chowyonghan Author

Motivator-Motivation Matrix

I came out with this matrix after observing others and reflecting on my behaviour. It has some resemblance to Peter Thiel’s matrix. Lure of Success + High Motivation. Some people are more motivated by success than...

March 6, 2022| CYH, Matrix Read More

Ukrainians proved the ultimate utility of cryptocurrency

1. Crypto crashed during inflation and in anticipation of rising interest rate. People lost confidence that crypto could be an inflation hedge. 2. But crypto proved to have a crucial use for Ukrainians to receive...

February 27, 2022| CYH Read More

Keep losses small to tolerate poor accuracy

(Excerpt from Think & Trade Like a Champion by Mark Minervini) Most people are surprised when I tell them I would rather be able to maintain profitability at a 25 percent batting average than a 75 percent batting...

February 13, 2022| Inversion, Investing Read More

We all have an Emotional Stop-Loss

(Excerpt from Think & Trade Like a Champion by Mark Minervini) Everyone has an “emotional stop-loss” whether they like it or not. The point at which you can’t take it anymore is your emotional stop. For most...

February 13, 2022| Investing Read More

Two types of traders inside us

(Excerpt from Think & Trade Like a Champion by Mark Minervini) There are two types of traders inside you and me and everyone. One I call the builder— disciplined and process-driven. The builder is focused on...

February 13, 2022| Investing Read More

Songhurst Matrix

(Excerpt from Notes on Charlie Songhurst by Misha Saul) Boring and Complex Boring + Complex = low psychological appeal –> low competition –> high potential returns. Boring and Complex might also be...

February 8, 2022| Matrix Read More

Books to reread

Nassim Taleb: A good book gets better at the second reading. A great book at the third. Any book not worth rereading isn’t worth reading. James Clear: Start more books. Quit most of them. Read the great ones...

January 25, 2022| Books Read More

Lindy Books

A book that has survived centuries are likely to last even longer into the future, by Lindy Effect. Surprisingly, old books can give us clarity about the world as they do not suffer from the distractions and facades of...

January 25, 2022| Books Read More

What long term investing is NOT

One group of investors knowingly don’t bother to invest long term because they think it is too slow. The second group think that they are investing long term but they are actually not. I’ll label the former...

January 24, 2022| CYH Read More

Lindy stocks for long-term investing

Mental models are sexy (for some people) but it can be challenging to apply them in our lives. It happens to me too and the clarity only come after some time – usually through certain situations whereby the mental...

January 18, 2022| CYH Read More

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