Billionaires Dumping Stocks, Economist Knows Why

The US market cap/gdp is clearly in the overly over-valued metrics. It's now surpasses 2007 peak but still below dot.com bubble. Is the stock market going to repeat 1999/2000? Anything can happen but the billionaires are certainly not taking any chances. Found this article A handful of billionaires are quietly dumping their American stocks . . . and fast.Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping...

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The art of balancing motives and making money

Achieving balance is not easy. Most of the time, we'll tend to lean more to one side. Whatever we do, there is always a motive behind it. Good or bad, there is a motive. I'm in my last semester of studies and surprisingly the module is on policy. This was an elective module which is very different from the econs and finance modules i've been taking. I have to study the motives behind the policies that the government makes and how they balance social and economic motives. It's an arts major module. Social justice or economic prosperity?There is...

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Chinese property spree

Over the last 24 hours, there were 2 articles or news that possibly points to where the property direction is heading.The first: Tropicana sold a piece of very prime land in Bukit Bintang to Agile Property (Chinese owned and Hong Kong listed) for RM3280 sq ft - much higher than previous book valuation in 2012. This pretty much value that area very highly, although I do not know what was valuation in an adjacent area in previous transactions. The interesting thing is that it is a Chinese company which has footprint in 40 cities in China...

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Common Stocks and Uncommon Profits - "Scuttlebutt" method might be of value in seeking to make investments in smaller, local companies.

Common Stocks and Uncommon Profits is one of the classic investment texts written for the lay person. The legendary investor, Warren Buffett, has credited Philip Fisher's investment strategy as strongly influencing him.Rather than just seeking value, as the Ben Graham school of investment taught,Fisher realized that even a greatly "undervalued" company could prove a horrible investment. Sure, you might occasionally buy a stock for less than the company's cash-in-the-bank (back then, at least!). But what if the business is horribly...

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Habits of Financially Successful People

Sometimes wealth comes to those who are lucky; they win the lottery or they decided to invest in Apple in 1981 when the share price was just $28.83. However, it’s far more likely their wealth came through good habits.Wealthy people actually have a lot of the same traits and habits that enable them to persevere through difficult times and come out on top with millions (or billions) of dollars. It’s not a coincidence that the rich share these habits.Of course, that doesn’t mean waking up early and reading more is guaranteed to make you...

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