Handling year-end appraisals
For many, it is that time of the year again for festivities and holidays. However, it is also the time of the year for many companies to...
Reflections for the year end
It is often said that we can't let our jobs define us. But how we do our jobs, and behave with our colleagues and clients ultimately determines the kind of person we are.
No such thing as fair value
There are no formulas for the correct cost of capital. There are only astute decision makers and those who are afraid to get caught on the wrong side of the outcome.
A new new normal
Maybe what the world needs now is to be be less pessimistic and gradually learn to embrace a new normal of a controlled market economy rather than a free economy that is jacked up on steroids.
Stupid money is as stupid does
For what initial public offerings are worth, they essentially represent the final destination for all stupid money, the final equity takeout representing the finishing line for all early investors in the business.
Hong Kong is not what it used to be
No crowds. Only a handful of shops open. Lounges are dead.
The great FTX blow up (part II)
Rather than using leverage as a financing tool to grow business, a large part of leverage today is being mis-used as a product by bankers to profit from greedy customers who want to achieve outsized investment returns.
The great FTX blow up
Do I think an investment into crypto or bitcoin take off? I do not know. More important than what I think is actually what others think.
The slippery slope of irreversible change
The reality that Hong Kong now has to go out at length to advertise itself reveals how much its economic environment has deteriorated over the last few years.
"Un-investable"
Our lack of understanding in how different countries are being governed are rooted in bias, largely based on what we are familiar with and what we are not.