Description
Our guest Wey Fook is the Chief Investment Officer at DBS Bank.
btw THIS VIDEO IS NOT SPONSORED BY DBS. WE HAVE DONE SPONSORED WORK WITH THEM ON OUR WEBSITE BUT THIS VIDEO IS NOT. WE JUST ASKED IF WE COULD INTERVIEW WEY FOOK AND THEY SAID OKAY. IF OUR VIDEO IS EVER SPONSORED WE WILL TELL Y'ALL.
Timestamps:
00:00 - 00:53 Intro
00:54: Wey Fook's journey from engineer to CIO
5:20 How Singapore has moved up the value chain
7:32 What exactly does a Chief Investment Officer do?
10:00 Wey Fook's career before being a CIO
10:30 what separates a CIO from a middle-management portfolio manager?
11:50 The importance of a bottom-up view of the market
12:50 Don't write off a whole investment class forever
14:37 Understanding the Margin of safety in investments
15:11 The democratisation of investment insights
16:23 Be disciplined, and make money slowly
17:10 Have a long-term view of your investments
18:27 Wealth is like a bar of soap - the more you touch it, the less it becomes
19:06 Views on the US stock market
21:05 What would happen if the S&P 500 falls to zero?
22:05 Crashes are driven by greed and fear
23:10 Are there any signs of a bubble that people can spot?
26:10 Thoughts on buying the S&P 500
27:56 Thoughts on the STI-ETF, Russell 1000
32:10 Indexes that haven't outperformed the bond market?
33:14 Do my investments contribute to society?
37:24 Understanding a stock's price discovery
38:28 Tying a company's share price to CEO performance
39:11 Shareholder vs stakeholder capitalism
43:23 ESG investing
45:14 Singapore Real Estate
47:33 What if you just don't invest?
49:18 What if you can't handle volatility
50:11 What are the options if you can't take any market volatility
52:05 Understanding portfolio construction
53:03 Don't buy individual stocks or bonds. Buy funds.
57:02 Importance of staying in the game to ride through volatility
58:04 There will always be bubbles
1:01:17 What if my projected return on investments do not beat inflation?