I finished the first workshop on financial analysis last week and it was great fun to teach.
Q1 hedge fund letters, conference, scoops etc
I’ve gotten some feedback and will be updating the online course extensively in the coming weeks before releasing the updated version.
Now that that is out of the way, I’ve been wondering what to write about for future posts.
Although I enjoy talking about individual businesses and investments, the vast majority of people I speak to simply do not have time to be active stock pickers.
The solution for 99% of people would be dollar cost averaging into index funds, a solution Buffett himself has advocated.
There are however still a lot of logistical questions involved. For the next few weeks, I will be focusing my efforts on addressing these topics in great detail.
Also in the works will be to set up a dedicated real money portfolio implementing this strategy going forward (slated for end June 2019).
How about the rise of financial advisors and new passive investment solutions?
There’s been a lot of talk around town of the newly launched investment investment solution from MoneyOwl which Kyith from investmentmoats.com has wrote about extensively here:
MoneyOwl Launches their Passive Investment Solution for Singaporeans
There is also endowus which is focusing on building portfolios with DFA & Pimco Funds. I have really enjoyed their insights on their blog.
Both look really interesting and I will be taking a deeper look at them in the coming months.
But isn’t this blog about picking stocks?
While theasiareport was set-up to share with investors some of my journeys and thoughts on the stock market, I’ve come to realise that many people really just don’t have the time or interest to look at constructing a stock portfolio.
One of the reasons that I decided to create a more fundamental course on financial analysis recently is that I was losing plenty of people during my advanced workshops on banks or property developers.
Unfortunately there aren’t magic formulas or ratios and there is so much variability between companies and situations that there is no substitute for experience and hard work.
It is quite a big leap to go from learning about investing on day 1 to constructing a portfolio of 16-25 stocks.
There’s still plenty of value to be gained from learning how to assess individual investments as the likelihood of you getting pitched at some point in the future is high.
At the same time, I’ve been thinking very hard about how investors can realistically improve the quality of their investment decisions and it really revolves around low cost index funds.
So in the coming weeks, we are going to be doing a deep dive into the both the rationale and logistics of dollar cost averaging into index funds, and potentially covering other solutions predated on similar principles with endowus or Moneyowl.
What do you want to know?
To make these posts as useful and relevant as possible, it would be great to know what you main questions are, no matter how mundane they maybe.
Do you have problem choosing which ETFs / funds to pick? Or wonder how much to invest or how regularly? Or maybe you want to know the most cost effective brokerage?
No matter the question, I want to know it. Just drop a comment or leave us an email in the contact us box so we can best tailor our articles goin forward.
PS: If there are things you want me to explore or ask about, please leave a comment below or drop me an email.
Article by Richard Tay (Jun Hao), The Asia Report
