938LIVE – Oil fears and opportunities
Join Rusmin Ang & Victor Chng on 938LIVE Moneywise as they talk about how a sharp decline in oil prices in the last six months could affect the stock market — and signal new potential opportunities for investors.
We just had to give a shoutout to Victor’s fabulous pink polo!
Intelligent & informative discussion, as usual & always. That’s what I love about The Fifth Person.
Thanks Anon! Glad you found the radio show intelligent & informative as usual! It’s readers and listeners like you that inspire us to continue doing what we love to do 🙂
“Stick to the knitting”
As an avid reader of your book “Value Investing in Growth Companies”, I was a bit surprised by your
recent detour into Oil and Russia. Prefer your Value Growth approach which unearthed companies like Japan
Food, perhaps now time to re-visit, rather than more speculative ventures into Oil-and Russia related stocks.
Good to see you here!
Thanks for the reminder but there’s no need for worry! The majority of our portfolio is still very much allocated to investing in great undervalued growth companies.
In fact, the positive performance of our portfolio today is mainly due to these kind of stocks we picked in that past. We’re always looking for more of such opportunities out there and the more successful targets we hit, the more case studies we’ll share with our readers and Investment Quadrant members.
At the same time, we keep abreast of what’s happening in the market. We believe there’s opportunity to be found whenever there’s a crisis. Some of our best investments were made because of such crises; Armstrong Industrial and the Thailand floods in 2011.
In this case, the oil shock and war in Russia have sent several affected stocks worldwide to new lows. And if a stock fulfils our stringent criteria for investment, we would consider taking a look 🙂
Hi, do you ever consider seizing opportunity on Russia ETF like SPDR S&P Russia ETF which they have plunged heavily due to recent declining oil prices and Russia crisis, rather than seizing opportunity on Oil and Gas company or Oil ETF that mentioned during an interview on 93.8 radio FM. Thank you.
I have yet to find any ETF which is to my liking. On the contrary, I believe the pay-off is much greater when you pick individual stocks that have been affected by the fall in oil prices and the Russian rouble — without taking on too much risk. That has always been my approach to stock investing.
As the topic is primarily on the oil crisis during our radio interview, I brought up oil ETFs which may be suitable for investors who want to benefit from the crisis without having to do as much work analysing individual stocks.
For the SPDR S&P Russia ETF, you need to be convinced that the Russian economy will eventually recover to former levels in the face of a collapsing rouble and oil prices, and the economic sanctions imposed on Russia because of their war with Ukraine.