Monday, March 31, 2014

Becoming A Good Investor

If you want to be a good investor you must know as much about life as you can and also about the world.

Investing: Depressed Assets & Change

If you can find things that are depressed and therefore cheap and where there are good changes taking place, you can make a lot of money.

China: The Largest Creditor Nation

They are the largest creditor nation in the world, the united States the largest debtor nation, not just the largest debtor in the world, but the largest debtor nation in the history of the world.

Friday, March 28, 2014

Why I Moved To Asia

In the 1920`s and 1930`s the center of the world moved from the U.K. to the U.S. exacerbated by a financial crisis and mistakes made by politicians. the same thing is happening now. The world is moving from the U.S. to Asia. So I moved to Asia too.

Monday, March 24, 2014

When The Liquidity Dries Up, Everybody Will Suffer

There is huge artificiality in the world, some of it its in Asia but its everywhere. And when that artificial sea of liquidity starts drying up, everybody is going to suffer including Asia. But I would rather be with the creditors and the dynamic people on the rise than with the debtors at a time like that.

Saturday, March 22, 2014

Asset Bubbles Around The World

There are certainly bubbles in the world. American tertiary education is in a bubble if you ask me. But there are other bubbles too. European football teams are in a bubble, property in Hong Kong is already going down from its bubble but Asia is in a better position than the rest of the West. Everywhere there`s artificiality going on. China has a real estate bubble and they are trying to pop it.

Friday, March 21, 2014

There Is Liquidity Floating Everywhere

If anybody is being artificially inflated right now, it is the United States. But its not just the United States, it is everybody. Everybody has low interest rates. This is the first time in recorded history we have had every major central bank printing huge amounts of money trying to debase their currency.

So, what we have is an artificial, a huge artificial ocean of liquidity floating around the world. Yes, some of it floated into Asia, a lot has floated into the United States. I mean, it is amazing that stocks in the United States are near all time highs even though economic conditions certainly aren`t as good as they should be at an all time high. But that is because of this artificial ocean of liquidity floating everywhere.

Related: SPDR S&P 500 ETF Trust (SPY)

Tuesday, March 18, 2014

The Internet Will Continue To Revolutionize The World

Internet in China, in the world, is going to continue to explode, its going to change everything we all know. My daughters will never go to a bank, my daughters will never go to a post office. Many things are going to be on the computer then. It will continue to revolutionize everything we know.

There will be periods when the governments including China will try to restrict and control, it is happening in America now, it is happening in other countries but it is so powerful that it will overwhelm all governments including the Chinese no matter how much they try to suppress it.

Friday, March 14, 2014

MBA`s: Waste Of Time & Money

Getting an MBA in your lifetime will be a total waste of time, money, energy and everything else. Let me tell you why.

First of all, having taught in a MBA school, I can tell you most of what you learn is totally wrong, you have to pay a lot of money to learn incorrect stuff and then you have to go out and you are 2 years behind everybody else because they were working. So it wasted you a lot of money to fall 2 years behind everybody else. And then it will take even more time to unlearn the things you learned at the business school.

Thursday, March 13, 2014

Lessons Of History: Downfalls

Within 3 generations the United Kingdom went from the richest and most powerful country in the world to being bankrupt and being bailed out by the IMF.

Wednesday, March 12, 2014

I Stumbled Onto Wall Street By Chance

Quite by chance I stumbled onto Wall Street. I did not know there was a difference between a stock and a bond when I stumbled on Wall Street. I immediately fell in love and I knew I was on the right place.

The People In Life That Are Most Successful

Study whatever your passions are. The people in life that are most successful are the people who figure out their passions and many people never do. Figure out your passions and them pursue them. Study whatever you think is wonderful. Figure out your passions and pursue them, no matter what they are.

Tuesday, March 11, 2014

The World Is Changing Fast

The world is changing and changing dramatically and that is one of the most important things to get you successful in life, if you understand that.

Monday, March 10, 2014

Video: How I See The World And What I Am Doing About It




Video: "How I see the world and what I'm doing about it", Yale-NUS College President's Speakers Series 2014