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Tong's Portfolio
Tong's Portfolio
Secular fall in global supply of CPO implies more upside for Malaysian plantation stocks
CPO is now trading at a premium to soybean oil, which is contrary to historical norms.
9 days ago
Tong's Portfolio
Investment philosophy of Tong’s Portfolio: Part 4 — Malaysian and global Absolute Returns portfolios outperform again
Absolute Returns Portfolio is up 19.7% in its inaugural year.
23 days ago
Tong's Portfolio
Is ‘rent-seeking’ corruption? And an unorthodox suggestion to fight corruption
Anwar is right: “Bribe givers should also be investigated.”
November 28, 2024
Tong's Portfolio
Work from home or office must be the sole prerogative of the company
While WFH was the most productive (really, only) option during the pandemic, is this still the case in a post-pandemic world? We think not.
October 23, 2024
Tong's Portfolio
Contrary to theory, capital, ironically, flows to developed economies from emerging countries
Foreign fund flows into the equity market have been proven to have outsized impact on stock prices.
October 16, 2024
Tong's Portfolio
Robust increase in sales and prices for residential properties with improvement in affordability
Shelter is a human right in public policy.
October 10, 2024
Tong's Portfolio
Tong’s Absolute Returns Portfolio outperformed with 14.9% gain in six months despite lower risks (beta)
The recent rally has made Tencent Holdings the best-performing stock in the portfolio, up 64.9% since our acquisition.
October 03, 2024
Tong's Portfolio
Without good stories, stock liquidity and speculation, cheap stock markets will stay cheap
High stock valuations drive investments and innovations, which drive productivity and earnings, supporting even higher valuations.
September 27, 2024
Tong's Portfolio
Nvidia and Tesla — the gods of storytelling — and speculative gambling
As much as we are fundamentally driven analysts, we must acknowledge that markets need good stories to thrive.
September 19, 2024
Tong's Portfolio
Institutional fund inflows fuel ringgit gains and Bursa stock prices
Staying invested, but more defensive.
September 12, 2024