The Seafarer Investor
by Seoshin
Bringing the tides of investing and personal finance to fellow millennial seafarers from the Philippines and abroad!
Podcast episodes
Season 1
31. Quant trading in the Philippines w/ Mike Tan
Welcome to another episode! Today I will be having a special guest hailing from the quant trading space, an area I know little about which makes this conversation really interesting! My guest is Mike Tan, co-founder of VAI Analytics, and a full time quantitative trader himself based in the Philippines and here he shares his journey into finance and how he ultimately became a quant. Mike provides straightforward insights into the ins and outs of trading especially on risk management and handling your own psychology- a must not only for traders but investors alike. I really love this conversation and I'm sure you will too so listen on! Timestamps of the episode: -Mike Tan shares his bumpy journey into the finance industry especially dipping his toes first in cinematography. [03:22] -How Mike executes and does his trades in the Philippine stock market. [09:45] -What it means to be a quant trader? [11:05] -Technical analysis trading is not all about indicators only. [15:49] -Walking back a bit, why Mike ended up in quant trading when he dislikes math. [18:02] -Finding your edge against the market as a quant trader. [23:05] -How quants view risk as a whole. [26:21] -Biggest misconceptions on doing trading. [27:51] -Contrasting views between an investor and a trader on averaging down. [28:35] -Technical analysis is human behavior and emotions quantified. [30:55] -Mike Tan’s hero in the trading space. [33:02] -What made him choose the local Ph stock market over the ones abroad. [35:51] -The reason why Mike started his company, VAI Analytics, and why he is doing this to promote liquidity in the local market. [39:05] -The kind of psyche one needs to become a successful quant trader. [44:18] -Questions you need to ask yourself before trying to become a trader or a quant. [49:04] -How to structure your personal finance as day trader or trading in general. [53:50] -Where to connect and find more about Mike Tan. [56:04] -What worries and excites Mike about the future. [56:35] Books mentioned in the episode- Market Wizards by Jack D. Schwager Mike Tan's twitter account- https://twitter.com/VAIanalytics?s=20&t=Jo1aXzMoQ1pW_4vB7QzHFg His Vini trading application available to PSE traders only- http://vini.ph Reach out to me through my twitter account- https://twitter.com/TSFInvestor and my email- seoshininvestor@gmail.com
30. An Introduction to the Philippine stock market w/ William Cabangon
Ahoy! Welcome to episode 30! In today's show, I will be having my first ever repeat guest and its none other than William Cabangon, CEO of AAA Equities! He was my guest in episode 19, "Macroeconomics in Ph, personal finance and investing" and I highly suggest you listen to it first to know how good of a speaker he is and why I have him back on the show. In this episode, we will be talking about the Philippine stock market in general- what composes it, drives its returns and more. And William is the best man to discuss about this with his usual contrarian view that is a gem to listen to. By the way, this episode was recorded last August 2022 but I believe the insights he gave are still timely regardless. Listen on! Timestamps of the episode: -William’s general thoughts on the Philippine stock market. [05:31] -Having a home country bias and why he thinks it’s not a problem. [07:30] -The Philippines’ long runway of growth and its economic identity crisis. [09:04] -What will attract foreign investors in investing in the PH stock market? William gives a surprising yet practical answer. [12:38] -On the other side of the coin, what will repel investors in the Ph stock market? William follows through on his contrarian take which leans on him running a stock brokerage business. [18:12] -What drives the returns in the Ph stock market and a run through of the conglomerates consisting the Ph index. [23:41] -Why as an individual investor you have a fighting chance against big equity research houses. [27:00] -The inefficiency of the Ph stock market. [29:40] -The key in unlocking liquidity in the local market. [31:12] -Talking about the dangers of leverage. [32:39] -How the PSE index encompasses the local economy and the underrepresentation of SME’s (Small and medium enterprises) [34:40] -Areas the PSE index can improve and be better for all. [37:53] -Industries that has the most upside in the Ph stock market. [41:36] -William gives his thoughts about family owned public conglomerates in the Philippines. [49:42] -Discussing about AC Energy $ACEN, it’s growth and valuation. [51:39] -Where to reach out to William Cabangon and know more about his works/thoughts. [58:50] -What worries and excites William about the future. [01:00:28] William's twitter account- https://twitter.com/wmcabangon?s=20 Reach out to me through my twitter account- https://twitter.com/TSFInvestor and my email- seoshininvestor@gmail.com
29. How an investing podcast should be and more with Skippy and Doogles
