Howard Marks Latest Memo: You Bet
I think this summarises the latest Memo from Howard Marks well. “Investing involves hidden information, luck and skill” Enjoy! Source: Oaktree
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Research on Thai Markets in general and the SET Index
Blackrock’s Annual Letter
Why pay attention to this? They only manage some USD 6 trn in assets…so it wouldn’t hurt to see what they are planning to do with their capital and here’s the two key paragraphs and a link to the 2 of their letters “ Climate change has become a defining factor in companies’ long-term prospects. […]
Read More →Market Update 13/01
It was all about the US vs Iran last week. The main news event this week has been that the government finally did their job and approved the budget for 2020 – only 3 months late. Who says “democratic” governments don’t work…
Read More →WHTW Top 10: 02/01 – 12/01
Govt told to delay land tax : Local authorites not prepared, says MP. The government is being urged to delay the implementation of a new land and buildings tax due to come into force tomorrow to give local authorities and taxpayers more time to prepare. Bangkok Post House committee slashes 2020 budget by B16.2bn : […]
Read More →Wien’s Top 10 Surprises for 2020
Oh how I love these, granted 80% are US centric (which is a given) but it’s still good to see viewpoints. There’s another 5 in the link to Blackstone’s website. The economy disappoints the consensus forecast, but a recession is avoided. Federal Reserve Chair Powell lowers the Fed funds rate to 1%. Without a comprehensive […]
Read More →Market Update 06/01
The market has started the year nicely with a quick +1% gain. But the funnymentals from last month remain a weak domestic consumer, a confused global trade situation where manufacturing plants are re-aligning and setting up facilities outside of China and have a look at oil. I’m ignoring the news about a WW3 and Iran’s […]
Read More →Market Update 23/12 – Last Post FY19
The last post for 2019, it just sunk in that it’s the end of the decade. And there’s something beautiful apart of the start of a new year and now a new decade. It brings about a sense of positivity despite the missives that occur both domestically and internally. Thanks for reading/commenting/emailing everyone. Have a […]
Read More →SET Index Semi-Annual Changes
Just announced, the latest changes for the SET50, SET100, sSET, SETCLMV, SETHD, SETTHSI and SETWB indices, effective for 1H20. SET50 In: VGI Out: ROBINS SET 100 In: BGC, STPI, THG, TQM, VGI Out: ANAN, BLAND, ROBINS, SIRI, TVO And go to the link below to see the rest. Source: SET
Read More →Market Update 16/12
Let’s see…what is positive…ok the government is going to push through hundreds of billions of baht of infrastructure projects next year, and they claim that there won’t be any delays. And…that’s it. Protests have started again. It’s been quite a few years since the last ones…so things are returning to normal in Bangkok. At one […]
Read More →WHTW Top 10: 09/12 – 15/12
Ministry restores rights for scheme : Some 1.1 million deprived registrants to receive rebate . The Finance Ministry has reinstated rights for the cash rebate to 1.1 million deprived registrants from the Taste-Shop-Spend scheme’s first and second phases in an effort to boost spending and economic growth. Bangkok Post UTCC: Confidence lowest in 67 months […]
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