The beauty of living in harmonious multi-racial and multi-cultural Singapore?
Food! Glorious food!
This is going to be a back to front blog post. See if you can decipher what the very creative and non-Chinese reader who does not eat cai png is trying to say (before reading AK's email he was responding to).
"Typical AK reply. Heh. But I think I'd reply like you also once I've reached your level of understanding. ;)
"It's like a person wanting to eat cai png and asking which liao is nice. Maybe to me, eating liao A, B and C is recommended but to another person it is not.
"At the end of the day, it's the same outcome - the cai png still gets you full. But did you overpay for the cai png or do you really see it as an economic rice?
"Guess that depends on how often you visit the cai png stall and determine by yourself which liao is the most value-for-money, probably by tasting every single one and eventually zooming into a few that suits your tastebuds.
"Sometimes eating a plate of 3 vege that costs $3.50 gives more value-for-money than eating 2 vege + 1 meat for the same cost, if not more. But some people would prefer to go for the 1 meat e.g. har cheong gai because it's a crowd favourite and don't mind paying more or compromise on 1 less vege.
"At the end of the day, my plate and your plate looks and costs different but we all buy from the same stall.
"Hope you caught my references to real life scenarios there. Buay pai hor?"
Got the message?
OK, the reader was responding to AK's reply to his earlier email:
"I am going to borrow from Charlie Munger:
"You need a different checklist and different mental models for different companies. I can never make it easy by saying. ‘Here are three things’. You have to derive it yourself to ingrain it in your head for the rest of your life."
"It is hard for me to share how to pick stock in an email or even at a talk. I just do a lot of talking to myself in my blog."
Got the message?
OK, who threw that shoe at me?
New to investing and would like to chat?