Author: YH Wong

I periodically recycle old posts on my blog to ensure that new clients can benefit from valuable content they may have missed and this post is one such example.  We certainly live in interesting times. In the digital age, artificial intelligence (AI) is transforming various aspects of our lives. The conclusion I am getting from…

I picked this up from a conversation between two partners based in the US. One was clearly more bullish than the other, and I thought his argument was interesting. His view is that Warsh will probably try to keep everyone reasonably happy by leaving rates unchanged through the end of the year. Well, that should…

In my work, I read a lot every day. I just finished reading a 19-page report by AllianceBernstein on the 100-year portfolio, with plenty of interesting charts and data. There is always something new to learn. Sometimes, even after years in the market, a good report can still make you stop and think. Here is…

Most people in this business only talk about their winners. I have been doing this for 30 years. I have had losses. Real ones and well, the kind that cost money and time. Most people in this industry bury those stories. Nobody builds a personal brand on the trade that did not work. Here is…

Over the last couple of years, investors have looked to the annual Jackson Hole meeting for clues about where interest rates and the markets might be heading. The formula was fairly straightforward. Listen to the Fed Chair, look for a hint, and then watch the markets interpret every word. This year was a little different….

Here we are. September has begun. Every year around this time, we hear the same familiar warning: “September is going to be a disaster for the markets.” Oh no! It seems September has acquired quite a reputation. What interests me is where we are coming from. Investors are increasingly nervous about rising bond yields around…

Pranayama, an ancient practice rooted in the Vedas and detailed in Patanjali’s Yoga Sutra, a foundational Hindu scripture from around 200 B.C., involves breathing exercises designed to clear physical and emotional blockages, freeing the breath and allowing the flow of prana, or life energy. Typically, Pranayama is practiced before meditation to prepare the mind and…

It is a long weekend and I find myself looking back at the blog. Yeah, over the months, the style and content of my blog have continued to evolve. My interests change. My experiences change. More importantly, my way of looking at the world changes. It would be rather strange if the writing did not…

The devastating floods in Nepal should make all of us stop for a moment. My deepest condolences and prayers go to the victims, their families and all those affected by this terrible tragedy. No words can really ease the pain of those who have lost loved ones or their homes. It is easy to look…

I know one of my partners has been under tremendous pressure over the past couple of weeks. The recent volatility has hit his portfolio and with it came the inevitable questions from frustrated investors: Is the strategy still working? Has the methodology stopped working? Should we be doing something different? I understand what he has…