This is one of my favorite quotes from Charlie Munger, “All I want to know is where I’m going to
Continue readingNever Buy What is Being Sold – Allhome & Axelum IPO
With the recent delisting of public companies that came from IPOs, you might think that people would be careful in
Continue readingPortfolio Update – August 2019
A busy August for me. Been reading up on some books that’s been piling up on my desk. The ghost
Continue readingResorts World Manila (RWM) to Delist
“The conversion from a public entity into a private company will allow the Company to timely address evolving market demands
Continue readingI Started an Investment Fund
It was at the dinner table, we ate at the nearest Shakey’s Pizza restaurant to celebrate my brother-in-law’s 37th birthday.
Continue readingPortfolio Update – July 2019
I forgot to post the portfolio update yesterday. So this post is a day late. There are a couple of
Continue readingWhy is Jollibee Falling? Coffee Bean and Tea Leaf Acquisition
Jollibee is one of those strong brands in the Philippines. It is said that it is the only fastfood chain
Continue readingThink Down. Not Up.
Value investing is thought to be a loser’s game. In tennis, we have a winner’s game and loser’s game. A
Continue readingWhy the Philippines only have 200+ Public Companies?
A foreign investor asked me, “Why the Philippines only have 200 or so public companies?”. He has asked a lot
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