Monthly Archives: July 2018

Beginning of the end for Facebook – 2

By | July 30, 2018

4 months ago, I wrote about “The beginning of the end for Facebook” (here). In the past week, Facebook had its biggest drop since the company went public and lost approximately 20% of the company valuation one day. That among of market value is larger than 400 companies in S&P 500 index. Just pause here… Read More »

A few recent thoughts on international trades, investing and life in general

By | July 16, 2018

Trade: tariffs are always a mean to the end and it should never be the end Despite various headlines lately on tariffs, and for a while, it seems that US is “picking a fight” with the rest of the world (or at least with the countries that are running a trade surplus against US), such… Read More »

FIC Core Portfolio Performance – As of Q2 2018

By | July 2, 2018

Quarterly Commentary Major indices experienced volatile movements during Q2 2018, however, FIC’s Core Portfolio experienced strong revaluation – partly due to market’s recognition on a couple key positions we had in significantly mis-priced Retail companies. The overall market is very richly priced for companies in indices (partly due to passive strategies indifferent allocation and purchase… Read More »