, haha). The purpose is to share some of the readings and also for discussion. What I have been reading : Article 1 https://www.ft.com/content/442fb59c-d138-11e8-a9f2-7574db66bcd5 A look at how Germany has tackled the issue of productivity. I always believe that for a nation to grow economically, both hardware and software are important. While it’s impossible to grow them together at the same speed, there’s always a need to make sure that they are growing. The article spoke about the challenges of competition for the home-grown companies in Germany and what has differentiated them. The strength of Germany actually lies in their organisation capability. This is something you can’t build or buy. It’s in the DNA of a culture. I have attended several courses in my corporate life before, and I have witnessed that among the German participants, they tend t...

Note 15: Sept Updates In the month of Sept, the portfolio suffers a slight decline of 0.7%, there wasn’t much positive news to look in Sept resulting in the lacklustre performance. The recent issue of potential trade wars is not helping wit the investment as well. My current cash in total portfolio stands at 15%, with the majority of it being in the Singapore portfolio. Singapore market The Singapore portfolio has increased slightly due to the recent M1 news and it has boosted the performance slightly. However, ytd wise, I am still underperforming. I have also been thinking about the allocation of this portfolio in Sept. While the HK portfolio is outperforming, the Singapore portfolio is sputtering mainly for a few reasons ·          Overdiversification ·          Shares which was bought years ago before the value approach has been applied, vis a vis the HK/Dragon fund ·    ...