Investment Moats

There is a new issue of Singapore Savings Bonds.

I have tracked almost every issue of Singapore Savings Bond since its issue in Oct 2015.

This chart shows the 10-year yield (Blue) and 1-year y...

My Telegram group was discussing about the experiences that you could get when travelling on a very, very tight budget, how not everyone can & are willing to do it. Somehow, the conversation dovetails to what happens when you have travelled a lot and one of my longer term members made this comment:

I think my perspective on travel changed with age and life stag...

Here is the update for my Daedalus portfolio for May 2026. If work is not too busy, I will try to provide an update where possible.

I explained how I constructed this portfolio in Deconstructing Daedalu...

I saw this Tweet by Cullen Roche, of Discipline Funds about risk tolerance that I resonated with:

This is something I've completely changed my mind about in recent years. I now think the idea of a subjective "risk tolerance" is a terrible concept.

Everyone gets scared during a bear market. And everyone thinks they won't get scared during...

I managed to catch a glimpse of a work conversation between a client adviser and our portfolio manager. The client adviser was seeking out our portfolio manager’s view about having more diversity in funds with natural distribution that we are confident to offer to clients.

I shall keep most of the discussion private but then again, I also didn’t catch much of the c...