Lone wolf investor

Wu Guanzhong China 1919-2010 Panda circa 1992 Gift of the Artist  Collection of National Gallery Singapore  Market Summary 12-18 Sept 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US inflation in Aug rises faster than expected at 8.3%  - Biden singed executive order urging scrutiny of deals involving critical technologies  + US consumer confidence grows slightly in Sept at 59.5 pts in Sept, up by 2.2 MoM + US retail sales up 0.3% to US$683.3bn in Aug  + US business inventories increase 0.6% in July vs previous mth  - US industrial production down 0.2% in Aug vs July  - Wall St drops to 2-mth lows due to recession fears  - US IPOs represent only 14% of US$153bn this year fetched globally so far this year  - US 30-year fixed-rate mortgage rates rise over 6% for the 1st time since 2008 - US banks deposits dropped to US$19.562 trillion as of June 30, plunged by record US$370bn, 1st decline since 2018: WSJ  - US plans to broaden curbs shipments to China semiconductors used for AI and chip-making tools n

  (@former Thong Sia building I might have found something undervalued looking at my watch) It is not my intention to keep this sharing under a cloud of secrecy but due to the need to keep the stock price in check as the liquidity of the stock is poor, any big buy up or sell down can cause the share price to move exponentially. As I looked into my crystal ball(watch) and try to guess which stock will do well going into 2023 given the high borrowing cost and possibly a recessionary environment. I find it difficult to find any company in Singapore not affected by the tough macro environment. A few critical criteria I had put out for my next search, the company must not be over leverage, in net cash position preferred, good growth and trading well below nav etc. Boustead Projects(BP) is one such company which I had decided to put some capital to work. They are in net cash position even with their big shell out on the Bideford property(former Thong Sia building). BP is building business pa

The book “The Most Important Thing” by Howard Marks of Oaktree Investment is an investment classic, a quintessential read if you are in the financial market. I rated it one of the most important book for any serious investor. This is by far the best book I had read this year. The book consolidated some of the past memos written by Howard Marks which had an impressive record of achieving 19% yearly return since 1995. Very few fund managers can proclaimed to be able to beat the market for that long duration. I have trouble trying to write this book review as there are many important topics which will required intensive reading and writing. It is impossible to write a book review 7 pages long without boring my reader. Today I will just touch on one important subject for what Howard Marks described as the importance of 2nd-level thinking. Good 2nd-level thinking can help investors achieve superior return. What is 2nd-level thinking? For example of first level thinker  “This is a good compa

Fatimah Chik Malaysia 1947 Reflections circa 1989 Collection of National Gallery Singapore  Market Summary 29 Aug – 4 Sept 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  + USD index hit 20-year high as data support aggressive Fed  + US added 315,000 jobs in Aug as labour market remains solid  + US ISM manufacturing index at 52.8 in Aug, unchanged from July  - US factory orders drop in July on defence aircraft bookings - US construction spending declined further in July, raising mortgage rates weighed on single-family homebuilding  - US to keep tariffs on hundreds of billions of dollars’ worth of Chinese imports while review continues  + Americans filing new claims for unemployment benefits fell to 2-mth low las week  + US expected to announce 3 years biofuel blending mandates in Nov: sources  - NASA again called off mission to send a ricket around moon due to mechanical problem - US announced US$1.1bn arms sales to Taiwan  + Micron investing US$15bn to build new memory fab in Idaho  - US blocked Nvidi

  The Sept allocation is out. All subscribers of SSB for 13.5k and lower will get full allocation or 13k. I am expecting yield to crawl up again to an average of 3% for month of Oct. Allocations is likely within the 8-13k range given the attractiveness of the risk free interest rate. 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 without our independent verification. Therefore, we cannot assure you that the info

Lim Leong Seng Singapore 1950 New Era circa 1976 remade 2022 Collection of National Gallery Singapore Market Summary 22-28 Aug 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Fed will raise rates as high as needed to restrict growth, would keep them there “for some time” to bring down inflation: Powell + US retail sales little changed in July amid fall in gas prices and auto sales  - US PMI Composite Output Index stood at 45 at 27-mth low in Aug: S&P - Dow tumbled 1000 points on Friday after Powell warning on ‘pain’ to business and households  - US 2nd Qtr GDP declined by 0.6% less than previously thought, revised upward from advance estimate in July of 1.9%  - Biden singed executive order on US$52bn bills allow implementation of funding to boost production of chips  + Biden administration to cancel at least US$10k in student loan debt  - US adds 7 Chinese aerospace and chip firms to export blacklist  - US to suspend 26 flights by Chinese airlines next mth in dispute over China’s strict policies

Lone Wolf Fund(LWF) Portfolio as at end of August 1.) Cash  *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary The US China tension is causing fiction in world trade. It had been described in an African Proverb “when elephants fight, it’s the grass that suffers”. With competition in play, Pacific, Africa and South East Asia countries used to be “secondary friends” of certain country had been “upgraded” to friends of equal. I can’t speak about my view on Africa and the Pacific Islanders as I knew nothing about them. I am pretty sure when competitions are keen, ASEAN countries will get the extra attention(good and the bad) as World Powers try to win ASEAN over to their side. It is like two groups of primary school kids involved in an argument where both side are equally matched, both sides will want to rope in the less popular kids to join their “gang” to strengthen their point of view. Suddenly the plump and the ski