Important Investment Lessons I Learned this Month for Banking Stocks

I set up the investment strategy to take advantage of historically low valuations for banks.

Source: WSJ

This was a great opportunity but I was of the opinion that they could be acquired at much lower prices then.

  • Bank Negara’s interest rate policy: I was of the opinion that Bank Negara would lower their interest rates as Covid-19 cases were soaring. They didn’t.
  • Malaysia’s 3Q GDP numbers: I was of the opinion that Malaysia’s economy will still contract in 3Q 2020. It did contract by 2.7%.
Source: WSJ

Stick to my investment thesis and don’t be greedy.

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An economist and an investor who is highly interested in the realm of macroeconomics and finance, and how to combine them together

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Ho Su Wei

Ho Su Wei

An economist and an investor who is highly interested in the realm of macroeconomics and finance, and how to combine them together

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