When a Good Business Is Still Hard to Own
So you've done the work. You understand the business. You respect how it's run. The financials hold up. And yet, you hesitate. Not because anything is wrong. But because something isn't quite enough.
Three Lessons from 126 Years of Market History
Equities outperformed not because they are traded more frequently, analysed more thoroughly, or held by smarter investors. They outperformed because they represent ownership stakes in productive businesses. Entities that generate earnings, reinvest capital, and compound value over time.
CAGR Is The Number That Matters
There's a version of this story that happens thousands of times a year in Singapore, and in every market where fund marketing exists.
When Everyone Sells, Who Is Buying?
Sitting with this across those two days was not panic, not a desire to act, but a deeper question. If I were to sell right now... who exactly would be buying?
That question sounds simple. It is not.
Warren Buffett Doesn't Buy Gold. Over the Past Decade, That Would Have Been a Mistake.
Unless you could do what he does.
A close friend asked me recently: "How does Glavcot Insights actually help
TAYLOR SWIFT: THE ECONOMICS OF OVER-SERVING
"It is our job to make this look accidental, and it is our job to make this look effortless. I don't think of this as the pieces falling into place. You PUT the pieces where they are."
— Taylor Swift to her dancers and co-performers,The Eras Tour (Taylor's Version) documentary
That stopped me.
The Book Value Trap
Why 57% of SGX companies trading below book value aren't bargains—and what metrics actually reveal business quality for Singapore investors.
