Posts

On... Never Interrupt Compounding

-
I started skateboarding and playing guitar again circa August 2026. That’s probably my second childhood syndrome kicking in. I have not skated for 20 years (stopped around 2006) and have not played guitar for about 10 years (stopped around 2016). I stopped skating as I wanted to spend more time and effort in playing guitar. And I stopped guitar shortly after the birth of my first son in 2015. I never actually thought I would pick up any of these hobbies again. Not at this point at least. Munger said to go full steam until you reached your first 100k (might be closer to a million accounting for inflation since he said that). Sadly, I could not live up to his words. I’m still heavily investing but as thorough as the past 7/8 years. Somehow the situation is just right for me to pick up my old hobbies. Instead of going full steam, its probably just 50% on investing, 25% skating and 25% music. I did realize that to reach a million would take me about 10 years more and by that time I would b...
Post a Comment
Read more

On... Scarcity

-
Image
People want what they can’t get. That in itself is a statement on scarcity. And Supply and Demand. Supply and Demand is probably one of the oldest rules which applies not only in investing but also in life. Anytime I need to think about something, I can usually tie it back to supply and demand (and Scarcity as a function of Supply and Demand) in one way or another. Being an investor, Supply and Demand is definitely a useful heuristic to guide me. Here are two stories from way back that I can think about Scarcity. When I was a teen, this must be about the around the year 1998, I was an avid skateboarder. I had not much money back then. I had some, but I spend it mostly on music and skateboarding. I remember having sometimes only one meal per day. And there was this day when we were having lunch at a chicken rice place. I had just enough money for that one chicken rice for that day. And it was the best chicken rice I ever had. I can remember it up until today.   The other incide...
Post a Comment
Read more

On... $STRC part 2

-
Image
I I expect that in a year from now no one would talk about $STRC or Saylor the way they talk about it today. So, I might as well chime in while the oven is still hot. As I told a friend, Saylor will either die a villain or live long enough to be a hero. Scroll through Saylor’s X posts. If you read the comments, you will see peak Saylor hate. Why is that? I feel like its because people are hurt. We have been in a bear market for almost a year (starting from the 10th October crash). And I feel like the Saylor hate is just people hurting and looking for a villain. And most of the hate comes when $STRC was created. Why? Because something changed when $STRC was created. Saylor went from “Never Sell Your $BTC” to “Sell your $BTC if you have to”. To me $STRC is a genius product. And that is probably contrarian because a lot of Bitcoiners hate it. They say that Saylor is selling $BTC to fund $STRC dividends. And of course, Bitcoiners are the first to point out that Saylor is a hypocrite for sa...
Post a Comment
Read more

On... Working Hard(er)

-
Image
I told my friend that I don’t how to improve my investing by working harder. What does working harder even mean in investing? In any other field, if you want to improve yourself, you just have to spend more time and effort. If you want to be a good musician, more hours of practice will improve your skills. If you want to be fit, more hours at the gym will give you a better physique. If you want to be good in maths or science, spend more time reading and learning. If you want to swim faster, swim more. Almost anything can be improved if only you work harder! How about investing though? Can I spend more time to improve my investing skills? What do I need to do? Trade more? Look at more charts? Investing is a very interesting skill, in which, you cant improve your skills by throwing time or effort at it. Well, eventhough you can (and in my opinion, you should), there is no way to prove it. There is no way to see the results immediately. Go to the gym, you look more fit in a matter of mont...
Post a Comment
Read more

On... $STRC

-
Image
Any $BTC holder would be interested or at least curious with $STRC. $STRC is Saylor’s vampire attack on the fixed income market. People say Saylor is delusional to implement the $STRC vehicle. Now, Im not going into the technicals of what $STRC is but am looking through a different lense. With this view, I think Saylor is taking a risk but not really bat shit crazy. I’m going to compare Saylor’s $STRC bet with a typical property investor, with some made up numbers. This is just an experiment and you can come up with your own numbers. Lets make an assumption for a typical Real Estate investor as follows:- 1 million dollar house, with 10% down payment. That would be a 900k loan and 100k down payment. Assume the interest rate of about 7% per annum and 30 years loan. In a hypothetical Scenario. Lets say $STRC is a way for Saylor to “borrow” money to invest (in this case he buys $BTC instead of property). Instead of the banks, he is getting money from investors. Lets make the following assu...
Post a Comment
Read more

On... Labor Versus Capital

-
Image
The economy is roughly made up of labor versus capital. Unfortunately, I feel that we are only taught to labor. In the real world, it is not one versus the other but a range with labor at one extreme and capital at the other. Most people (myself included) grow up focusing on labor. And most of the people I know end up in that camp. Now, lets look at the extreme’s to see what I mean Labor versus Capital.   Labor is where you use your time to earn money. And capital is where you use money to earn money. We go to school, college and University, training us to become an employee. That’s 25 years of life roughly to be at one end of the economy. Doctors, Lawyers, Engineers, Accountants, … and the list goes on. On the other extreme end, being an investor is where you use Capital to earn money. The most passive kind of investor being just putting your cash in a Fixed Deposit and earning 3 percent interest annually. I feel like this end of the spectrum has been more or less neglected. ...
Post a Comment
Read more

On... The 4 Seasons of Life

-
Image
There are 4 seasons that we go through in life. This is very similar to, but not the same as Tony Robbin’s 4 seasons of life. I divide our life into 4 seasons, and we should concentrate on different parts of our lives at different ages. The first season is from birth up to 25. The second season is from 26 up to 50. The third season is from 51 to 75 and the final season is from 76 up to 100.   In the first season, I believe that we should concentrate our lives in learning and acquiring knowledge. This is quite obvious for most people as most of our life up until 25 will be schooling and education related.  In the second season, I believe that we should concentrate on earning money. it’s time to get as much money as possible. This is common with general practice, but I start to diverge from what is usual as the general retirement age is 60. And there are people who actually work until their 80’s. The third season is the season to focus on managing money. A lot of people ski...
Post a Comment
Read more