In 2014, my aunt got what seemed like a golden stock tip from a friend in finance: a rumor that a small Philippine Stock Exchange company would be bought out by a bigger firm, for way more than its current market price. The urgency? Real. "This thing's gonna skyrocket, for sure! Look at that chart!...
In November 2022, OpenAI launched ChatGPT, forever altering the technological landscape. Within two months, it garnered 100 million monthly active users, becoming the fastest-growing consumer application in history at that point. This cemented OpenAI's position as a leading force in artificial...
I once heard this fascinating fictional tale about the power of compounding. A long time ago in India, a wise man presented a new game to a king. The game was played by taking turns moving various pieces on an eight-by-eight board. It was a masterpiece of strategy and mathematics, and the king...
During the Covid-19 lockdowns in the latter half of 2020, thousands of Filipinos found themselves making more money than their day jobs by playing a video game. The game was Axie Infinity (Axie), an online play-to-earn game that offered a glimmer of hope during tough economic times. In Axie,...
In 2008, Warren Buffett bet $1 million that a hedge fund would be unable to beat a basic investment over a decade. Fund manager Ted Seides accepted his challenge and built a portfolio of five hedge funds. The bet initially favored Ted. When the market crashed in 2008, Warren Buffett's portfolio...
Every once in a while, a friend asks me about investing in foreign stocks. Which stockbroker do you use? How do you send money? Is it hard to open a dollar account? A couple of weeks ago, my friend Gilbert (not his real name) asked me these very questions. “Recommended stockbroker?” Many people...
