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.
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
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?
- 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.
- 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 of the best investors the world has ever seen.”
Having to drop out of Singapore Management University due to family reasons, I was devastated that I could not embark on an investing career.
I’m the Founder of Re-ThinkWealth & Lead Trainer at The Value Investing Mentorship Club™ [Bit.ly/VIMCourse].
So how did I survive? Fortunately, I have a passion. That passion is in stock investing.
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.
By 24, I am already managing over US$150K, compounded through value investing and options selling.
I am currently managing a value-focused six-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.
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.
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 knowledge:
- 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)
My Value Investing Philosophy
- 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 firstname.lastname@example.org.
The Interview by The Raygacy Show Below is Done 1 day Before I Turned 25 Back in 2018. Have a Watch 🙂
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.
What some people say about me:
“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
“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
“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
If you wish to know more about my 1:1 consulting & mentorship service, click here.
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
Who is Warren Buffett? Born 1930, Omaha, Nebraska Started managing funds in 1956 with the formation of the Buffett Partnership (dissolved in 1969). Now chairman and major owner, Berkshire Hathaway Inc $1,000 invested with Buffett in 1956 would be worth $ 25,289,750 as...read more
It is nearing the end of the year and I am doing a review of all my 4 stocks in a simple way, namely Mobile Telesystems (NYSE:MBT), Keryx Biopharmaceuticals (NASDAQ:KERX), Keppel DC REIT (SGX:AJBU) and Keppel Corporation (SGX:BN4). When I do my stock review, it has to...read more
This week, history was made. It was the first time that someone like Trump actually became the US president. And it's the 45th US president, I mean, the number 45 is also so easy to remember so it will definitely go down in history as the craziest thing that happened...read more
A few days back, I was at a carnival at Singapore Management University (SMU) whereby they have games and foods lined up. After I played the games, I was given lucky draw slips. The lucky draw's prizes were quite attractive, there were three prizes-- iPod Nano 16 GB,...read more
1) You Tend To Be More Competent In Things You Understand There are things you know and there are things you think you know There are things we understand and there are things that somehow always seemed so Greek to us One thing for sure is that we can only be...read more
What Keppel DC REIT Do Keppel DC REIT (SGX: AJBU) is a Singapore-based real estate investment trust (REIT). It was established with the main investment strategy of investing in a portfolio of income-producing real estate assets. They are primarily used for data centre...read more
Mr. Lim Say Boon, Chief Investment Officer of DBS Wealth Management’s 8 Predictions for The 2nd Half 2016 Market Outlook
This is what I have gathered from Mr Lim Say Boon, Chief Investment Officer of DBS Wealth Management's 8 predictions for the 2nd half 2016 market outlook: Brexit will not break EU but will break European stocks Global economy will continue to suffer and corporate...read more
Summary MBT is a telecommunications company with more than 100,000,000 subscribers and is Russia’s largest mobile operator and has high payout ratio close to their Free Cash Flow-- which warrant the use of dividend discount model (DDM) to value it H Dividend Discount...read more
Keryx Biopharmaceuticals (NASDAQ: KERX) As Part Of My Portfolio KERX is one of the more interesting stock in my portfolio-- and it is also a growth stock that has the potential to be a multi-bagger. What is a multi-bagger? "A multibagger is an investment that has...read more
I am a fan of George Clooney. The latest movie that he acted in is called Money Monster. This article aims to share what I have learnt from watching the movie-- from the perspective of someone who love investing. Before I share with you the lessons that I learnt, I...read more
Past Equal To Future? We have to take note that since expected returns we expect to receive from a stock investment is based on assumptions using past returns, we are basing the assumption that the past would equal to the future. This assumption would not be relevant...read more
One of the first stock that I bought was called iShares Nasdaq Biotechnology ETF (NASDAQ: IBB). I bought it on 5th February 2015 at $310.51 and sold it on 13th July 2015 at $380, netting a cool 21.39%. I like biotechnology stock and so far I have had good experience...read more
7 Offline Channels for leads and their real cost So much ado has been made about leads and their real cost. But what are the channels that you, the business owner or salesperson, can use to get more leads? The role of face-to-face event prospecting is in the business...read more
The Discount Rates Are The Combination of The Asset’s Cost of Debt and Cost of Equity. If you have not read the first part of this article, please read it first here. The combination of the cost of debt and equity is known to most as the Weighted Average Cost of...read more
Discount rates are used to value stocks and businesses. There are many types of valuation methods that we can use. For this article, information on "How To Find The Discount Rates" is used for valuation using the Discounted Cash Flow (DCF). Understanding The Sources...read more
Keppel Corporation (SGX: BN4): My Key Takeaways From Attending Their Annual General Meeting On 19 April 2016
As a shareholder, I attended Keppel Corporation's Annual General Meeting (AGM). It was held at Raffles City Convention Centre. I was excited to attend it because it would be interesting to see the facial expressions and the management's ways of handling the questions...read more
I extracted the excerpt below from the newly released Form 6K for Mobile Telesystems (NYSE: MBT). Which happens to be my top stock holdings- Check it out! "Moscow, Russian Federation — Mobile TeleSystems PJSC (“MTS”, the “Company” or “the Group” — NYSE: MBT; MOEX:...read more
About Valuation of Stocks There are many ways to value stocks- such as the use of discounted cash flows, relative valuation as well as contingent claim valuation. Did you also know that there is a simple way to value dividend stocks? And all you need is 3 steps? The...read more
1) Income Statement This is where you can find out how well the company is doing on how much money they earned or lost. Official definition from Investopedia: An income statement is a financial statement that measures a company's financial performance over a specific...read more
My Thought Process Nearing the end of March, one of my top stock holdings, Keryx Biopharmaceuticals (NASDAQ: KERX) announced that they had a positive result from their phase 3 study of ferric citrate for the treatment of iron deficiency anemia in adults with...read more
Stock Name Designer Shoe Warehouse Inc (NYSE: DSW) has two reportable segments: the DSW segment, which includes DSW stores and dsw.com, and the Affiliated Business Group (“ABG”) segment. DSW offers a wide assortment of brand name dress, casual and athletic footwear...read more
How I Decided To Take A Look At This Company I already have my Indonesian Driving License from around 4 years back and I wanted to convert it to Singapore Driving License. Little did I know that It is not that simple- One of the criteria for conversion is that I have...read more
With the current market capitalization of $380.27 million, Keryx (NASDAQ: KERX) might not be your cheapest company to buy in terms of having a stake in their growth story. With growth story like this, there are risks involved. Current earning is still negative...read more
Hello, congrats on making it to part 3 of my bull case on MBT. If you have not read the previous two parts, no worries- you can click: [Part 1 of 3] Mobile TeleSystems (NYSE: MBT): A Solid Bet On The Recovery Of The Russian Economy [Part 2 of 3] Mobile TeleSystems...read more
Chris Lee Susanto often travels to and fro Singapore and Jakarta.