Last week was an important week for investors. Federal Open Market Committee hiked the fed market rate by another 75 bps. U.S. Bureau of Economic Analysis (BEA) released the USA’s GDP estimate of -0.9% for Q2 2022, making it two consecutive quarters of GDP decline. Top companies in S&P 500 reported their results. As I…
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1. You Care Less about the Stock Market, You Care More about the Fundamentals It is hard for anyone of us to predict the stock market direction. Two days, USA President Donald Trump raised tariffs once again. The market got spooked and stocks fell across the board. A day later, the stocks recovered. But what…
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Introduction Few years into investing, I realised one important truth that altered my entire investing framework. I believe, out of the entire listed company, we should focus on the top 20% in terms of business quality. In the entire S&P 500 index, there are a handful of stocks which contributed to the majority of the…
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Over the past few weeks, I have shifted my thinking towards companies with operating leverage coupled with network effects.
UPDATES: Why Microsoft CEO Satya Nadella Is Tearing Up the Windows Business Microsoft has now rebuilt the company around the cloud instead of Windows, and employees approve Ensure technology empowers people: Microsoft CEO Satya Nadella (photo source: https://www.newasianpost.com/microsoft-ceo-satya-nadella-expounds-empathy-new-book/) I picked up this book as I keen to learn how businesses transform itself… especially mammoth sized business such…
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