Why do clever investors make big money mistakes?

  Statistics show that more than 75% of equity investors including professionals cannot beat the stock index. Studies have also shown that more than 75% of day traders lose money mainly due to transaction costs. There are several reasons for their poor performance but the most frequent mistake is ‘loss aversion’. This is a psychological … Read more

The forgotten La Salle Brothers

CPI Note In all the talk about becoming a high-income country and belonging to the league of developed nations, Malaysians should realize that they are still painfully lacking in the attributes and values that make a nation truly developed. These missing attributes and values are not only the high ethical and moral norms that we … Read more

The conquest of happiness

CPI note: The Perak Academy is a non-profit body which organizes projects and activities involving intellectual discourse, research, writing, fine arts and performing arts. It organizes the popular ‘Perak Lectures??? series with speakers of national and international standing invited to speak on a variety of topics aimed at stimulating and disseminating intellectual discussion. Below we … Read more

Tengku Razaleigh on equality of citizenship

On the invitation of the Perak Academy, Tengku Razaleigh Hamzah recently visited Ipoh and delivered the most reassuring and inspiring lecture that I have heard from a Malaysian politician. This dinner talk on Oct 2 attracted a much larger audience than the regular talks organized by the Perak Academy. However, it really deserved a much … Read more