By Do you still use Excel to log your team’s tasks and try to calculate the time spent for each process? Have you found that not all your teammates remember to fill in the Excel? Do you find analyzing data in Excel difficult due to inconsistent formatting? You are not alone. I have the same problems …
Is Berkshire Hathaway a Good Buy?
This post is written at 23 March 2020. I think many of you know Berkshire Hathaway, the company managed by Warren Buffet. The company has a lot of subsidiaries, ranging from insurance, freight rail transportation, utility, to real estate brokerage services, and many others. According to the 2019 annual report, the compounded annual gain from …
How many MPFs can beat the market?
In the previous post, I have shared with you how to scrape MPF performance data in AAStocks. I have also raised some questions on the claims from MPF agents that their fund managers can beat the market: Is it true? Am I better off by investing in low-fee and passive funds? In the post, I …
A Mistake Had Been Made on Buying USO
Date: 22-04-2020 On 20-04-2020, I brought 332 shares of USO @ 3.845 (Luckily, a relatively small amount to the whole portfolio). I have sold all of them on 22-04-2020, taking a loss of around USD 376. Reflecting myself in the night, I conclude the following points: Not staying in my circle of competency. I don’t …
Math and Machine Learning Resources for Self Learner
Linear Algebra Textbook: Linear Algebra Done Right (Edition 3)Selected Exercises: Berkeley Math 110Solutions: Link Textbook: Linear Algebra Done Wrong Probability Introduction to Probabilityhttps://ocw.mit.edu/resources/res-6-012-introduction-to-probability-spring-2018/ andhttps://ocw.mit.edu/courses/electrical-engineering-and-computer-science/6-041-probabilistic-systems-analysis-and-applied-probability-fall-2010/ Machine Learnings Cornell CS4780 Machine Learning for Decision MakingYouTube: https://www.youtube.com/channel/UC7p_I0qxYZP94vhesuLAWNA/playlistsCourse webpage: https://www.cs.cornell.edu/courses/cs4780/2018fa/Course note: https://www.cs.cornell.edu/courses/cs4780/2018fa/lectures/
How to Scrap MPF Performance Data from AAStocks?
Recently I have a random thought on comparing MPF performance with Index (SPX, HSI) performance. Many agents claim that their fund managers can beat the market! Is it true? Am I better off by investing in low-fee and passive funds? I am not an expert in MPF. I just try to find data to verify …
Brainteaser #4
I have a 20*20 chessboard and a very large box of identical cubes. Each square on the chessboard is the same size as the face of any cube. I am going to arrange piles of cubes on the chessboard in a special pattern. I align one edge of the board so it is running north-south. …
What if CCL Goes Bankrupt? Net Liquidating Value of Carnival Corp (CCL)
When Covid-19 will end is an unknown. Although it is believed that CCL liquidity can sustain the business for half a year or even a year, there is still a possibility of bankruptcy. If the current price of CCL is below it’s liquidating value, buying the stock can be a good investment since even if …
Brainteaser #3
Is Carnival Corp (CCL) Liquidity an Issue?
In personal finance, liquidity can mean do you have enough cash to cover a certain amount of spendings, say 6 months. In a company, I think it is similar, does the company have enough liquid assets and short term borrowing power to cover a certain amount of spendings, say 1 year. I am not sure …
