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 www.re-thinkwealth,sg, www.re-thinkwealth.com

Hi, my name is Chris Lee Susanto – you can call me Chris! I’m the Founder of Re-ThinkWealth.com (Est. 2015) – A Value Investing and Options Selling Blog and Course Founded in Singapore!

Welcome to my humble blog! 🙂

I Specialize in profiting using mispricing based on the methodology of Value Investing and Options Selling for the U.S. stock market. And I am planning to leverage on these two methodologies to run my equity fund in the future.

What do you think value investing is? Do you think it is a sustainable method to profit from the stock market in the long run? I for one am of the belief that it is a sustainable method to profit over the long run from the stock market.

Fundamentals of a company is the life vest in the irrational world filled with speculators we often live in. Investment is most intelligent when it is most businesslike.

On top of having beaten the S&P 500 return since I started investing in the stock market using value investing & options selling, I also mentor people selectively on a 1:1 basis here.

 www.re-thinkwealth,sg, www.re-thinkwealth.com

Life-changing quotes I abide by:

“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.” – Warren Buffett

“Knowledge changes fate.” – Li Ka Shing

“It’s pretty easy to get well-to-do slowly. But it’s not easy to get rich quick.” – Warren Buffett

“Never depend on single income. Make investment to create a second source.” – Warren Buffett

Our Latest Blog Post

5 Investing Lessons from The Three Kingdom

5 Investing Lessons from The Three Kingdom

Just finished rewatching all 95 episodes of The Romance of The Three Kingdoms – Although this is a classic Chinese historical war movie that is likely dramatized, there are a lot of lessons to be learned from it – for value investing purposes. [1] No matter how good we are or how much […]

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How I Made 50% in 6 Months with Care.com

How I Made 50% in 6 Months with Care.com

Today I want to share with you my thought processes when I first initiated a position in Care.com (NYSE: CRCM) on 28 May 2019 – and less than 6 months later on 20 December 2019 – overall at an average cost of $10.07, I sold off all of it at $15.05. My valuation for care was higher than […]

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3 Actions to Make Best Use of Compound Interest

3 Actions to Make Best Use of Compound Interest

Compound interest is very powerful. It is the interest you get on top of the previous principal + interest you already got. Here are 3 actions you can take to make the best use of compound interest: Invest early – the earlier we invest, the more powerful the compounding effect […]

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rethinkwealth chris lee susanto meditation

On top of his investment, Chris finds that having the habits to meditate helps him make better decision not only in life, but in the stock market as well. This is a picture of Chris winning first place in a 2019 Buddhist Lessons Sharing competition in Jakarta.

Investment Track Records (Updated Quarterly)

Equities & Options [Value & Growth Oriented, Bottom-Up Approach]

re-thinkwealth, value investing return

Note:  The image shows the investment return performance if you have put your money in the S&P 500 and in my united states stock portfolio. They are calculated using a net asset value principle using the time-weighted factor of the deposit and withdrawal of funds (if any). It includes all realized profits from past capital gains, options premiums and dividends and current unrealized overall portfolio profit/loss.

25 February 2015 was the first day that I put in money in my US brokerage account.  The start of the tracking date of my relative annualized investment return is seven days after I first put money in my US stock portfolio brokerage account starting on 1 March 2017.

This is for ease of tracking as the S&P 500 total return tracking date starts at 1 March 2017 – and do not have 25 February 2017. I used the S&P 500 total return as a benchmark which is inclusive of capital gains and dividends.

Subsequently, the additional deposits date – an important factor in calculating the annualized investment return – are considered in counting the XIRR (relative average annual compounded gain return).

Disclaimer: The figures here are an approximation based on my personal calculation at spot exchange rate at the time of the trade and may not be 100% accurate.

How should a value investor think about buying a stock based on Warren Buffett?

“An investor should act as though he had a lifetime decision card with just twenty punches on it.” 

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

“You can pay too much for a wonderful business. There is a price where we could have paid too much for See’s Candies and it wouldn’t have worked out well as an investment.”

“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”

“Value investing is about estimating and valuing future cash flows, not about how low a Price to Book or a Price to Earnings ratio is for a stock.”

“We are comfortable holding a lot of cash because we are operating on the assumption that we will have an opportunity to deploy it at very attractive rates.

How should a value investor think about selling stocks based on Warren Buffett?

“We sell really when we think we’re reevaluating the economic characteristics of the business. We probably had one view of the long-term competitive advantage of the company at the time we’ve bought it, and we may have modified that. That doesn’t mean that we think the company is going into some disastrous period, or anything like that. We think McDonald’s has a fine future, we think Disney has a fine future, and there are others. But we don’t think their competitive advantage is as strong as we thought it was when we initially made the decision.” 

