Headwinds are facing world markets

26 March 2018

Dear Fellow Investors,

I would like to thank all of you who attended our Quality Value Investing course Friday.  I  hope you found some useful takeaways. We will repeat this course in the Fall due to the good response.

I recently watched on Astro HBO a very inspiring movie entitled The Founder. It is the true story of Ray Kroc who transformed two brothers innovative fast food restaurant, McDonald’s into the biggest restaurant chain in the world with a combination of ambition, hard work and focus. 

MacDonalds has all the qualities of a sound value investment.

It reminds me  of what we look for when we want to invest in a quality business. It checks all the boxes for a Warren Buffet investment.  

For you value investors and business persons   you need to  watch this movie.

Headwinds are facing world markets  so we need to keep a low profile.  These headwinds include talk of a possible trade war . This is being hyped 24 hours a day by the media. The hype is causing extreme fear and uncertainty among the crowd. Popular shares followed by the crowd including Facebook, Amazon, and Google are being hammered.

As Warren Buffet said we should avoid popular shares and focus on value shares. That is our best defence. Our portfolios are weathering the storm and we maintain our cash position to be able to pick up bargains once the markets quiet down.

I will be in Penang and Thailand from Sunday to Wednesday and you can always contact me by email should you have any concerns.

Invest well and grow your wealth

Bill

Today’s critter is a Komodo Dragon from Indonesia. You can see this magnificent creature in Zoo Negara as well as the Singapore Zoo.