My Investing Muse

When we invest, the common goal should be that of profit.  Our personality, values & understanding play a part in how we invest.   More often than not, my emotions let me down as the voices of FOMO (fear of missing out) and YOLO (you only live once) crowded out rationality and discipline.  I have learnt through personal failings that successful investing has more to do with discipline than emotions .  Irrationality seeps in as we ponder what we could miss. Of course, there would be cases where these "gut" decisions were correct.  For me, I have more misses than hits. The other element of investing lies in the "selling of hope".  Some stocks created great anticipation leading to their listing.  Thus, it is not surprising to find these stocks being oversubscribed and their listing will be burning bright for the initial days.  Rivian arrived with much aplomb with funding from Ford and Amazon.  Amazon has placed an order of 100,000 units...

Grab  $Grab Holdings(GRAB)$  plunged 37% yesterday following its earnings report .  The stock collapsed from its peak of $17.15 to the low of $3.28 as per closing yesterday.  The company has not been making money and the challenge to break even looks to be steep.  In lieu of the coming Fed rate hike, people will move away from such businesses (with the hope of future profits) to other value stocks.   Stock of Grab fell 37% after announcing its earnings Extract from Yahoo Finance news: Southeast Asia’s ride-hailing and delivery giant has  plunged 63%  since its debut, placing it among the Nasdaq Composite Index’s worst performers over that stretch. Thursday’s drop marked its biggest selloff ever after the Singapore-based company’s quarterly net loss nearly doubled from last year while  revenue shrank 44% . The tumble came as 116 million shares changed hands, more than four-times the average over the past month. Grab -- which counts SoftBa...