Re-orienting after the Crash 市場崩潰後的重新定向 by Charles Cheng, CFA   Unprecedented. That is one way to describe the March meltdown in US and global financial markets. Not even in Great Depression or global financial crisis has a bear market […]

Investing through the Outbreak 疫情中的投資 by Charles Cheng, CFA     The COVID-19 coronavirus outbreak has inspired fear, severely inhibited daily life, and has resulted in many hospitalizations and tragic deaths, particularly in China […]

Behavioral Finance and the Personal Investor 行為金融學及個人投資者 by Charles Cheng, CFA     It’s been 50 years since Daniel Kahneman and Amos Tversky published Prospect Theory, which is considered the founding theory of behavioral economic […]

Is Stock Picking for Everyone? 選股適合每個人嗎？ by Charles Cheng, CFA     Stock picking is a time-honored investment strategy. Famous investors like Warren Buffett and Peter Lynch made their fortunes almost exclusively through investing […]

Invest Like You Gamble? 像賭博一樣地投資？ by Charles Cheng, CFA     Will the US- China trade war be resolved favorably in the near future? Will the US presidential election next year result in any major changes? What will happen with Brex […]

Back to Basics 回歸基本 by Charles Cheng, CFA   From both an investment point of view and in general, the world is a scary place at the moment. Political risk is high with diplomatic tension between major powers and the potential event ris […]

What is the “best fit” investment strategy 何為“最佳匹配”投資策略 by Charles Cheng, CFA   In previous articles, we’ve emphasized that one of the most important things asset holders can do with their capital is to maintain their exposure to finan […]

Trouble in Argentina 阿根廷困境 by Charles Cheng, CFA     Following surprise Primary election results, Argentina’s currency, the peso, fell around 30% in a single day on August 12th before recovering somewhat versus the US dollar. The […]

圖片來源：Wikipedia，德國法蘭克福證券交易所前雕像   How Much Are We Slowing Down? 目前經濟放緩了多少？ by Charles Cheng, CFA     After a decade of gains from global equity markets without a major economic crisis, investors are justifiably concerned about […]

What’s the Worst That Could Happen? 最糟糕的情況是什麼？ by Charles Cheng, CFA     The decision to put one’s assets in equity markets as opposed to cash, bonds, real estate, or commodities is based on one’s perception of the relative risks […]

Trading On Trade Troubles 貿易困難期的市場交易   by Charles Cheng, CFA     Markets took a tumble in May due to the trade war escalation between the US’s Trump administration and China. The MSCI World Index fell 3.4% between May 3rd and […]

Investing Math Matters 關乎收益的投資數學 by Charles Cheng, CFA 鄭又銓, CFA     The math of investing returns is something easily overlooked or misunderstood for the average investor. But even simple differences in calculation or understandin […]