I recently read quite a bit of online articles to explore fresh new ideas and I came across some blogs discussing the fact that investing is gambling and also several others that discuss Singaporeans being overly confident with themselves. I mean there’s really no right or wrong answer to these and I personally feel that it is a little bit of a righteous standout or declaration. Yes, we all know that many people are snobbish but I would like to think that most Singaporeans are smart, clever, and full of empathy. The ones who are snob are usually the affluent group. Probably think that with a 6-digit asset, they have the right to everything.
That said, our small country has exceptional talents. These people don’t voice or come out to talk about their opinions in public. Usually, they can avoid it in its entirety or put their opinion on where it matters the most. After all, we are still humble Singaporeans, aren’t we? There was an increasing trend in the last decade about some topics that irk me a lot, let me list them down:
Kiasu/Kiasi
Meaning scared to lose or scared to die. It was prevalent in the last decade where FOMO exists today and I felt that it was uncalled for because people just flock to what most people did. It kind of made many next-gen be contrarian
Best
The concept of best has been something I disliked for some time now. At least for 30 years. For 30 years, I have been hearing the words best and “bestest”, even words that do not exist in the English dictionary appear in my everyday life. My question is, what is best? Who determines the best or why is it the best? Is what one defines as the best really the best? I beg to differ in all aspects. There is no best, there’s only what one thinks is the best. By the way, it doesn’t mean cheap means it is no good.
Similar to the way one measures a valued company. It’s not the best but it is the most valued. Then again, value is perceived hence my point – beauty lies in the eye of the beholder.
Invest in gambling
It is said that gambling is punting, investing is gambling of sorts and investing is a study of risk management. If one sees risk management the same as gambling then I’ll ask, why invest and spend so much time understanding a company or an investment? Life is an entirety of risk and we understand the risks, manage the risks, and reduce risks to enhance our lives, our experiences, and our money.
Lady luck plays a big part in our lives no doubt. Some people seem to have more of those but I’ll say, you make your own luck. If lady luck is not on your side, it is probably because it is the wrong lady. Some find their lady earlier and some later. There’s no loser at the end, it is part of the risk management and tools we can use to enhance our priority.
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