05 Jan HCF Newsletter – December 2020 Fund Updates: Recap
Dear Valued Clients and Partners, First of all, I would like to wish all of you a Happy and Prosperous New Year 2021 ahead! Looking back at...
Dear Valued Clients and Partners, First of all, I would like to wish all of you a Happy and Prosperous New Year 2021 ahead! Looking back at...
Dear Valued Clients and Partners, What a bull run since the bottoming out of the stock markets in March 2020! Many major indices are up and...
Dear Valued Clients and Partners, Our HCF (Asia) portfolio has appreciated about 38% since the restructuring of the fund, and about 34.2% YTD. The team is...
Dear Valued Clients and Partners, I would like to thank our clients who set aside your commitments to join us for the teleconference meeting on 3 June...
Dear Valued Clients and Partners, Fund Performance Chart as of 27 April 2020 Our HCF Class 1 portfolio (as of 27 April 2020) has rebounded significantly about...
Dear Valued Clients and Partners, Opening up of HCF Class 1 for Accredited Investors With the Covid-19 virus situation, we are preparing our cash for deployment into...
December 2019 Dear Valued Clients and Partners, We would like to take this opportunity to wish all our readers a happy and most prosperous New Year! May all...
October 2019 What is the Right Management and Why They Are Important (Part 2 of 3) In the second section of this three-part topic, we will continue...
August 2019 Dear Valued Clients and Partners, If you were to tell me 2 months ago (where we left off in the previous newsletter) that the protests...
26th June 2019 Dear Valued Clients and Partners, During times of uncertainty and trade wars, the perception is that the stock market will be in a decline, and...
24th May 2019 Dear Valued Clients and Partners, Value investors tend to look forward to the one event that falls annually in the month of May: The AGM of Berkshire...
17th December 2018 Dear Valued Clients and Partners, It is hard for one to open up the news channel (be it TV/Radio/Newspapers/social Media) nowadays without reading about...
15th November 2018 Dear Clients and Partners, As I reflect back on my own journey learning about both English and Chinese in Singapore, the relative importance of...
Market, Business, Credit Cycles And Recession Predictions Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. - Warren Buffett Integrating Buffett's two rules of investing into the...
18th September 2018 Dear Clients and Partners, As part of our growth and development, we are revising and updating our investing philosophy to be more aligned and...
16th August 2018 Dear Clients and Partners, Richard and I recently made a trip to Mumbai, India to carry out some on-the-ground scuttlebutt activities on one of...
[An excerpt from July's Newsletter to our clients] Are we able to find Hidden Champions in the Age of the Internet? Key Investment Learning Points from Alibaba The Age...
15th June 2018 Dear Clients and Partners, While going about our daily process of turning around rocks (and many are empty or worse, crap) to look for...
31st May 2018 Dear Valued Partners This is the first time that I am writing to you through our Newsletter. While there are changes in the leadership and...
“Tous nos autres biens sont investis dans nos entreprises et nous voulons qu'ils y restent." “All other assets are invested in our businesses and we want...
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