Moats

There is a new issue of Singapore Savings Bonds. I have tracked almost every issue of Singapore Savings Bond since its issue in Oct 2015. This chart shows the 10-year…

Booking Holdings was $405 14 years ago and today it is $5077. That is a 19.7% p.a. compounded return over 14 years. Booking Holdings is an American travel-technology company headquartered…

My colleague forwarded me this participating fund health check review that Milliman did for 2025 and thought it is pretty interesting to share. Singapore: 2025 participating fund health check. What…

I decided that it is high time that I do some audit of where I would hold the cash holdings that I have. I don’t think I would always hold…

Jeff deGraaf of Renaissance Macro joins Danny Moses in his on the Tape podcast to share his technical take of the markets. Jeff deGraaf: The Market That Continues To Defy…

I managed to have a few conversations this week that sort of involved investing. One of them is a friend who is an adviser at one of the big 3…

I recently got to know that long time star writer at The Atlantic Derek Thompson has s Substack. His most recent post Whose Cup Are You Filling? resonated with me.…

I have a Telegram group member James who asked if I have longer tenure returns data for this 5 year chart: I am not going to do for all but…

This article will be a short one. In [Does Eliminating Unprofitable Small Caps Improve Long Term Small Cap Index Performance?], I wanted to find out if we get better returns…

This week has been a very topsy-turvy week for the portfolio. Not only did it not benefit from the run in small cap because it lacks those companies with no…