Aloysius Chan's Blog

Review: This book provides a sense of why you should explore investment options than putting money in the bank as they practically does the same thing with fees. Rated: 8/10 Finance provides 4 vital services: Safe custody: wealth storage Payments system Intermediation between lenders and borrowers: adequate cash Reducing risk: venture funds are widely spreaded If managing a fund too small, eventually the fund will depreciate due to fee management Institutional investors improvement strategies Looking in the mirror: self performance assessment 2-way communication: more transparent for investors DIY fiduciary duty: improved regulation Pay for performance Benchmarks: with national bodies Regulation should make markets work better Problems with atomized approached in regulation Assumes every part of a system is well designed, a chain is as strong as its weakest link Models for future measurement are not accurate Only regulate at entity level Too much responsibilit...

Review: covers most of the modern times emerging economics factors with a little pinch of biases, besides identifying the factors it contains possible opportunities to engage too. Rated: 8/10. Ancient Greeks tattooed messages into their envoy and wait for hair to grow back before sending them away Purchasing power parity (ppp): real economic value under real-world exchange rate that is adjusted GDP Genuine progress indicator (GPI): alternative view on economy health Barriers to trade Tariffs Quotas Subsidies Opium war was due to trade war and HK was a strategic port More immigrant = more demand for local services Triffin dilemma: conflict of economic interests that arises between short-term domestic and long-term international objectives for countries whose currencies serve as global reserve currencies Robots are going to replace d jobs Dull Dirty Dangerous Delicate Money laundering Placement: finding a bank that will believe you earned the money legally Struc...

Review: Combination of a small percentage of medical science and a lot of examples, you will be taught to see things in a different light - of course with constant practices. Rated: 8/10 Looking for keys in the dark street, someone only searches the place where light is even he dropped his keys elsewhere because he can’t see in the dark You are aware that you are usually unaware Research by social psychologists has shown that the answers people give tend to not be true to a surprising degree In real life trial and error, and it’s not only how we uncover our biases. It’s how we actually make new ones 5 Principles: Celebrating uncertainty Openness to possibility Cooperation Intrinsic motivation Intentional action

Review: Your complete guide for anything about equity - from history to current strategies to the right formulas to get the optimal portfolio. A long read but worth it. Rated: 9.5/10 Quantitative and measurement Alpha: measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against Mean-variance-leverage optimisation (MVO): a quantitative tool that will allow you to make this allocation by considering the trade-off between risk and return Markowitz general mean-variance portfolio selection model (GPSM) Black-Scholes-Merton (BSM) model: a mathematical model for pricing an options contract Dividend discount model (DDM): valuing a company's stock price based on its future dividend  Information coefficient (IC): measure of the merit of a predicted value Regularities measurement Low P/E: outperform high P/E stocks Small size: correlation with future performance Dividend yield: capital gain vs d...

Review: Fairly covers the basic of how AI can interact and apply to our future. Conversational based content using with good illustrations and examples. Rated: 8/10 Customer experience (Brian Solis, Wiley 2015) 86% of consumers willing to pay more to receive a better customer experience 1% of customers feel their expectations are met consistently Data growth (microfocus.com) 44b GB/day in 2016 463b GB/day in 2025 Data feedback loop Data intelligence People: empowered employees Products: transformed products Operations: optimised operations Customers: engaged customers AI advancement (McKinsey) 10 times faster and at 300 times the scale of the industrial revolution Industrial revolution scale 9 types of intelligence Intrapersonal Spatial Naturalist Musical Logical-mathematical Existential Interpersonal Bodily-kinesthetic Linguistic SUPER framework: hardness AI Speed Understanding Performance Experimentation Results Gait analysis: system...

Review: Extensive reach from this book with plenty of proven models that is easy to understand. Covers major content but still lack of holistic MBA essence. Rated: 8.5/10 Resilient management Forecasting and planning Organising Commanding or directing Coordinating Developing outputs Controlling (through feedback) First level manager: Learning from doing Learning the ropes Taking on responsibility and decision making Middle manager: An informed curiosity Self-preservation Responsibility for implementing small to medium scale change Senior manager: Stand in place of the founder or owners Translate the vision and set the strategy Keep eyes and ears open Management roles: Informational: disseminate communication Decisional: get things moving and implement change projects Interpersonal: figurehead, motivational leader and connecting network Curiosity and self-awareness Personality: who am I? What is important to me? Proficiency: what am I good at? W...

Review: very thorough explanation on how term sheet and letter of intent suppose to structure when come to fundraising, contains plenty of tips for entrepreneur not to be eaten alive too. Rated: 9/10 Business plan or private placement memorandum (PPM) Stage of the company Competition with other funding sources Experience of the entrepreneurs and leadership team The VC’s natural entry point Which stage investor should enter Numbers, numbers, numbers Past performance Predictions Revenue Earnings before interest, taxes, depreciation and amortisation (EBITA) Cash burn Head count Current economic climate Price adjusted according to macroeconomy Term sheet General Issuer Investor(s) Amount of financing Price: per share, premoney and postmoney valuation Type of security Closing Terms of series A preferred stock Dividends: a payment made by a corporation to its shareholders, usually as a distribution of profits  Liquidation preference: dictates the...

Review: Technical approach on what a business need and pretty detail on every business segment, especially good for business owners who needs indicators to function. Rated: 8.5/10 Market intelligence Overachievement of goal Leading indicators: Execution misses in technology: create leading metrics for technology projects No consequences for poor performance: individual goal review on a monthly or quarterly basis as well as enterprise-wide talent assessment Flawed strategy planning caused by minimal competitive information: apply a data-centric approach to planning collect - marketplace intelligence, competitive analysis, and internal assessment of capabilities No talent pipeline: quarterly talent assessment process and robust talent pipeline Don’t blame the budget when things are going South Organisational Prowess Scorecard (OPS): Strategy on internal data: Competitors identified Owner of marketplace intelligence assigned Competitor strategic intent known Competit...