outency.mw@gmail.com

I was reading a bit more about Ed Seykota after seeing The Whipsaw Song. Ed Seykota became famous after appearing in Jack Schwager’s Wall Street Wizards book. He has an Electrical Engineering degree from MIT and was one of the pioneers of systems trading. He supposedly returned 250,000% over 16 years for one of the accounts he … Read more

Even Buffett Isn’t Perfect: What You Can — and Can’t — Learn from the World’s Greatest Investor is analysed in this article by Vahan Janjigian. This book has a catchy title. From the title, I initially thought the whole book is dedicated to analysing the mistakes made by Buffett, but it turns out that it … Read more

I read this book “Invest Like a Dealmaker” by Christopher Mayer some time ago. It is a book on value investing, and goes through the standard value investing concepts Think about the whole business, not just the stock price. Think about cash flow, not earnings. Use EV/EBITDA to get a snapshot on value. Think about … Read more

Whenever I make mistakes in trading (i.e. did not follow my trading plan), I like to deep dive to figure exactly why that happened, why did I take a certain action? What was I thinking? Why was I thinking that way? Was what I was thinking correct? Should my thinking be changed? How should I … Read more

Many people have no problems identifying the trend with their own methods, yet they have difficulties in pulling the trigger to capitalize on that trend. Why is that? And for those with no problems in pulling the trigger, they find themselves exiting too early (too early = earlier than what their trading plan dictates). Again, … Read more

Some time ago I was watching some interviews and articles on Mark Cuban‘s advice on investing. He has unconventional advice, which I actually agree wholeheartedly with. One main point is that he holds cash and only deploys it when he has an advantage. This resonates with Warren Buffett’s style of investing of waiting and preparing … Read more