The end of inertia. A new beginning

Finally overcame the inertia and started this blog. For once, I hope to maintain this blog and regularly update it. This is a blog dedicated to the Graham worshippers & Buffett wannabes. Hopefully, it will also motivate me to finish reading Graham's SA (the bible of value-investing) and complete my CFA. (Psst... I'm also looking for a copy of "Margin of Safety" by Seth A.Klarman.)

Pardon the corny title of my blog - Mind your own business. It's quite apt really.

Reason 1 -
A wise man once said that investing is actually a very lonely activity. If you want to be successful, you'll have to do a lot of homework yourself. Trust no one! The truth is out there! (oops.. ok.. no more X-files quotes) But seriously, the point is that, you got to do it yourself, you got to mind your own business.

Reason 2 -
This should be numero uno but I'll leave it here. The moment you pay good money for a share, you are in fact a shareholder of the company. You own a piece of the business. It could shares of a property developer, a medical facility, an airline or a hotel chain... You now own a brick, a syringe, a screw or a pillow... Therefore, it is of upmost importance that you protect your hard-earned money and mind your own business. Know your business, know the management, know who the operating environment, the challenge(r)s etc...

At this point of writing, the DJIA is at/near to the all time high. NASDAQ has suffered since the dotcom bust but has slowly recovered to hit 5years high as well. Lead by bullish sentiments and the IR effect, STI is also setting new highs, led primarily by banks and property stocks. In midst of all the euphoria, does value investing still exist? That's what this blog is for. To find safe and foreseeable profitable plays in a highly uncertain market.

Lastly, Happy birthday 155th Mr Dow! Charles Henry Dow, the founder of Dow theory and of course Dow Jones averages, was born on this day (6 Nov) in Connecticut in 1851.