In this second part, I discuss how the Roman Generals were able to use the diverse variety of the army to its fullest advantage. I also discuss the pros and cons of diversification (should you even diversify?) and re-balancing of your portfolio.
Sun Tzu's Art of War is not the only military strategy that can be adapted to investment - we can also apply the principles of Roman warfare to investing. I start by exploring how the backbone of the Roman military can be applied to your investing journey.
Payments used to operate together with the banks, something akin to their shadows. However, recent Fintech and BigTech innovations have grown the payments ecosystem into so much more, all the while seeking refuge in the banks' shadow.
Many people say that volatility is a bad thing. That is not true. Volatility can be good for your portfolio, especially if you are dollar-cost averaging into the market for the long term.
Do you think that big data processing is only for machines? Well, you may be surprised to learn that you could also be processing big data! It's called... your intuition.
Knowing the difference between investing, speculative trading, and gambling is important for your financial health. I discuss some of the differences between these activities and why it is important to recognise whether you are indeed gambling in the financial markets.
With all the new competition in the card market, I look at areas where consumers can benefit, whether these practices are sustainable, and what areas the local banks should be concerned about.
Given all the excitement surrounding Central Bank Digital Currencies, I explore three key reasons why I feel that the concept of a central bank digital currency does not make sense, and is indeed, an oxymoron.