Lone wolf investor

Koeh Sia Yong Singapore 1937 Orchestra in Equator Art Society circa 1968 Collection of National Gallery Singapore  Market Summary 3-9 Oct 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US starts fiscal year with record US$31 trillion in debt  - Fed looks almost certain to deliver 4th straight 75 basis pt interest rate hike next mth as job market fails to cool  + US non-manufacturing PMI at 56.7 in Sept from 56.9 in Aug, accounts for >2/3 economic activity  - US imposed new rules restricting exports of semiconductors on China’s access to advanced chip technology  - US widens investment ban to China’s BGI Genomics, drone maker DJI - US added China’s top memory chipmaker YMTC and 30 others firms to unverified trade list   - US mortgage rates rise for 7th week to highest in 16 years of 6.75%  + US jobless rate dropped to 3.5% from 3.7%, nonfarm payrolls added 263,000 jobs in Sept + US private employers stepped up hiring in Sept, rose by 208,000 jobs: ADP - US co...

 (Contents) I managed to get the latest book by George Yeo, titled  “Musings”. The book was co created by Woon Tai Ho. It is the first of three parts trilogy on George Yeo’s view on current world affair. For benefit of readers born after 2000s, George Yeo was the former Foreign Minister of Singapore. He also served in other ministries within the government. During 2011 general election while contesting in the Aljunied GRC, he lost his seat as Members of Parliament and had since stay out of politics. He is currently working as a consultant. His views are highly sought after by corporates and governments around the world. My first impression of George Yeo, to be honest, wasn’t great. I never like him as politician, I just find him too arrogant to be one(that might be one reason for his failure to get re elected in 2011). After reading his book, I find my impression of him misplaced. That so call “arrogantness” was actually his superior knowledge of world view and the confidence ...

  Lim Kwong Ling Singapore 1932 Untitled circa 1970s Gift of the artist and family Collection of the National Gallery Market Summary 26 Sept -2 Oct 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US PCE price index rose 0.3% MoM, topping estimates  - US GDP contracted 0.6% in Q2 YoY, less than 0.9% drop announced in initial estimate last mth - US 30-fixed home mortgage rate hit 6.7%, highest since 2007  + US consumer confidence grows further in Sept to 108 versus 103.6 in Aug  - US trade deficit at US$87.3bn in Aug, down by US$2.9bn from revised figure of US$90.2bn in July  - Biden: destruction from Hurricane Ian likely to be among worst in US history  + US sales of new single-family houses up 28.8% in Aug to 685,000, pending home sales fall 2% - US Democrats and Republicans lawmakers are pushing White House to screen US investment in China  - SEC fines Deloitte’s China affiliate US$20m for auditing violations  - FAA says Boeing has not completed work neede...

  (Funeral of the Queen with all its pageantry and spectacle at full display) Lone Wolf Fund(LWF) Portfolio as at end of Sept 1.) Cash 2.) Boustead Projects(BP) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary The biggest event of the year must be the passing of the Queen of England. I got great respect for her enduring and unwavering resolve to serve out her role as Queen till her death. In the modern era, people just don’t have that kind of loyalty and patience towards their company and job. Job hopping is common and loyalty counts for little, companies likewise. To have the Queen in the job for 70 years is no mean feat, a dedication few people could match. King Charles III had taken over as the Sovereign of UK and 14 other countries which had the Queen as their head of state. In the Carolean era, there are no carol to lift his spirits. I personally felt for the new King, most people at his age would b...

    Singapore Savings Bonds Oct result is out. All subscribers of SSB for 42.5k and lower will get full allocation or 42k. I suspect a lot of people skip this month ssb due to lower yield. I am expecting yield to jump back up to above 3% for month of Nov. Competition for SSBs likely to be intensifying next month due to the tremor in the financial market.  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 rel...

  Lai Foong Moi Singapore 1931-1994 Ship circa 1960 Collection of National Gallery Singapore  Market Summary 19-25 Sept 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fed raises interest rates by 0.75% to hit 14-year high, Powell signals more pain to come   - US Conference Board said its Leading Economic Index fell 0.3% in Aug after decreasing 0.5% in July  + US PMI composite output index in Sept at 49.3, reaching 3-mth high  - US most Democrats say ditch Biden as 2024 nominee: Poll  - Dow at lowest level since Nov 2020  - US initial jobless claims up 5000 to 213,000 - US existing homes sales declined 7th consecutive mth in Aug standing at 4.8m or 0.4% decrease vs July  - US fined Boeing US$200m for misleading assurances about the safety of 737 MAX  - US luxury home market posts its biggest decline in a decade  - US condemns World Bank President after he declined to say whether he accepts scientific consensus on global warming  + Microsoft p...

  I am always on a look out for value lunch sets. Sometime I host clients and friends for lunches during my brokering days. The habit continue after I left the industry. It is an open secret more than half of the brokers are making minimum wage due to falling commission rates so maximising lunch dollars can be part of the cost control mechanism. How do you take someone to a nice restaurant without looking cheapskate and blowing a hole in the pocket? I have the following recommendations. Most restaurants would have some sort of weekdays lunch set to draw the wallet pinching lunch crowd. Most office crowd just wanted to eat a quick lunch and get back to work. For those who had a bit more time and need to host a guest on a budget. This is for you.  (The Wagyu beef cheek just melt in the mouth) Wooloomooloo@Raffles City The restaurant which has its roots back in HK is offering daily 3 courses executive set lunch at $34++. The portion is decent. The mushroom soup starter is lightly...