@MothershipSG What’s his job exactly? I would love to sit around in meetings all day and just declare emergency once in awhile and sign papers to approve budget for idk what.
Wanting to invest without suffering drawdowns is like wanting to drive without encountering red traffic lights.
You stop for a while at traffic lights and then just move on. Your compounding stops then it resumes. Even Warren Buffett can’t avoid red traffic lights.
Ways to Survive Any Stock Market Corrections:
1. Don’t use margins
2. Have a long term investment horizon
3. Never invest money you need in the next 3 years
4. Buy good companies that are able to grow during economic tough times
5. Have good buddies/hobbies
8/ Forrest's ending comments
- We work very hard for the best interests of our company.
- We are still very young, a 12-year-old company. We're still a young kid.
- We're going to face challenges but we encourage ourselves to look at the LT opportunity we're seeking.
🧵 on $SE AGM Takeaways
1/ Sea will continue to implement a mixed strategy of having their own logistics and relying on 3PLs to serve newer markets. Eg, Brazil. It's an efficient and pragmatic method.
Sea Limited’s $SE Shopee moving into hotel bookings, partnering with Agoda and https://t.co/GcYm8gt8Uh to book via their app.
Shopee Hotel expected to launch in Singapore, Malaysia, Thailand, Taiwan, Indonesia, Vietnam, & Philippines.
https://t.co/uillDhftGC