This week, we are very please to introduce ucypmas ..
Investideas: You have a very special nick. Why are you using this nick and what does it mean ?
My friends used to call me uncle when I was in school. The nick is a combination of that and other parts of my name.
Investideas: What can you tell us about your background ?
I graduated in from NUS Engineering in 2002. I am currently working as a market research person in the Oil & Gas industry. I am currently in my early 30s and I am married with one baby .
InvestIdeas: How long have you been investing / trading ?
I began investing in 2003, in the US stock market. It was a case of me doing what I know and I thought the best fishes were in the US market at that time. I actually followed the Motley Fool and their recommendations. I eventually realised that their recommendations were a bunch of crock but some of their boards have good information, if you have the time to sift through the enormous volume of posts there to find things you are interested in. I also picked up my knowledge of financial measures from their site so its not a total waste of my time. I got into the Singapore market in 2008 as the markets tanked and I started looking for something with less currency risk and closer to home.
InvestIdeas: What is your Investment Strategy ?
None really. Over the years I have learned to look out for the various attributes of a business, and to understand how they earn their keep rather than analysing a lot of ratios, rate of returns etc. This is also partially driven by my lack of skill with regards to analysing accounting statements.
But more often its because of my belief that you need to understand whether a business is a good (or at least reasonable one), to put their other things into context (e.g. a huge cash pile would be useless if left to a spendthrift management).
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