Happy Mid-Autumn Festival ! ( STE Photos sharing )


祝大家“ 中秋节快乐！” 

No posting about investing today and I would like to wish all my friends and readers a very happy  " Mid-Autumn Festival "  and enjoy your gathering & bonding with your loved one & family members.


月亮代表我的心 ：


 ( Few photos taken during my strolled along Singapore River in early this year ...)






Also, like to share some photos taken during our ( Mr & Mrs STE ) morning walks in the morning after sending our kids to school.  You may spot Mr & Mrs STE walking leisurely in the neighbourhood parks and rivers in the morning or jogging in the evening.








































Cheers !!

Comments

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Labels

Show more

This Month's Top Blog Posts

2025 Portfolio Review – A Look Back Before Moving Forward

Image
This is my first blog post of 2026, so let me start by wishing everyone a Happy New Year . I hope 2026 will be kind to all of us, with good health, steady income, and returns that are at least as decent as what we experienced in 2025. No need for anything spectacular, just consistent and sensible gains will do. 😊 Before rushing into new plans and ideas for the year ahead, I find it important to pause and properly review the past year. Investing is a long journey, and these yearly check-ins help me stay grounded, remind myself what worked, what didn’t, and what I should not take for granted.   How 2025 Started – Strong Momentum, Then a Reality Check   2025 actually began on a very positive note. The first quarter was strong, and the portfolio continued the good momentum from late 2024 with double-digit returns in the first Qtr. Prices were moving up, dividends were coming in nicely, and on paper, everything looked great. Then April came. The market correction that hit in April...
Read more

MIT Lecture: Portfolio Management

Image
This lecture, delivered by Professor Jake Xia to   MIT OpenCourseWare class, provides a comprehensive and critical application-based perspective on portfolio management, moving beyond traditional theoretical frameworks to address the realities of investment and risk. <Ai Image > Executive Summary: Portfolio Management Beyond Theory This presentation offers a rigorous, application-focused deep dive into modern portfolio management, critically evaluating established theories and proposing practical, behavioral-based enhancements. The central challenge in investing is fundamentally a sizing problem : determining how much capital to allocate to any given investment, a decision dictated by clear objectives, time horizon, and loss tolerance. The lecture contrasts personal finance with institutional investing, highlighting the Endowment Model used by perpetual funds like MIT's. These institutions have a crucial nominal return target (e.g., 8%) to cover spending and inflation, ...
Read more

冷眼孙子股市兵法：真正的投资心法"

Image
  YT Video : Credit to: 小貝叔叔 Link: https://youtu.be/SH2RkVDbeVk?si=9V59V6UwDQ8iu43J "看完这集，你就能胜过9 成股市散户！｜ 冷眼孙子股市兵法：真正的投资心法" ( Watching this episode will allow you to surpass 90% of retail investors! | Cold Eye's Sun Tzu's Art of War for the Stock Market: The True Investment Mindset). The content draws from the author "Cold Eye's" 50 years of stock market experience, applying the ancient military strategy of Sun Tzu's Art of War to modern investing. "Translate and Summarize using AI tool : Google Gemeni" Executive Summary The video posits that the stock market is a modern battlefield where success is dictated by strategy, discipline, and preparation, not luck or emotion. Authored by the veteran investor known as "Cold Eye," the 54 chapters (or core lessons) are derived from the philosophy of Sun Tzu's Art of War. The central theme is that true wealth is built on an invincible mindset and rigorous calculation (Preparation and An...
Read more

Contrarian Investment Strategy: The Psychological Edge to Outperform the Market

Image
The Essence of Being a Contrarian When everyone rushes in one direction, the contrarian quietly walks the other way. This simple yet powerful idea forms the backbone of David Dreman’s classic “ Contrarian Investment Strategies: The Psychological Edge .” Dreman, a legendary Wall Street investor, explored not just the numbers behind contrarian investing but, more importantly, the psychology that drives markets i.e the very emotions that create bubbles, panics, and opportunities. <Ai Image> In this updated version of his work, Dreman reinforces one timeless truth: markets are driven more by human behavior than by pure logic. Investors as a collective are often guided by fear and greed, not by reason. As prices overshoot to the upside in good times and plunge too deeply in bad times, the patient contrarian finds value amid the noise. Reading this book reminds me of why I chose to invest differently , not to follow the crowd, but to think independently, to see value where others se...
Read more

Portfolio & Dividend Update: 6 September 2025

Image
 Hi ! everyone, it’s time for my September 2025 portfolio and dividend update, as most of my HK/CHN stocks have already announced their 1st half 2025 results by the end of August, and I’m excited to share the latest developments in my investment journey. The markets have been a wild ride this year, with some pleasant surprises and a few sobering reminders of the need for patience. Before diving into the numbers, I want to take a moment to reflect on some timeless wisdom from one of my investment heroes, Howard Marks, whose latest memo, *The Calculus of Value*, offers a masterclass in navigating today’s lofty markets. After that, I’ll break down my portfolio performance, dividend updates, and some thoughts on the road ahead. Let’s get started!     Howard Marks and *The Calculus of Value*: A Lesson in Stock Valuation <Link>   I’ve always admired Howard Marks, the co-founder of Oaktree Capital, for his ability to distil and digest complex market dynamic...
Read more