With circuit breaker, I finally have the time to read Nassim Nicholas Taleb’s 2018 book Skin in the Game: Hidden Asymmetries in Daily Life. What is skin in the game? It means standing behind what you say; having a stake in what you promote; and exposing yourself to the risk of what you advocate. If you are an organization, you are using the products or services you sell. If … [Read more...]
Coronavirus crisis will prove survival of the fittest
Survival of the fittest is a Darwinian evolutionary theory that believes during natural selection the weak die, leaving only the strongest to continue living and reproduction. With coronavirus lingering for over two months, we learn that this disease is unbiased during infection but discriminatory in fatality. We all have equal chances of getting it. But patients who are … [Read more...]
Podcast Ep#40: What Will Happen To Properties After Stock Prices Crash
Last night the stock market had its worst day since the 1987 stock market crash. S&P 500 and Dow Jones plunged almost 10 percent. 1. How will the slump of stock prices affect the property market? 2. Will there be many good buys in the Singapore property market soon? 3. How will different property sectors react to the Covid-19 crisis? 4. What to take note of when buying … [Read more...]