2012 Q1:
Be humble. Have rest. Never give up.
[Copyright 2011 by Ng Wee Howe]
Strange world
After months of reading, I still don't understand economy.

It doesn't make sense.

Sometime people behave as what the theory suggests and sometime they just go to the other end.

Forecast and target are meant to be missed.

I'm not really sure anymore whether there is any knowledge or insight I can make from it.
There you go


When things seemed to be really bad, Euro survived. (at least until 2011)

My heart was put into stress testing when my portfolio shrunk from +20% at peak all the way down to -30%.

Then, with a lot of magic and no real economic support, it climbed all the way back to a 10% surplus in TWO WEEKS.

So, what did I gain from such an experience?

Nonsense.
Absolute nonsense.

Stock market is an orchestra of random pricing that sometime gives you a pattern.
When you believe that the pattern is your holy grail to the millionaire list, you're doomed.

It's true that the rise and fall of price must come with a reason, but the only law I can make by my narrow observation is that - "Stock price is what the last buyer and seller has agreed on. Period."

Think again, seriously.
Do you really need to attach a meaning on it?

So there you go.
Several magazines I have subscribed to have came to this consensus that 2012 will be a bad bad year.

And yeah, I heard it, election is coming, and also the never-stop-evolving Bird Flu.
Is it time to buy election related counter or the GLOVE(S)?

Oops, yet another two patterns.
D.O.T.A and equivalent
I guess I no longer enjoy games that require wrist or thumb works.
一天一粒苹果
不知道你会不会和我一样,总在啃苹果时有种快乐的感觉。
I'm sorry. I love you.


I should be grateful about my car even though:

1) The suspension system is tough, the car gets really bumpy on Malaysian road.

2) The bumpiness causes serious vibration to the other parts of the car. Some of the plastic gets loose and produces random noise.

3) Has no resale value since it's under appreciated.

4) The fuel consumption is not optimized for city drive. (Unless you're more careful on stepping the pedal)

But yeah, it's a good horse in her own way.

1) The CVT is no fight for other cars within the same pricing level. It's so smooth and powerful. Sometime you just forget that your car is actually running on a 6 gears system.

2) 1.6cc is still better than 1.5cc.

3) The reverse camera is just too useful.

4) The tough suspension and the electronic system make the car stable when cornering at high speed.

5) It's a C segment car at B segment price. The interior space is large.

6) The brake is nice. I guess the braking has already saved me from a few accidents.

7) It has a good look. Designed by ex Alfa Romeo chief designer.

There're things that I hate but yeah, I learn to look at the good side and adapt to it.

I'm happy to see more and more kia forte(s) running on the road.
Korean has some good horses.
Grow up
I have learnt several things in the recent months.

The single and most important change in me is to be more selfish.

I'm fucked enough times to learn that I can't make everyone happy without making myself unhappy.
People just don't appreciate what you have done for them.

Instead of pushing myself to sacrifice everything, I learn to save some for myself.

And yeah, I learn to admit that I'm so much indifferent in my decision and way of thinking.

There's no point forcing myself to follow others.
I'm just unconventional (or weird).

I do not need to change my perspective or personality for people who don't even bother to spend their effort understanding me.

I just need to stop fucking care about the negative impression people have on me.

That makes me feel better.

Lastly, I learn to enjoy the little luxury in life.

Why torture myself further when I'm already stuck inside an infinite looping of 11 hours a day for 300+ days a year?

I deserve things that're made in greater quality.
I deserve the premium experience that I can buy without hurting my purse.
Pattern
http://finance.fortune.cnn.com/2011/12/19/cliff-asness-aqr-hedge-fund/

Benjamin Graham wrote in his book before about this type of investing method.

His view is simple.
Pattern is not hard to be found in data, especially human tends to move in herd, but this is not a long term investing method that you can count for.

Once you have found a pattern and profited from it.
People will start following you and think this is a holy grail to fast money.

You will meet more and more competition and end up buying in higher price and selling in lower price.

It will not be long before the pattern vanishes.
CLOSE
Thursday, 19th January 2012
Strange world
After months of reading, I still don't understand economy.

It doesn't make sense.

Sometime people behave as what the theory suggests and sometime they just go to the other end.

Forecast and target are meant to be missed.

I'm not really sure anymore whether there is any knowledge or insight I can make from it.