I will be doing a slightly early version of the portfolio review for the entire of 2021 since today is a public holiday and I’ve got to go back to the office starting tomorrow to catch up on some end year work. There is still a few days left this week to the end of…
The Importance of Patience & Focusing on the Business Metrics – Amazon Case Study
Amazon has one of the most impressive compounder chart history in many years. After accounting for three rounds of stock splits in more than 2 decades, the stock has advanced from $1.50 back in 1997 to $3400 today in 2021. That is a whooping return of more than 200,000% return in a period of slightly…
5 Reasons Why You Should Be Accumulating on Tencent
If you are following my social media page, you are probably already aware that I am in the midst of accumulating more Tencent shares in the past recent weeks (I am done accumulating my position for Baba and has now moved to Tencent with the intent to build a position larger). I added another 100…
Why Using Monthly Active Users (MAU) / Daily Active Users (DAU) Alone Can Be Deceptive Metric
Keeping a close tab on your company’s unit economics is one of the most important task for management and the board as it tells a lot of story on how the company is performing over time. Today, we’ll be focusing on one of the most commonly over-used and over-reported metrics by many companies – Monthly…
Reader: I Cut Loss On My Chinese Stocks at 40% Loss and Now I am Down Another 40% on My US Stocks. What Should I do?
I received an email from a concerned reader who wrote to me about a week ago. We have exchanged a few email correspondences and I have obtained his permission to publish this on an article without mentioning his real name. Here is the unedited question he wrote. Hi B I have been an avid reader…
Dec 2021 – Portfolio & Transaction Updates
Time passes very quickly and before we know it we are already in the final month of the year. It has been a love hate experience this year with Covid restricting the ability for most of us to travel and reunite with some of our families who are overseas. I was originally scheduled to return…
Why Global Stock Markets Are Reacting Negatively To The Omicron Covid Variant
If there is one thing that the stock markets dislike it would be the uncertainty surrounding the relatively unknown Omicron Covid Variant hitting the shore. Closing in on two years after the first Covid pandemic was detected, many people have been grounded to their homes with many having to change their habits and living lifestyle…
How Much Is Baba Worth After Earnings Announcement – Valuation Model With Intrinsic Value
Following my previous post which talked about the quick analysis on Baba and JD after both announced their earnings last night, I will go a little more in depth about each company’s valuation and see how much should we change with our valuation model. We will start first with Baba, and then I’ll do another…
Baba vs JD Q3 Earnings – My Thoughts on the 3 Key Unit Economics
Both Baba and JD posted Q3 earnings after market hours so I thought I shed some thoughts on both the results quickly since it’s still fresh in my head. As I am heavily vested in both of them, I had a vested interest in following both of their earnings announcement and also listened to both…