This post will explain the thought processes which we go through before providing our perspectives at Loopholes Singapore. Thank you all for your support and we sincerely hope you will continue to enjoy our consistently candid sharing.
Why bother sharing?
The motivation behind our efforts are diverse but I can only speak for myself. The purpose of Loopholes Singapore is to share knowledge, which can be useful to some readers who are interested to grow their wealth through realistic methods. That does not in any way equate to the best way because there is never a one-sized-fit-all approach to go about it. In fact, our methods are often critiqued harshly by people who fail to benefit from it. Having said that, we will stay objective and continue to do our best despite our shortcomings.
Markets are illogical so why bother?
The market is no doubt an entity which constitutes the greedy, fearful, wise and prudent population. Therefore, there will never be a 100% hit rate especially when there is uncertainty in the outcome of certain business performances. As a result, we should never second guess performance of companies, which means we can only use facts and logic to back our targets, entry price, etc.
A big question that many would have about us is why do we want to provide estimates when there are already thousands of analysts out there and self proclaimed wise men who are already doing so. In response to that, Loopholes Singapore will remain an independent entity that uses objective metrics to determine our methods and estimates. That said, we are not trying to outsmart the market, to which we also agree that it is impossible.
Owning our decisions (Why are we different?)
Loopholes Singapore will humbly stand by our estimates and sharing whether it was accurate or has missed a target. The issue with many others who provide estimates and trading ideas is that they often come and go. Hence, there is little or no follow up when there is a misjudgment made. In short, we will own both our decisions made and offer follow ups without requests; especially when estimates are off by a large margin. This is so that we can continue to build trust and rapport with readers and supporters who patronize the blog for information and perspectives on things with regards to finance and investments.
Closing Thoughts
As mentioned in the about page, we want to provide the most candid information and perspectives to readers so that many of us who did not have a head start can chase up with the rest as much as possible. Lastly, we would like to end with a promise that we will never assert any level of expertise or superiority over any other comments or feedback. That is to ensure that we remain ever ready to learn and upgrade on our pre-existing knowledge so that we can provide our best resources for readers.
