My Investing Muse

Workato Automate Asia 2023 Mindsets & Methodology. Source: Workato I attended the recent Workato Automate Asia 2023 and walked away with a better understanding and appreciation of AI and Automation (AIA). I have seen new possibilities of how AIA could be incorporated as a singular  Action Plan , especially when we are using different platforms for our operations. During the session, we learned about the development of an AI2 enterprise built on  mindsets of growth, scale, and process . With low code / No code (LCNC) tools, companies can empower the various departments in their digitalization and operational optimization. As we develop our plans, let us build our solutions on the  pillars of data security, data privacy, and data governance . The solutions that we eventually implement can be  safe, secure, and scalable . AI is not meant to be autopilot but would be better positioned as a  co-pilot . Sorry to disappoint the hopefuls, but AI is  not  t...

This diagram (below) provides a good summary of skillsets needed for investors, thanks to my knowledgeable friend Mr Steven Lim. Recommended skills to learn for investors In the world of investing, my mission is   NOT   to prove anyone wrong or my investing thesis right . I view investing as a   "1 on 1"   fight between my knowledge, understanding and application (which I hope to call wisdom) against the market . With each of us having   differences in values, personality, upbringing, learning, risk-reward tolerance, investing time-horizon and areas of expertise, we will end up interpreting the same data differently . This can lead us to make different decisions, considerations, strategies, capital allocation and also how we plan to enter and exit the market. There is not one "investing" rulebook.  So long you make money, all is well.   However, I have learnt that eventually, the most important commodity is not money but rather TIME .  Thus,...