Well, when Jamie Dimon of JPMorgan Chase says “Watch out,” it is usually not small talk. In his latest update, he admitted, “You feel stupid when everyone’s coining money and everyone’s great… it does feel really good.” That pretty much sums up late-cycle psychology. After that deep breath comes the warning. Here you go –…

With or without Trump, markets remain inherently probabilistic. The future has never signed a contract with anyone. All we can do is think in scenarios, assign odds, and position ourselves accordingly. In this webinar, I will walk through the most likely paths forward and attach rough probability weightings to each. As for my own positioning,…

During this Chinese New Year festive season, you will see many people enthusiastically rearranging their homes, consulting feng shui masters, wearing specific colours, placing lucky plants at precise angles, and performing all sorts of traditional rituals to “invite” more wealth in the Year of the Horse. Suddenly, furniture starts moving more than the stock market….

Going forward, updates on this blog will happen whenever I can carve out the time which may be less predictable than market volatility. I will be busy scaling my work with partners, both existing and new ones. Growth is good, collaboration is better, and as much as I enjoy writing here, the real work and…

The Chinese are often described through numbers but resilience cannot be measured statistically. It is rooted in a civilization spanning more than 5,000 years, a culture that has endured dynasties, invasions, revolutions, and reinvention without losing continuity. Hard work is deeply embedded in the culture. For generations, survival depended on discipline, thrift, and perseverance. Progress…