Lone wolf investor

Lone Wolf Fund(LWF) Portfolio as at end of September  1.)  Keppel Corporation   2.) Cash Commentary Sometimes I wonder what would I be doing if I had no interest in the stock market. For sure I wouldn’t have joined the stock brokering industry and in process grinding out a decade long career. Numbers wouldn’t excite me anymore and of course less of that “money face” side of me. If only I am control by the left side of my brain which is associate to artistic creation. I would have become an artist or an auctioneer dealing with the great antiquity of the world.....1million going once, going twice and going for the final time, SOLD!. Btw my favourite programs on BBC are Fake or Fortune and Antique Road Trip.  Our stock market had become an antique market of some sort. An eclectic mix of old companies can be found. Collecting antiques may lead to great appreciation in value but holding a portfolio of companies of great antiquity is not to be suggested, some said it can b...

Lim Cheng Ho Singapore 1912-1979 Scene at a Chinese Wayang circa 1959 Collection of National Gallery Singapore  Market Summary 20-26 Sept 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + Fed held interest rates steady, indicated expect to begin reducing monthly asset purchases “soon” - Costco, Nike and FedEx warning more inflation set to hit consumers as holidays approach  - US existing home sales declined 2% in Aug from July, 1.5% lower than Aug 2020, first annual decline in 14 mths  + US new home sales beat expectations; supply near 13-year high   - Jamie Dimon warned investors that Fed could still be forced into sharp policy move next year + SEC said would delay enforcement of certain assets from new disclosures rule for off-exchange securities until Jan 2022 - Yellen cites need for compromise on withdrawal for digital services taxes in call with French counterpart  - US agriculture gp hit by ransomware attack, demanding US$5.9m in ransom   - US commerce secretary ...

This is an update from my last post on cryptocurrency. More and more government are putting restrictions on cryptocurrency trading or the use of cryptocurrency. South Korea require cryptocurrency trading firm to be registered. They are also looking to impose heavy capital gain tax on cryptocurrency trading.  China had just announced an outright ban on all cryptocurrency use and service. Anyone found trading or providing services relating to cryptocurrency are subjected to the full force of the law. The Chinese are the largest group of cryptocurrency traders in the world. Wolf Money(Cryptocurrency) May 21, 2021 Disclaimer first, I usually don’t comment on things that I had so little knowledge about but cryptocurrency trading is raging which warrant a word of caution. Below are some points one need to think through if one is buying cryptocurrency for investment, not speculating. I am not a big fan of all form of speculative trading. More than 90 percent of the people who trade active...

  Starbucks former CEO, Howard Schultz build a successful behemoth coffee joint by coining the idea of a third place. What actually is a third place? First place is your home, second place your office and third place is a comfortable cafe to enjoy that well deserved coffee break. As work from home arrangement blur the line of home and office. The third place had become more important for periodic break in between work.  (Extensive menu to choose from) The latest addition to the third place cafe eco system, The Providore is a growing chain of cafes run by local. They have outlets in Orchard, Raffles Place and City Hall. They serve coffee at a reasonably price. I particularly like the breakfast menu. English Breakfast, Ricotta Pancake and Sourdough Toast to name a few. Barn laid eggs and Sourdough Toast is my favourite item on the menu. Great for Vegan.  (Barn laid eggs with Sourdough, couple with black coffee) The sourdough toast is freshly made daily. The eggs with bright...

I will just stated my observation on the issue surrounding China Evergrande and the impact on China property sector. My best guess it will have an impact, on the scale of 1 to 5. 5 been the worst case. I will rate the event at around 3. My best guess the government is going to lead the debt restructuring and try engineered a soft landing. There are likely some tightening on lending to developer and home buyer. I had a chat with a friend who stay in China, properties in mostly tier 2 or 3 cities saw weak demand. The first tier cities like Beijing and Shanghai is in a league of their own. Coastal cities demand are firmer and prices are holding well. This is the latest I heard. Of course situation can turn negatively on the downside if China Evergrande goes through a non orderly bankruptcy. The situation does warrant some close observation. I will write more at my month end review. Wishing all a Happy Mid Autumn. Please follow us on telegram for the latest update on Lone Wolf investor by ...

Hernando R Ocampo Philippines 1911-1978 Dancing Mutants circa 1965  Collection of National Gallery Singapore  Market Summary 13-19 Sept 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US annual inflation at 5.3% in Aug  + US retail sales increased in Aug boost by online and furniture store purchases, offset continued decline auto dealerships   - US consumer sentiment remained broadly unchanged in early Sept, at subdued levels after Aug big drop   - US initial jobless claims increased to 332,000 from 312,000 a week earlier  - US failure to raise its debt limit could lead to the unthinkable: Yellen  + US Aug import prices fell for the 1st time in 10 mths, down by 0.3% after 0.4% up in July, evidence inflation probably peaked   - FDA rejected offering a 3rd booster shot of Pfizer-BioNTech Covid-19 vaccine to general US population  + Biden said rules are in the works for big employers requiring US workers to be vaccinated or tested  - Biden: Extreme w...

The stock market is going through some heavy correction currently. Profits are slim picking this month. I might have to settle for some bird seeds during lunch 🐧....cheap cheap cheap cheap (Lelong price Honey glazed Sunflower seed @$1 for two at cheers, they are quite nice to be honest)  or I could have Teochew fish ball noodle. Usually I don’t recommend fish ball noodle or wanton noodle in my blog. I find them almost everywhere and mostly uninspiring. If I am given a choice of other food, I would avoid them. Fishball noodle is after fishball noodle loh. Wanton Noodle is after all Wanton Noodle loh. I rarely find outstanding examples of both.  (No frills signboard, honest to goodness fishball noodle) The stall has a simple name to match the food. Teochew Fishball Noodle, no fancy name, just Teochew Fishball Noodle $3 or $4 written on the signboard. Maybe I am Teochew so must support Teochew Fishball Noodle. They are the only fish ball noodle stall I go in my neighbourhood. Th...

  I had sold my Thai Beverage due to activation of trailing stop amid overall weakness in the market. I had deployed more capital into Keppel Corporation from Thai Bev sale which I think may have a better risk reward in the mid term due to on going restructuring. Lone Wolf walk away with some profit for beer. Not fantastic but can’t complain.   Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are w...

Chuah Thean Teng Malaysia 1914-2008 Man with basket and a child circa 1955 Gift of S. Rajaratnam Collection of National Gallery Singapore Market Summary 6-12 Sept 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Yellen warned US govt will run out of cash in Oct, called to raise debt limit in a letter to Pelosi  + US producer price index rose 0.7% in Aug; final demand prices rose 8.3% from a year ago, biggest on record back to 2010    + US jobless claims fell to 310,000 near 18-mth low  + Biden initiated call with Xi, the first in 7 mths  - Democrats senate proposed to impose 2% excise tax on corporate stock buybacks as part of US$3.5 trillion bill  - US Democrats proposed dramatic expansion of EV tax credits that favours Big 3  - Treasury Dept report showed top 1% earners dodge about US$163bn in taxes every year, the biggest tax evaders  + US-China trade volume surged 36.6% YoY to US$470bn from Jan to Aug: Chinese customs  - Wells Fargo fines US$250m fo...