“The stock market is designed to transfer money from the active to the patient.”

“Time is the friend of the wonderful company, the enemy of the mediocre.”

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

More intelligent value investing quotes can be found by clicking here.

Welcome To The Re-ThinkWealth Experience!

What Makes Re-ThinkWealth Different?

  1. We provide only the highest quality articles from real-life practitioners focusing on value investing and options selling. These practitioners must already manage a sizeable amount of money.
  2. 100% guarantee that our articles are never outsourced to any third party. It is common practice in this industry to pay someone to write, with a minor edit, they pass it as their own.

Who is Re-ThinkWealth For?

  • For Singaporeans and anyone around the world who have 0 to little experience in stock investing
  • And is looking to learn a way to sustainably generate consistent passive income to grow their wealth for decades to come
  • Believes in long-term time horizon (at least 3 years) and using only spare cash (not borrowed money) to invest

Get Started With These Articles!

What is Value Investing? – An article I wrote for Value Walk describing in summary what exactly is value investing.

The 100+ Most Intelligent Investing Quotes of All Time – I love quotes. Especially quotes by value investors who had been wildly successful at managing their funds. The list is consistently updated.

Here’s My Opinion on Bitcoin – I predicted that Bitcoin is not an investment worthy asset more than a year back on 8 December 2017.

Value Investing And Behavioural Finance – An article I wrote about value investing and why understanding behavioral finance is important too.

The Intelligent Investor Summary (Ultimate Guide) – A very popular article from my site that summarizes concepts of value investing from the father of value investing, Benjamin Graham.

About Chris, Founder at Re-ThinkWealth.com

“I am going to be one the best investors the world have ever seen.”

I’m the Founder of Re-ThinkWealth.com & Lead Trainer at The Value Investing Mentorship Club™.
 
I had already learned a lot about stock investing, specifically value investing and options selling, through experience & different mentors (real life and in books [a personal favourite being The Intelligent Investor]) all before 21.
 
By 21, I had already started investing in Singapore and U.S. stock market utilizing value investing & options selling strategies.
 
By 22, I established Re-ThinkWealth.com – a blog where I often share value investing insights and options strategies.
 
It is also an avenue for me to write down my thoughts on stock investing using value principles and to share it with like-minded friends.
 
Because I knew that it could get hard to track our thoughts if we do not have a proper avenue to write it down.
 
I share my stock investment track records at Re-ThinkWealth.com for all to see.
 
The reason is that I want to be remembered first and foremost as a rational investor that makes consistent money in the long run.
 
So I am honest about my successes and mistakes.
 
I am currently managing a value-focused seven-figure portfolio.
 
And in the future, my goal is to set up a sustainable and successful eight to nine-figure equity fund focusing on value investing and options selling finding opportunities globally.
 

My Hobbies

I love watching meaningful movies, eating good food (especially spicy ones!) and catching up with friends over a good cup of coffee.

I also love reading. Some of my favorite books include The Intelligent Investor by Benjamin Graham, How to Win Friends and Influence People by Dale Carnegie and Principles by Ray Dalio.

For news source, I like CNN, Channel News Asia and Straits Times. I am also subscribed to The Wall Street Journal and read it daily.


Here are some of my favorite movies that I learned valuable value investing lessons from:

The Big Short – sometimes big ideas can take time to prove if we are right or not. And when we are right, we have to claim the profits in order to get rewarded.

Heavenly Sword and Dragon Slaying Sabre (2019) – This is an old martial arts movie that has been remade in 2019. I learned a lot from this movie, the key lessons being the fact that we have to be kind and learn to forgive others – no matter what they have done to us. Not being attached to material things and the value of being competent in our craft are two strong combinations to a happy life.

Betting On Zero – In this movie Bill Ackman was too emotionally vested in shorting Herbalife. It teaches me to be careful of being too confident in our idea. And also, the value of being low-key.

Three Idiots – The value of lifelong learning and curiosity that should not be bound simply by formal education and titles and traditional norms. Following our dreams and excelling at it is more important. Find a passion that we want to work hard towards. In investing, we should work hard, and apply what we learned – hopefully to outperform over the long run.

The Romance of The Three Kingdoms – Although this is a classic Chinese historical war movie that is likely dramatized, there are a lot of lessons to be learned from it – for value investing purposes.

