Trades Aug 16

S XMBR @ 3.78 USD x 5k
B DBS @ 14.95 x 1.2k
S ADS @ 154.8 x 150
B OEL @ 0.425 x 35k

Best exercise regime

Running 20 km per week
30-45 min each session
3-4 sessions per week

Three phases of an investment and three impt things in life

1. A period of waiting for an idea to work, need patience
2. When everyone agrees with you and the asset performs
3. Asset may still appreciate but need to sell as additional gains would be small

Life
1. Know the value of trust
2. Joy of friendship
3. Futility of envy

If you go back and study the great investors in history, Medicis, Morgan's, Rothschilds and recently Buffett, these great investors share a common trait: they were in a position to be liquidity providers. Each willing to hold cash until someone was in distress or under duress, and they could provide liquidity at very attractive prices.

Lessons from senpai

On kids education:

1. Make sure to expose them more to language when they are young, it is not about mugging, find the love for language, love for reading, movies, tours etc

2. Ok with school, no need to love school but cannot hate going to school, it will be a big issue

3. Keep trying to find the right teachers, it's impt, Meng Mu San Qian

JCNC

Sold JCNC 700 shrs @ 43

Singaporeans in US

30,000 S.ingaporeans living in the US