This week’s readings/links include AVI Japan Opportunity Trust’s Q4 2019 letter and 2019 annual report, an excerpt from the book Killer High on the entwined history of war and opium in Asia, Gordo Byrn on how wealth endures, a podcast interview with Frontline’s CEO on the crude tanker markets and Asia Sentinel on a controversial […]
Howard Stevenson – What’s Enough?
I really enjoyed this talk (embedded below) by Howard Stevenson on success and defining what’s enough in the context of your own work and life. I’ve included my notes below just for reference below. Some portions are paraphrased – any errors in transcription are my own. Framing the question: What is success? This is not […]
OAM Letter, India Trip, Other Links
OAM 2019 Letter The latest shareholder letter for Overseas Asset Management’s Asian Recovery Fund is out. You can access and download it directly from their website. Desmond Kinch’s letters are always an interesting read. Some highlights (mostly direct excerpts, with some paraphrasing): Added to investment in COSCO Shipping International. Net cash per share is HK$4.15 and […]
Manny Pangilinan (PumaPodcast)
Interesting interview with Manny Pangilinan, the CEO of First Pacific, on the PumaPodcast, where he talks about his early life, business career and some of his regrets. Some notes below (for personal reference only, any mistakes in the transcription are mine). He was born in 1946. His father was a banker, working for what eventually […]
Readings For The Week (1/2)
This week’s readings/links include Antipodes Partners on the investment case for Honda, Baker Steel Capital Managers on the outlook for the natural resources sector in 2020, George Soros’ remarks at the 2020 World Economic Forum, an interview with Sam Zell and Mak Yuen Teen’s reflections on Singapore’s 20 year corporate governance journey. Honda: A compelling […]
Readings For The Week (11/1)
This week’s readings/links include a conversation with Kerr Neilson, the Orbis team on Allan Gray’s legacy, David Webb on Backchat, Greenwood Investors on the psychology of passive and an interview with Merck Mercuriadis, founder of the Hipgnosis Songs Fund. Kerr Neilson: The relevancy of behavioural finance today, where he is seeing the greatest change around the world, […]
Kazakhstan Trip Photos
Some photos from my week-long trip to Kazakhstan in October 2019, organized by city: Almaty Turkistan Kyzylorda
Readings For The Week (4/1)
This week’s readings/links include a conversation with Duvvuri Subbarao on how the Indian economy can get back on track, Dan Wang’s 2019 letter, the WSJ on the world’s disappearing cash, R.AGE’s investigative piece on pangolin trafficking and David Gauvey Herbert on the true story of China’s biggest bank heist. When will the elephant dance?: Duvvuri Subbarao, former governor […]
Readings For The Week (29/12)
This week’s readings/links include Platinum on the food delivery space, the Long Now Foundation on the age of the entanglement, Andy Beckett on the age of perpetual crisis, Bruce Greenwald on staying on the right side of the trade and an interview with Anwar Ibrahim. Food delivery: Delivering growth, but can they deliver profits? The […]
Readings For The Week (21/12)
This week’s readings/links include VinaCapital’s outlook for 2020, an interview with Amir Sufi, a new method for assessing and measuring organizational culture, Mak Yuen Teen on corporate governance issues for minority shareholders at three SGX-listed Singapore companies and Stanley Druckenmiller on his 2020 outlook, monetary policy and the US election. VinaCapital: Looking ahead at 2020. […]