[1] No matter how good we are or how much money we have, we should only act when it is right to act, we should think of a few steps down the road. In the movie, Zhuge Liang said that to be a good commander, they cannot go against heaven’s will in war, and therefore, he often uses nature’s advantage to win the war. In investing, we should only buy when it is right to buy and sell only when it is right to sell.

[2] In the movie, how Cao Cao defeated Yuan Shao was that he has been preparing for that particular war for decades. In investing, we need to study, do the homework in waiting for the day where we buy and when we sell our stocks, we have to be patient.

[3] Arrogance kills. In the movie, many great people are killed because they were too arrogant, such as Guan Yu, Ma Su, and Liu Bei. In investing, it is the same, we have to be wary of arrogance especially when our stock portfolio or stock is up a lot – we cannot expect it to always be up – when it is the right time to start selling, we should. Being cautious should always come first, just like Zhuge Liang character in the movie.

[4] Preparation is vital. In the movie, how Zhuge Liang wins battles is that he always studies his opponent very well, and he knows his troops and cities very well too. In investing, we need to understand the company we invest in, the business model and the market well. That way, we can have a higher probability of making money over the long run.

[5] Knowing when to retreat. In the movie, after Zhuge Liang death, he instructed all the troops to retreat back to Shu Han and by doing that, it gives Shu Han at least another 20+ years of prosperity before Sima Zhao invaded and Liu Shan surrendered. In value investing, we need to admit our mistakes and retreat when we know we cannot possibly make money from that particular investment.

The Last Dance. What I had learned and taken away from Netflix’s Michael Jordan documentary is to always have faith, to always believe. Stay in the present and do not worry about the future too much in a way that it will distract you from being in the moment. MJ always says in the documentary that when the future comes, it comes. In a way, investing is the same, the market is unpredictable. That is why investing in businesses with a large margin of safety – is the safety net we should hold on to – in the market that is way too unpredictable. That is value investing.


Where I Could Be Seen Writing and Speaking At

In my free time, I guest blog in renowned U.S. fund focused investing websites & Singapore sites such as:

  • Value Walk
  • The New Savvy
  • Investment Moats
  • Forever Financial Freedom
  • Dollars and Sense

Sometimes, I accept invitations to share my value investing and options selling knowledge based on real-world practice:

  • I was invited to speak on the art of value investing for students from Strategos in NUS Tembusu College (2017)
  • Invited to share on entrepreneurship and investment for a graduating Diploma in the Business cohort at Singapore Polytechnic (2017)
  • I was invited to be a mentor in the Youth Innovation Challenge organized by Singapore Management University (SMU) Institute of Innovation & Entrepreneurship (2018)
  • Invited to share in Singapore Polytechnic to speak to a group of graduating Banking students on How Traditional Investments Vehicle/System Will Be Further Disrupted by Fintech (2018)
  • Shared about my thoughts on value investing at The Raygacy Show (2018)
  • Featured in the NUS Investment Society Year Book sharing about my experience applying value investing to generate above market returns. I was featured along with David Gerald, Founder, President & CEO of Securities Investors Association (SIAS, Singapore) (2018)
  • Invited to speak on a Spotify Podcast at The Sakif & Stephen Show (2019)
  • Invited to speak on how to use fundamentals to forecast recession and therefore gold prices in Myanmar, on behalf of TPS Limited (2019)

My Value Investing Philosophy

  • Mispricing
  • Inversion
  • Charlie Munger’s two-track analysis
  • Warren Buffett’s value investing philosophy
  • Multi-strategy of buying and selling stocks and options

My Value Investing Specific Actions

  • Buying stocks using bottom-up strategy
  • Selling stocks at a multi-bagger gains
  • Selling stocks at a loss and convert the proceeds to buy call options to gain same exposure as previous (limit downside, max upside within a time period) and using the cash to sell put options for another stock
  • Selling call options
  • Selling put options
  • Buying call options

If you are keen to engage me to speak or exchange investment ideas with me, please feel free to email me at chris@re-thinkwealth.sg.

The Interview by The Raygacy Show Below is Done 1 day Before I Turned 25 Back in 2018. Have a Watch 🙂 

If you have no clue what value investing is, I highly recommend that you subscribe to the free mailing list first. I will send you a series of emails that will improve your knowledge further.

