I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Monday, 5 January 2015

Keppel draws 2020 road map


CEOs of listed companies are NOT Grasshoppers!!!

Will any Grasshopper investors put their money where their mouth is by investing in CEOs who are Grasshoppers?

No plans. No Goals. No Prospect!

We just dance in rain and chill in the Sun. 

You investors come and put your money with us.




3 comments:

  1. Eh...

    These are hired-hand CEOs...

    You think they will be around in 20 years' time to review the goals and plans?

    Have you noticed hired-hands like to have a planning timeline that's longer than their tour of duty? (Ahem, been there; done it)


    If you look at founder first generation entrepreneur "CEOs" - those who start up the companies from the ground up - they speak differently ;)

    Where got time to have a strategic 20 years plan when you are frantically trying to keep your 1 year old startup from running out of cash? When you have no clue whether you will survive the next month?


    Stewardship of a kingdom is not the same as conquering a kingdom ;)

    ReplyDelete
    Replies
    1. Yeap! The key word is "listed".

      Grasshoppers can dance and sing with their money. Who care?

      When it is investors' money, better change to NOT Grasshoppers. Investors only see goals, plans, return, and payback.

      Like what one of SGX listed companies, Mr Fish-man said at one of the SIAS company profiling seminar. He has regretted taking his company public.

      Why?


      Stewardship of a kingdom is not the same as conquering a kingdom?

      Answering to yourself only and answering to many others is the not same.

      Delete
    2. CW,

      With that we are in agreement :)

      I feel frustrated when mom is earning peanuts putting her savings in fixed deposits.

      But the thought of trading on her behalf freaks me out. So I keep my mouth shut.

      Yup, answering to myself only and answering to mom is the not same ;)


      Shareholders should act like landowners and make sure their shepherd is working and not skiving - hence the inventions of KPIs, Management by Objectives, and what not to place as "shackles" on the shepherd.

      However, when the shepherd have many "bosses", he will only answer to that particular landowner that hired him.

      Minority shareholders and majority shareholders are not the same - just ask Steve Jobs ;)

      Delete

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