New Way of Reading

Recently, I was talking to my mentor about reading (I know many people have difficulty in that), and he was sharing with me to prepare an index cards to take notes.

  1. Title of Book and Author
  2. Rephrase the main headings as questions
  3. Look out for certain pointers that answer your questions

If you have special interest in a particular sub-heading, rephrase that sub-heading as a question and redo the whole process. With this method, he mentioned that he finished Principles (Ray Dalio) in just 2 weeks (which took me almost 6 weeks to complete). Definitely going to use his method and see how it works. 🙂


Entrepreneurship & Investing – 3 Key Points in Management Evaluation

This is also posted on The Precession Effect and Sniper Value Investing.

The world of business is one that is cruel. The competition is very intense, you’re fighting hard against thousands of other businesses to gain your customers, they’re pulling all kinds of tricks to put you out of business, you name it, they’ve done or will do it. In short:


At the heart of any business is the people behind the business, the management of the company. The management is the one who takes the business model and run with it. They are the ones who will hustle hard for the company. They are the ones responsible for the results of the company at the end of the day. In other words, without a strong management, the company will not be able to grow properly.

As a scientist/engineer, I like to think of a business as a system. Here’s how the system looks in my eyes:

WhatsApp Image 2018-05-18 at 22.26.23


The idea of understanding the management of the company is an integral part of understanding how far the company can go in the future. Certain lessons from entrepreneurship can be applied to this as well. Essentially, the management steers the direction for the company, especially for the ones that are poised for growth and are founder-led. As an entrepreneur, we know that the team is as strong as its weakest link. This then brings us to today’s point regarding management.

Some key traits I look out for in the management are as follows (and I will phrase them as questions for you to think about):

Business Vision

Does the management look for nothing more than earning money, or do they have a vision that is much greater than themselves? Many a times, successful entrepreneurs have a very large and powerful vision. This stems from within and it powers the entrepreneur 24/7/365 to work to make that vision turn into reality. A strong tell-tale sign of that would be through video interviews (this will allow you to pick up verbal and non-verbal cues).


As Buckminster Fuller said “Integrity is the essence of everything successful.” Is the management a group that cowers behind the cover of their team when they have made mistakes, or are they willing to admit it and change? All of us have made mistakes when we run our own business, or do anything in life for the matter, it is important for us to admit and change. A management without integrity is a failed management.

Customer or Employee Engagement

How committed is the management to the team, to the business, to the employees and to the shareholders? I always like to say “see the company as a business, see the relationship as a partnership.” Is the management able to honor the partnership it has with the other stakeholders? How much skin-in-the-game does the management have? What is it doing to upgrade the skills and mindset of the employees? Are they willing to give up everything they have for the business? Remember, a team is only as strong as its weakest link.

Entrepreneurship offers so many lessons for investing, as is true for the reverse. Indeed, there is so much the management can do to set a company up to grow over the years, or set the company on the course to oblivion. Indeed, the VIC framework has much to cover in terms of both, and would take some time for all of us to digest.

The dream is free, but the hustle is sold separately.