My Journey

Introduction: The Wrong Nightmare As Artificial Intelligence accelerates at a breathtaking pace, the collective anxiety of the human species has coalesced around a single, terrifying question: "Will AI take my job?" This fear is ubiquitous, dominating headlines and dinner table conversations alike. We envision a future of destitute idleness where humans are discarded because we can no longer compete with the efficiency of silicon. However, this fear is a profound misdirection. In a rational and equitable society, the invention of machines that can plow fields, diagnose diseases, and write code faster than any human should be a cause for celebration. It should signify the end of drudgery and the beginning of an era where human labor is no longer the primary requirement for survival. The true enemy we face is not the technology that liberates us from labor; it is the economic structure that excludes us from the wealth that technology creates. The danger is not the "End of...

 If you were being chased by a predator on the savannah 50,000 years ago, "doing nothing" meant death. Our brains evolved to equate survival with action . When we perceive a threat—like a portfolio dropping 5%—our amygdala (the fear center) screams at us to do something . In the modern financial environment, this survival instinct is a liability. Here is the deep psychology behind why "sitting on your hands" feels impossible. 1. The Dopamine Trap (The "Slot Machine" Effect) Checking your stock portfolio triggers the exact same neurochemical loop as a slot machine. This is known as Intermittent Variable Reward . Predictable rewards (e.g., a salary) eventually become boring. Unpredictable rewards (e.g., checking an app and seeing a stock up 3% or down 4%) trigger a massive spike in dopamine . Every time you open a trading app, you are pulling the lever. If the numbers are green, you get a hit of dopamine (pleasure). If they are red, you get a hit of corti...

 As the trading days of 2025 dwindle, the activity surrounding CapitaLand Investment (CLI) has settled into a palpable stillness. Investors and market watchers looking for a dramatic finish to the year are likely to be met with low volumes and sideways movement. However, this uneventful drift is deceptive. It is less a sign of disinterest and more the holding of breath before what could be the most significant corporate restructuring in Singapore’s recent history: the potential merger with Mapletree Investments. The Anatomy of an Uneventful Year-End Your observation of "uneventful trading" is astute and driven by a convergence of seasonal and structural factors affecting CLI right now: The Holiday Liquidity Drain: We are deep in the traditional holiday lull. By late December, institutional desks are thinly staffed, and major portfolio rebalancing is largely complete. For a large-cap counter like CLI, which relies heavily on institutional flows, the absence of these big playe...

  Comparisons between Nvidia and Enron have surfaced in recent discussions, largely because both companies exhibit a gap between reported net income and free cash flow. At first glance, this parallel may appear compelling, but upon closer examination it collapses faster than a dot‑com startup with no business plan. Enron’s downfall was rooted in deception: it booked imaginary profits like a magician pulling rabbits from hats … except the rabbits were IOUs, and the hats were empty. Nvidia’s situation is entirely different. The company sells GPUs so powerful they’ve become the oxygen of the AI boom. The gap between net income and free cash flow is not the result of fabricated contracts but rather the natural consequence of vendor financing, supply chain bottlenecks, and heavy capital expenditure. In short, Nvidia’s numbers are real; they just take their sweet time showing up in the cash register. The chart of Nvidia’s financial trajectory illustrates this clearly. Net income rises st...