An explanation of NBCC’s new 25,000 cr redevelopment contract.
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100 to 1 by Thomas Phelps, in 95 points.
Originally posted on Big Investor Blog:
Those of us who ask little of life, get little. Those who ask much, get much, but those who ask for too much get nothing. If you don’t buy what has to be sold, you never really need to sell anything. The top 4 criteria It must be small.…
Revisiting Pat Dorsey’s Checklist on Economic Moats
Pat Dorsey’s little book-“THAT BUILDS WEALTH” The Game Plan IDENTIFY businesses capable of generating above average returns over many years. WAIT to buy, until they begin to trade at OR below their intrinsic value. HOLD till business deteriorates shares are extremely overvalued a better investment is found REPEAT till you die. Keep asking yourself what…
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RISK and its many Avatars by Howard Marks
Risk The world believes that you have to take a higher risk to get a higher reward. Value investors chuckle at this model as they believe in low risk high reward model. After reading this book by Marks, I can’t help but chuckle at the value investors too. Value investors are looking at the ratio…
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“We make instant coffee, and take instant decisions !” – CCL Products
CCL Products fell by about 8% today, as the ANALysts (yes that was intentional 🙂 ) were unhappy with the growth figures, compared to last quarter/six months. I don’t know when they will understand that companies will not grow in a linear fashion. You just have to think long term. Most of their questions in todays call…
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How Singapore INCENTIVISED itself into a First World Country
Singapore went from a Third World country to a first world country in 50 years. This is already impressive but what makes this transformation phenomenal is that this country was just a British Colony, without any natural resources, less than 700q km and no army. They achieved independence from the British and Malaysia, but their…
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Simple and effective thoughts by George Soros
This is a book summary of “Soros on Soros – Staying Ahead of the curve “. We try to simplify things. We don’t have a real or a scientific way to measure risk. People who are in the derivative business have very elaborate risk calculations. We are amateurs.We live in the Stone Age. Deliberately so. Lots of…
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