Homework not IQ

I read an article from Financial Times Guide Value Investing and would like to do a brief summary on how Warren Buffett and Charles Munger would do in order to identify which stock to invest: 

1. read annual reports of not just the company which we are interested but the annual reports of the competitors as well compared to the industry and personal research. 
2. Meet and talk with people from the industry
3. Favourable long-term prospects
4. Operated by honest and competent people
5. A business I understand
6. Available at a very attractive price

Starting slowly. :)

Post Chinese New Year Week

Highlights of the week:- 

1. Ken found a new place in Sengkang, he will be staying close to Chai Ann & Serene. I sincerely hope him all the best in his pursue of his career in Singapore. 
2. Pet ranger's interim business proposal presentation with AGF- Hard work, but amazingly fun. 
3. Authority visit to my work site, very time consuming.
4. Catch up with Caren in Marche Somerset. Drank 1.5 pint and got abit tipsy. :)
5. Celebrated Ken's birthday with Anthony in Bliss Restaurant in AMK. It wasn't a proper one as we were busy with our preparation of our presentation. 
6. Started to use google hangout for the 1st time. This is to try out if we could manage to catch up virtually.
7. Met Cary & Yuyen in their apartment near Novena. A nice catch up session with Yuyen and Cary. A lovely couple. Looking forward to see them soon. 
8. Met Amos in Coffee club near H&M in Somerset. It was a short catch up session with Amos, but wasn't too bad. 
9. Sold my first options. it is part of the learning experience. 

As for coming week, I guess I deserve a more relaxing week. I guess some boring books would be good enough to clear my head off. x

Wine List 2013- 18/2/2013

This is a wine list from my brother's friend in Australia- 

1. Dutschke Gods Hills Road Shiraz- $25
2. Browns of Padthaway carbernet sauvignon- $25
3. Dutschke Willow Bend ( Blend)-$20
4. Laughing Jacks Shiraz-$20

YUM.

 

Side note: 

I got off from work about 6pm yesterday, after an internal audit for quality in my work place which took me about 4-5 hours, I was pretty exhausted. 

Ken came straight from Changi Airport to fetch me from my workplace and we went back to my place. After we settled down in my place, we then went to Soup Restaurant in AMK Hub. It was a place where I am comfortable with. We ordered a package deal for 2 pax and we started our catch up session. It was really nice to meet Ken, and I am looking forward to see him around Singapore in the future. After our meal, we went to orchard to meet up with Amos, he was on transit from KK to perth, for a round of drinks, desserts and some catch up session.When we reached coffee club in Somerset- Anthony, Choi Mei, Ocean and Ah Taur are all there already. While Amos and Suan, a lady who accompanied Amos to buy CD nearby joined the table later in the night. As I was rather overwhelmed to be able to meet two friends in one night, I ordered Te Kairanga Sauvignon Blanc to mark this wonderful short reunion in TCC at Orchard yesterday. 

17/2/2013

1am- 4am- conducted research for US stock online, investigated herbalife stock.I was very interested into the stock but unfortunately Herbalife is not within my circle of competent. I somehow cannot imagine myself buying more of its stock when the price is falling. I decided to let go and continue my sleep. 

0939am- My phone buzzed, saw CCY message saying to postpone our meeting with the market team to 1030am. Great, I overslept! Rushed my way through to Bishan for meetup .  

1030-1315 Reached Bishan Food courst, had a quick breakfast, which cost me about 3 dollar and had some light catch up with Anthony and CCY, without wasting any time we started off with our discussion regarding PR market team for our interim presentation with AGF in March 2013. 

1315-1513- We hurried ourselves to Serangoon NEX. To join our legal team, Serene and Jonathan. We had our quick lunch in Burger King and continued with our discussion, mainly on how to tackle Anthony Teo, partnership, pilot and our funding.

1600-1820- badminton session with Serene, CCY and Jonathan. Awesome session. had fun and done serious workout. This badminton session was organised by jonathan and is my 1st badminton session in 2013. 

1820-2030- Dinner at boon keng food court, went to CCY place's to collect the sleeping bag from CCY. However, I lost CCY's sleeping bag on my way home as my bag was overloaded with stuff. I.e. Badminton racket, laptop, wire, books and shirts, etc. Went to NTUC in AMK to buy a new sleeping bag as Ken will be sleeping over tomorrow. 

2030-2330- Room cleaning and clearing. This was like an annual affair. I have forgotten when I have done the last room cleaning. 

2330-1230am

Showered, and wind down, guess my body deserve a good sleep now. 

I will leave my ironing session to Monday night. I guess I am too exhausted now. Good night! 

Weekend 17/2/2013

Post Chinese New Year- 

1. To sort out all money matters
2. To reply Newton Circus
3. To resume my badminton session on this coming Sunday.
4. To attend Mr Neo's open house. 
5. To GYM at least twice a week. .
6. To rest sufficiently
7. To resume my reading session- FT Value Investing.
8. To edit and amend PR video as per SPCA's request
9. To call Anthony, the pet mobile owner
10. Reply to Lilian- saying that we are ready for meeting up with SCORE
11. To discuss with fatty regarding state land authority approval.
12. Valentines day? Maybe next year. 

Chinese New Year 2013 @ Singapore

I will briefly describe my chinese new year celebration in singapore 2013.

This year, my parents and my younger brother came Singapore to celebrate CNY with me. 

We went around Singapore to eat, hang out, spent time together and catch up with ourselves. I really enjoyed myself these few days. A true quality time spent with my family. I somehow believe that the ties between us when we were away from KK seems to be stronger as we do not have any other commitments. 

It was a special Chinese new year celebration for me this year as this would be the first year I celebrated with my family in Singapore with mild dengue fever. By the time I wrote this post, I have well recovered. I guess readers will not need to worry. :) 

That is all for my simple chinese new celebration with my Family in singapore 2013.. 

Looking forward for our family gathering in April. :) 

Love

Two days MC

I am on two days MC, as doctor said that I have torn part of muscle fibre on my triceps, after I have overworked them on Sunday in Orchard Ngee Ann's City California Fitness.

So basically, I have spent most of the day on bed, trying to get as much rest as possible. 

On top of that, I have taken my very first protein drink in my life today. A chocolate flavour protein shake which I bought from GNC in Ang Mo Kio hub.The reason why I had protein drink, although is utterly dear,  is to hope that I could recover quicker. 

I am wondering what should I do tomorrow if I am doing quite well. :) 

Weekend 9/2/2013

For this coming week,

1)To complete another half of my financial knowledge book. Due to the fact that I am rather green with financial knowledge. Reading FT guide seems to be rather challenging! I shall break down into a few portions. Hopefully, I could complete the book by 21/2/2013. :)

2)To apply POEMS! I have to bring a Malaysian IC for application to site.

3)To arrange a meeting with Anthony and Adrian.

4) To go to gym. :)

5) To renew my RE membership too. 

I guess all these will keep me busy for a while. 

P.S: I have just subscribed a GYM 12 months membership with California Fitness. Maybe it will motivate myself to work out more in the future. :)

Jason's Monthly Expenses

Ok just a quick post on how my expenses will be allocated for the next coming 6 months.

So I will briefly review my goal in June 2013.

1)Rent, Accommodation = 20%
2)Transport                    =5%
3)Food                          =15%
4)Saving                        =20%
5)Invest                         =30%
6)Leisure                       =10%

                              Total 100%