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Showing posts from August, 2018

The Ultimate Call Option

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The ultimate call option Cash is a call option with no expiration date, an option on every asset class, with no strike price.” “Wealth is not about having a lot of money; it’s about having a lot of options. When entering into a new investing idea, think of not just investment costs, but also opportunity costs.  The importance of a cash buffer Disciplined savings and accumulation of money is the motto I have been staunchly following for the past 2 years. As a novice investor in a recovering economy, opportunities are abound. The only grouse is that I lack the experience and the war-chest to accumulate positions and stakes in companies that I am confident in. Now, the position is reversed. While many investors are crowing over their financial freedom dreams and new era stocks and IPO, I have been increasingly finding it difficult to find companies that are reasonably valued and have a good economic moat. I have accumulated sizeable positions of undervalued companies th