My Blog Articles – Your Ultimate Resource for Smart Value Investing & Options Selling Insights 

10 Reasons Why We Should Rethink How to Build Our Wealth

10 Reasons Why We Should Rethink How to Build Our Wealth

I am 25 years old this year and I am always fascinated by how a change in our thinking can result in a huge change in our wealth. I am convinced by the notion that how we think creates the wealth that we have. And writing has been an integral part of it all because it gives me an avenue to pen […]

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Here’s My Quick Thought on Starbucks Stock

Here’s My Quick Thought on Starbucks Stock

Starbucks is a company that needs not much introduction. I am sure that most of us have drunk Starbucks coffee before. And many of us have studied or did some work or caught up with a friend there. Starbucks is a familiar company that is in almost every airport around the world. Their story though started back in Seattle […]

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Sony – Deep Value?

Sony – Deep Value?

Sony is at an inflection point after years of restructuring. Having shed and restructured loss-making business units, it comfortably exceeded its 2014 medium-term plan to deliver an ROE of 10% and operating profit of JPY500bn in FY17. The company is seeing a number of tailwinds for games, music, and the semiconductor segments […]

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Sustainability of Dividends

Sustainability of Dividends

First, we must understand that business conditions are dynamic. Occasionally, different cycles will cause earnings to fluctuate up or down and it affects the business’ ability to pay out dividends. As investor, we must never have the expectations for dividends to remain the same forever […]

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Contact

Chris Lee Susanto often travels to and fro Singapore and Jakarta.

WHATSAPP
+65 83946824

EMAIL
chris@re-thinkwealth.sg

Remember, only invest in things that we can predict with a high degree of accuracy and Stay rational. All the best in your investing journey!

Testimonials:

“I’ve been very impressed with Chris as someone who sets goals for himself and works hard to realize each of them. In particular, he’s impressed me with his knowledge of the finance world – particularly Value Investing and Options Selling – and I have found his Investing Newsletter to be Very Informative. He’s also a genuinely pleasant and gracious person – and very grounded – someone I enjoy talking with whenever the opportunity arises. I’m excited to see where life is going to take Chris – what opportunities will come his way – I believe his level of initiative is going to take him far.”- Tom Estad, Ex Academic Director, SUTD-SMU Dual Degree Programme at Singapore Management University

“I have been working with Chris around value investing. And I find the 1:1 mentorship with him very productive because it guides me through the different steps. So even though I attended courses, I find that I still needed guidance to take actual action. To be able to have those discussions, to have my thought challenged, to tap on his knowledge and to get his perspective on different stocks. I thought that was helpful.” – Sherwin, VP & Head for Business Planning at Prudential Singapore [Previously Head of GrabCar Plus]

“Chris is a highly competent individual with unparalleled work passion and commitment in his crafts in empowering financial education for youths and in his printing business. He displays great knowledge and familiarity as well as proficiency evident through his capability in producing stellar investing results and also in providing my company customised paper shopping bags and chair covers. He too has a brilliant public relation skill that will aid him in getting things done. I wish him all the best in his future endeavours.” – Cayden Chang, Founder at Mind Kinesis Value Investing Academy (VIA)

“As part of my journey to learn about value investing, I came across Chris’s profile and joined his program to learn about options trading. Chris gave a step by step guidance and answered all my questions to give me the confidence to enter my first trade. His teaching of value investing and options trading is grounded with case studies and live teaching. I would recommend Chris and his VIM program for those looking for that edge.” – Russell N, Real Estate Fund Manager

“Chris has the Value Investing gene in him. I have seen his Impressive Investment Analysis in action. I believe that All Value Investors Will Benefit by listening to his insights!” – Justin Tjoa, Co-founder and CEO of Algo Merchant Pte Ltd

“Despite having >15yrs stock invest experience, I needed 1:1 guidance to stay focused in order to learn more about value investing. Chris’s newsletters and his personalized training can be of great help to beginners & matured investors.” – Ravi, Quality Manager from Leading US Semiconductor MNC

“Great guy. Mature for his age and Good Insights. Would Recommend that People Subscribe to His Newsletter – useful!” – Kevin Lim, Associate Director – Portfolio, Strategy and Risk Group at Temasek Holdings

“Chris’s Exclusive 1:1 Mentorship has changed my life financially for the better. So far I have made over 20% in just 1 stock that I invested in. The profit that I got easily covered multiple times the fees I invested in the club. He is a passionate value investor and it is evident in the work that he put in for his members.” – Jess Liu, Executive Director, DBS Private Banking

“Chris Lee’s maturity beyond years coupled with service mindset drives his ideas to market. Re-Think Wealth is an open, accessible platform for anyone interested to learn and go live in the world of investing within a short period of time. Hard earned lessons from a wise peer mentor. Chris does not hold back to share.” – Liyana Sulaiman, CPO & Co-founder @ Pollen l Community Commerce Builder