Happy new year! I'm back again in podcasting yay! The past few months has not been good to me but hey a new year signals a fresh start, am I right? So here I am starting the come back with a fantastic interview with not only one but two guests at the same time! I am having the dynamic duo based in the USA, Skippy and Doogles from the Skippy and Doogles talk about investing podcast. Our conversation about investing and personal finance was such a treat and fully charged with laughter and humor that I may warn is really contagious. Timestamps: -Who is Skippy and who is Doogles? which is which? (3:15) -They talk how the podcast started and where it is now- the fun and authenticity in between. (4:30) -How an investing podcast should be (07:20) -They share about their individual investing styles and journeys. (10:54) -Walking through the book Intelligent Investor by Benjamin Graham and why it isn't beginner friendly (15:37) -Skippy and Doogles beginner books recommendations(19:31) -Which type of people are best suited in investing in individual stocks? (22:09) -Questions to ask yourself if investing in individual stocks are for you. Doogles gave an interesting take. (24:43) -The dilemma in investing-not knowing whether you are good or not. (30:39) -Skippy talks about the importance of process not outcomes in investing (34:41) -How they approach portfolio allocation and weighing their bets (36:12) -We talk a bit about Berkshire Hathaway (39:14) -Skippy talks about his deep value investing style (43:48) -Doogles now shares his own Long term momentum approach in investing (46:12) -Doogles explains more about his Farfin model (49:35) -Why Skippy loves Doogles' quantitative model even though it does not sound like it oftentimes (52:12) -How Skippy avoids value traps (55:10) -I asked Skippy and Doogles of their worst investing biases and how they cope with it (57:14) -They both share how they handle their own personal finances in conjunction with their own investing styles (01:02:10) -Skippy gives a great advice to young investors (01:05:54) -Doogles shares about the simplex method in regards to making decisions. A powerful way to think about. (01:07:20) -What keeps Skippy and Doogles awake at night and also hopeful in what the future will bring (01:11:04) Skippy and Doogles talk about investing podcast- (https://open.spotify.com/show/7dLzzEleA0Ei9PpKfWqbT5?si=b969d889973b4c5d) their substack- https://substack.com/profile/54967890-skippy-and-doogles their twitter account- https://twitter.com/SkippyDoogles?s=20 Book recommendations mentioned in the episode: Simple wealth, inevitable wealth by Nick Murray Wealthy Barber by David Chilton Good to great by Jim Collins Intelligent Investor by Benjamin Graham Thinking in Bets by Annie Duke Reach out to me through my twitter account- https://twitter.com/TSFInvestor and my email- seoshininvestor@gmail.com
28. Investing misconceptions, biases, and valuations w/ Dave Ahern
I'm excited for today's episode! I am having Dave Ahern of the Investing for Beginners podcast in the show as we talk about investing misconceptions, biases, valuations and more. My conversation with him is another treasure trove of insights and advices that will surely help you navigate the stock market. Give it a listen! Timestamps of the episode: -The worst investing advice Dave Ahern heard so far. [03:42] -My thoughts on what's the worst investing/personal finance advice I've heard so far. [07:10] -Dave shares his investing journey. [09:30] -He talks about his memorable moments when he was just starting investing. [16:30] -How Dave dealt with investment failures. [20:50] -What he thinks about the dilemma in investing. [25:17] -Why and how journaling his thoughts about investing helped him a lot. [27:55] -Keeping expectations low and conservative is the key. [30:26] -The biggest misconceptions of Dave's friends about the stock market. [31:56] -How Dave invests and pick his individual stocks, does it differ on how his co-host, Andrew, do it? [40:06] -Dave shares his starting process on going through stocks and his checklist. [45:46] -Here he talks about the tale of two companies, Visa and Costco, and relate it to valuations. [48:32] -Why Dave invests in Berkshire Hathaway. [53:36] -How to value Berkshire Hathaway. [58:11] -Dave shares his worst investing bias and how he deals with it. [01:04:16] -Seeking the downsides of a what go wrong in your investment thesis is the best. [01:06:47] -How Dave goes into convincing people to go into investing. [01:09:40] -What worries and excites Dave about the future. [01:18:19] Dave Ahern's podcast - https://open.spotify.com/show/3sIN6k0aT6cCWP2AJRvHEK?si=4b682a957b2f445a His website- https://einvestingforbeginners.com His twitter account- https://twitter.com/IFB_podcast?s=20&t=ucUw3uLqalcbm0YyrrMsvA Reach out to me through my Facebook page- https://fb.me/theseafarerinvestorpod and thru my email - seoshininvestor@gmail.com
27. Save Like A Pessimist, Invest Like An Optimist
In today's short solo episode, I will be talking about Morgan Housel's article on the topic of saving and investing. This one is close to my heart as it affected how I deal with short term setbacks and how I view my emergency fund. Timestamps: -The story of Bill Gate's paranoia [01:35] -The lack of emphasis on personal finance in the world of investing. [03:02] -Why I doubled my emergency fund. [03:48] -Morgan's interesting take on savings. [05:22] -Why being a seafarer warrants more to save like a pessimist. [06:11] -Investing like an optimist. [07:51] -A healthy balance between optimism and pessimism. [09:06] Reach out to me thru my Facebook page- https://fb.me/theseafarerinvestorpod and thru my email - seoshininvestor@gmail.com