Caveat Emptor

Frustrations with the CFA exam As the CFA exams schedule took yet another setback due to the covid situation, I decide to take a break from my studies to refresh myself and recover from the burnout. Due to workplace limitations in applying for adequate study leave for my exams, additional stress levels incurred from my interactions with the ill prepared exam provider Pro-metric, and the pass rate for my mocks not yet at a satisfactory level, I decided to defer the exam to November. From a probabilistic perspective, the odds of passing of taking the exam is lower if I choose to execute it at this moment. Since I was granted this <call option> free of charge to execute the exam at November, I will exercise it and take the exam when the uncertainties are resolved and I am better prepared for it. I will commit to do my best in November for the purpose of regret minimization. I will also be mentally prepared to write-off this project if it does not come to fruition.   Limitations of

    Dogecoin Millionaires As the price of doge-coin reach new heights, <Dogecoin Millionaires> began appearing on the headlines and <Dogecoin Investors> started appearing on Facebook investment forums to dispense their worldly advice. Much as I love the shiba-inu dog and meme, I do not see any correlation between the lovable animal, and the lines of code generating limitless supplies of tokens which are plastered with the shiba inu label. More specialized investors in the cryptocurrency space, which once dismissed Dogecoin as a shitcoin, will have been dumbfounded by the magnificent multi-bagger they have missed out. I have no doubts that there are specialized investors in the DLT / Cryptocurrency space that have very high spheres of knowledge, that can spot the game changers and emerging technology trends that may revolutionize the world. I am personally impressed with the developments in Project Ubin, which has potential to disrupt the SWIFT Network, and revolutionize th

Important lessons from Clay Christensen The YouTube algorithm recently led me to a series of lectures from Clay Christensen, a brilliant thinker in the realm of disruptive innovation. Unlike Cathy Wood who has an incomprehensible strategy of investing in disruptive technology (her pitches sounds disturbingly like a concoction of mega-trends, buzzwords, and unverifiable projections), Clay Christensen has a more contrarian but rational decision matrix towards thinking about disruptive innovations.  As I am still trying to learn more about mega-trends and how Silicon Valley companies operates, I plan to go through his lectures in due course. Despite him passing away last year, his insights live on and I believe I can benefit greatly by exploring his methods and insights.     How Will You Measure Your Life? Editor’s Note: When the members of the class of 2010 entered business school, the economy was strong and their post-graduation ambitions could be limitless. Just a few weeks lat