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

Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 30 May 2015

Up The Pyramid of Data and Information Into Your Wisdom???

After more than 15 years, he is still reading finance and investment books from NLB's book shelves; but hardly can find anything interesting or new to him. 

Bo pian! No read. How to know there is nothing new or interesting to discover? The Paradox of reading?

Most of us are likely to have read the same set of data or process the same data to form your information. But, why so few retail investors have lifted themselves high up enough to able to tell their investment success stories after decades of investing in the stock market? 

But, do help yourself to differentiate investment success stories coming out from those who have vested interests (Cannot always use the word Snake Oil. Must learn fast from SMOL who chooses his word carefully)

Only one page worth remembering from reading this book.

Oh shit! I must get out. Wow! $XXX in XX days. So Shen!

That is knowledge?

Oh dear! These things keep happening; anyway still surviving. X,XXX% in XX years! Hardly anyone hearing it will get excited. Right?

That is wisdom?


  1. CW,

    I come echo what you say :)

    "I insist on a lot of time being spent, almost every day, to just sit and think. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life." - Warren Buffett.

    Even Warren Buffett agrees with you!

    The trouble is some retail investors are even too lazy to read Warren's annual letters directly. Preferring to pay money to have others "summarise" Warren's tidbits of wisdom for them...

    If we rely on summaries of summaries, its a bit like taking a photocopy of a photocopy of a photocopy - overtime, what we get is a watered down version of the original - can even be misleading if taken out of context!

    Don't like to read? Too many words? So look at "ang-kong" lor!

    Charts look "easy", but its more like the Chinese game of GO (wei qi).

    And we are back to square one :(

    Guess what?

    If newbies ask us for our "secret", you can say, "Go learn fishing", and I say, "Meditate"; and we are both essentially saying the SAME thing!?



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