­

Why the SGX may not be efficient

May 02, 2020 / BY ProsperityChicken
The age-old debate between active and passive investing hinges on the efficient market hypothesis (EMH); this is where asset prices reflect all information and consistent outperformance on a risk-adjusted basis (alpha) is not possible. This is then split into 3 main forms of EMH Weak form - This suggests that stock prices reflect past pricing data and that technical analysis cannot be used...

Continue Reading

Stocks to watch in Q2/Q3 STI review

April 29, 2020 / BY ProsperityChicken
With all that has been happening with financial markets, market caps of many stocks are significantly different from what they were at the start of the year. This has prompted thoughts that there could be changes to the constituents of the Straits Times Index (STI) when the next quarterly review comes along. The STI is made up of the top 30 largest and...

Continue Reading

Reservist at the dormitory

April 27, 2020 / BY ProsperityChicken
Had a short writing hiatus as I recently had a reservist recall to be a part of the Forward Assurance and Support Team (FAST) at one of the purpose-built foreign worker dormitories. The role of the FAST officer was to help ensure that the dormitory managers were taking care of the foreign workers' needs during this trying period and also to be a...

Continue Reading