Lone wolf investor

  Tan Swie Hian Singapore 1943 Portrait of Lu Xun circa 1943 Collection of Singapore Art Museum  Market Summary 11 – 17 April 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation reached new record high of 8.5% in March before seasonal adjustment, highest in 40 years  - White House says expects inflation to be ‘extraordinarily elevated’ in new report  + US net foreign inflows into Treasuries rose 4th straight mth in Feb of US$75.3bn: treasury dept data - Fed expected to deliver 2 back-to-back half-pt interest rate hikes in May and June: economists poll by Reuters   + Fed could decide reducing the size of balance sheet in May with reduction in June: Board of Governors member Brainard  - US small business confidence fell 2.4 pts to 93.2 in March, 3rd mth reading below 48-year average of 98    - US budget deficit at US$192.7bn in March, monthly receipts amounted to US$315bn, total amount outlay US$508bn  + US industrial production increased 0.9% in March vs Feb  + US business inventories rose 1.

  (Look at that!! Oh Mama Mia ) Chicken Rice set for $6.90 under normal circumstance wasn’t much of a bargain home run, what if I tell you I had the same thing before for $25 at Mandarin Orchard. The cafe which sell chicken rice, curry chicken rice and braised meat rice is head by ex Chatterbox Chef Lai. The cafe is located at The Adelphi mall opposite Funan. Chef Lai Cafe had been in operation for close to 4 years. They do have a good following. It is usually crowded during lunch hour.  (The lunch time crowd is back) The small shop barely had enough seatings for more than 10 people. The eatery is far from the luxurious setting of having Chicken Rice in Mandarin Orchard but the substantially lower price compensate for lack of dining refinement. One could have 3 sets and have spare change. The taste is very similar to Chatterbox. A blind test wouldn’t spot the difference.  A set come with white cabbage, egg omelette and a bowl of herbal chicken soup. The sides are a good compliment to t

  I remember when I was serving my National Service 25 years ago, one can always find solace picking up a book to read because there was simply nothing else to do during NS downtime. I was amused by the financial market at a very young age. Opened my first trading account when I reached the legal age of 21. Like many people who had just started out, finding my way into the investment world, I was drawn to Warren Buffett’s investment philosophy.  There were plenty of books been written on Warren Buffett business dealings. “The Warren Buffett Way” by Robert G. Hagstrom, “The Snowball” by Alice Schroeder are some books I enjoy reading.  (Content) “The Deals of Warren Buffett” The first 100m vol. 1 by Glen Arnold mention the formative years of Warren Buffett partnership to him eventually dissolving the partnership. Most people are familiar with Buffett landmark deals involving Coca Cola, Washington Post and the 26B purchase of Burlington Northern Santa Fe Corp in 2009. The book mention Buf

Semsar Siahaan Indonesia 1952-2005 Timur Rumit(The complication of East Timor) circa 1987-1990 Collection of National Gallery Singapore  Market Summary 28 Mar – 03 April 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + US personal spending expanded 0.2% or US$34.9bn in Feb, personal income up by 0.5% to US$105.5bn, disposable personal income up 0.4% or US$76.1bn  - Fed’s Evans repeated his view that US likely to make 7 rate hikes this years  - US to release 1m barrels of oil per day from reserves to help cut gas prices, says 30 countries joining US releasing oil reserves  - US 2-year treasury yield climbs above 10-year again + US unemployment rate down to 3.6% in March vs 3.8% in Feb  - US initial jobless claims up 14,000 to 202,000 for wk ending Mar 26 + US companies added 455,000 jobs in March: ADP + NY Fed says could begin trimming balance sheet as soon as May - US trade deficit at US$106.6bn in Feb, 0.9% drop vs Jan  + US private payrolls grew by 455,000 in March: ADP - US manufacturing sector act

  (David Suchet, portraying Hercule Poirot, the Great Belgian Detective whom he was recently given a knighthood for his service to the film industry. The Queen loves a bit of detective work too) Lone Wolf Fund(LWF) Portfolio as at end of March   1.) Cash  2.) Missing texts *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary Another month had passed, I hope everyone is well, market wise. I have been binge watching an old tv series by British broadcaster, ITV on YouTube. I was inspired by the recent release of the movie “Death on the Nile” which feature the famous Belgian Detective, Hercule Poirot solving a series of murder case. The drama series “Agatha Christie Poirot” first air in 1989, same year when the Russian end its invasion of Afghanistan. I find the drama quite timeless, a great classic for the intellectual enjoying a brain workout. I never seem to be able to guess the murderer correctly🤨. As a value invest

  FX Harsono Indonesia 1949 Paling Top (Top Most) circa 1975, remade 2006 Collection of National Gallery Singapore  Market Summary 21-27 Mar 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fed signalled ready to take more aggressive action to bring down unacceptably high inflation, including 0.5% pt interest rate hike at next policy meeting in May - Powell stated previous inflation projects fell apart and Fed may decide to move more quickly to address the situation  - US Composite PMI Output Index, tracks manufacturing and services sectors rose to 8-mth high in March  - US consumer confidence (MCSI) dropped from 62.8 in Feb to 59.4 in March  - US manufacturing PMI reached 6-mth high in March: IHS Markit in week ending March 19 + US announced funding opportunity of US$2.9bn earmarked by Transportation Dept for major infrastructure projects this year  + Americans filing new claims for jobless benefits hit lowest level since 1969  - US Treasury Dept warmed gold-related transactions involving Russia may

There is one particular food which I failed to do a review for almost close to 2 years. I had the urge to name it as one of my Wolf Bargain best kept secret. House in a coffeeshop, wrap in a 70s time capsule, tug in the sleepy part of Jalan Besar. I best described my feeling towards this special Yong Tau Foo(YTF) as a stock market participant “ I fear no falling stock market but I fear the queue of Hakka Yong Tau Foo”. Getting the Yong Tau Foo market timing wrong can lead to hours of waiting. There is only that golden half an hour to get a bowl without the long wait. Remember 8am-8.30am from Monday to Thursday. I wouldn’t even try going on Saturday or Sunday. The longest waiting time if I can remember was close to 2 hrs. Of course it doesn’t take long for the Yong Tau Foo to find its way into my happy stomach.  (YTF soup with Bee Hoon) (Option of having YTF with noodle) Yong Tau Foo is one of those common food that doesn’t get the racing pulse remotely excited. The cookie cutter factor