As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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

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Value Investing
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Sunday, 6 January 2019

Something Behind Our Luck Factor And Chance In Randomness Environment Where We Have No Control

Uncle8888 may have learnt something over the past two years roaming across the island of Singapore. 

What is that something behind our luck factor and chance in the world of randomness where we have no control over the events happening?

This may be also true in long-term investing where we have no control and cannot foresee the FUTURE decades ahead of us!

Uncle8888 bothers to pick up coin even it is 5 cents. That is 5% yield on $1 investment capital and FOC! Hmm .. okay. Just stop, blend down and pick up.

In 2019

When Uncle8888 has realized the frequency of picking up coins and started taking photo to keep track of the number. It is nature of Ant who counts up to two decimal points to be accurate on data points.

From June to Dec 2018

We often hear and say it ourselves. 

Oh you are lucky!

Yeah I am lucky!

So what is behind this Luck factor?

Hmm ... after last two years of roaming across the island of Singapore and becoming top public transport user identified by LTA. He now thinks that is the Law of Large Number behind our luck factor!

This may be applicable to long-term investing too.

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