ON WRITING

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I noticed that the one thing I could not avoid is to write something about anything My writing may not be perfect but to me it feels like therapy--to extract words out of my thoughts, like an itch I need to scratch. I know early on that I was not good at speaking my mind---when I get anxious I speak fast and when try to speak slowly, it feels like I'm trying too hard. So I opt to writing my thoughts instead--no pace, just a string of interconnected words and phrases. 

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STARBUCKS ($SBUX): DOES EARNINGS MATTER?

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A lot of controversy on Starbuck's disastrous quarterly earnings report, but of course, the news is the most delayed indicator and the fact that earnings reports are delayed in itself because it reports the earnings and revenue of the previous quarter. The current report will not entail what's currently happening and in the next quarter/year and so on. I saw this happen on Facebook ($META) before when Mark's competency was in question after they reported a series of terrible earnings after a huge bet (that failed) on VR, the stock was down about 70% from it's high at the time,…

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DOLLAR: LOVE IT OR HATE IT

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The dollar being the reserve currency, it is tied up with global inflation, and to slow it down, the central bank has to strengthen the reserve currency. This means higher demand on owning a dollar because people/institutions would want to own a stronger currency to keep them afloat against inflation. With most commodities priced in dollars, this means that other currencies will continue to lose value if global inflation isn't controlled. For that reason, there are governments and institutions that wanted to break away from a dollar-dominated market hence they're considering digital currencies as a viable storage of value. The…

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Asking questions can be a strength.

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I came from a country where "not knowing" is frowned upon but you're kind-of worshipped if you've known something that others don't--same concept applies to tenured employees and "just because" politicians. As I become more aware and less pretentious (lol), I find the culture ridiculous, it builds a false facade of strength on a weak foundation. How can you possibly know everything or worse pretend to know a plethora of topic without any help? I strive to learn everyday, but learning also entails asking questions. You grow by asking them too, it's not weakness, it is actually a strength. Coming…

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Investment Performance for 2023

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In this year I made major adjustments on my investment approach. I made this change because of the painful experience of losing a lot of money in 2022. And I realized that life has a lot more to offer than constantly checking on the positions I hold and trade them multiple times per month. I got sucked into the idea that trading is the better way to make it big in the stock market. As a trader in the Philippines, I never thought of tax implications that come with trading equities. It's a very different experience in the US. There…

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