Viet Portfolio The Viet portfolio is made up of 5% of my parents and 15% of my brother’s net-worth. Despite having no money of my own in this portfolio, I aim to invest my family’s money exactly the way I would for my own. During Q1 of 2018, the biggest change in the portfolio has… Continue reading Q1 2018 update
Happy Lunar New Year! The 2018 first blog post was delayed due to the unexpectedly busy January and first half of February over in the Vietnamese equities space. Following 2017 massive gain of the VNINDEX, your author grew increasingly paranoid by the high valuation exhibited by top-class Viet companies. He then devoted the entire January… Continue reading News from the frontier…
Warning: It’s going to be a long post! In this blog post I will address the following topics Stock-market valuation assessment Investment results Key lesson learned You will quickly notice that this blog post is VERY wordy. The reason is because I want to be 100% transparent with you on what I think, what my… Continue reading 2017 Investment Results
I am always amazed by the candid approach taken by Warren Buffett in reporting Berkshire Hathaway’s performance to his loyal crowd of shareholders, stakeholders and worshippers (me included!), and I had always wondered if someone was to emulate Warren in this particular aspect. Many hedge-fund managers, as I come to find, report very candidly what… Continue reading Amazon letters to shareholders
Readers would know I place transparency to thoughts, plans, and lessons the top priority of this blog. I have no interest in hiding anything, even my own stupidity, for it usually attracting criticisms upon which I find beneficial to my own well-being as an investor and as a learner of this discipline. I follow and… Continue reading The Breakin’vestor Dream
Einstein used to say compound interest is the 8th wonder of the world, but he did not mention the road to this wonderful place is filled with crocodiles, mental challenges, ego destruction, and occasionally emotional breakdown. No wonder Warren always says that investing is not that hard as long as one can keep their temperament… Continue reading The most important event
Some October and September thoughts… Inspiration Couple months ago I’ve got to meet with Mr. L who runs his own hedge fund based in London. The meeting was nothing short of inspirational. Mr. L was born in the UK but raised in a neighbouring country to Vietnam. He then came back to the UK to… Continue reading Inspiration
The August chain of thoughts Thought 1: The not-so-overvalued stock market Amidst the negative headlines around stock-market overvaluation it is productive to question “is it really?” History has shown that a significant amount of bond-yield-outstripping-earning-yield is needed for a major market correction to wreak havoc on investors’ portfolio. For instance in the 3 years leading… Continue reading Price Price Price
Nick Train has been the biggest inspiration to me ever since I started my investing journey. One of his funds (CF Lindsell Train UK Equity fund) is the only active fund that I have in my portfolio. Here’s a video where he talks extensively about the way he invests. Some of the highlights: 1/ Longevity:… Continue reading Wisdom
I will be buying one of those classy Harley-Davidson…no not the actual cruiser…the stock of course! Harley Davidson (HOG) – the maker of Harley-Davidson motorcycles is grossly misunderstood, undervalued, and underappreciated. Misunderstood Mr. Market misunderstood the key driver of the luxury motorcycle business. It is not the international-sales, emerging-market or non-white-but-woman-black-Latino-ethnicity-driven growth BUT it is… Continue reading ‘Murica
