Deep Value Investing: The Capital Cycle Approach
Course Dates: 9, 16, & 23 June 2021 (3 Days, Interactive Virtual Classroom Setting)
7.00pm – 9.30pm (9 & 16 June)
7.00pm – 9.00pm (23 June)
Everyone needs an investment philosophy. In this online course, we will discuss on these 2 major strategies and how you can use this knowledge to begin constructing a market beating share portfolio.
Key Learning Outcomes:
1) Understand the key concepts and investment mindset required with long-term investing
2) Understand the theory of the capital cycle approach, looking at cycles using demand and supply forces
3) Understand the history of the property and banking industry in Singapore
4) Use the concepts of the theory of capital cycle to explain the cycles seen in the property and banking industry
5) Learn how to construct a portfolio
6) Uncover some common mistakes made by investors when starting out their own portfolios
Section A – What is Value Investing
1. Understanding the philosophy behind value investing
2. How value investing works
3. Key concepts when it comes to value investing
Section B – Market Psychology
1. To beat the market, we have to first understand ourselves; hence, the study of psychology
2. Understand the intricacies between the market and volatility
Section C – Focusing on Deep Value Investing
1. What is deep value investing
2. Deep value investing strategy
3. Case studies of stocks matching the deep value investing strategy that worked
4. Case studies of stocks matching the deep value investing strategy that did not worked and why it did not work
Section D – The Capital Cycle Approach
1. What does the theory of the capital cycle mean
2. Understanding the history of the Singapore property industry
3. How do we apply the capital cycle approach to the Singapore property industry
4. Case study on how we analysed a Singapore property developer
5. Understanding the history of the Singapore banking industry
6. How do we apply the capital cycle approach to the Singapore banking industry
7. Case study on how we analysed Singapore banks
8. How do we apply the capital cycle approach to the retail industry
9. Case study on how we analysed the retail industry
Section E – Portfolio Construction
1. What is portfolio construction
2. Importance of having an investment checklist
3. What are some good checks to have in terms of your own investment checklist
4. Commonly asked questions when investors are first starting out a portfolio
Goh Tee Leng is the Portfolio Manager of Heritage Global Capital Fund, having over five years of experience in the financial markets and author of InvestingNook.com. He is also the Director at Tat Hwa Group, a privately-held, family-owned investment holding and management company, serving as the foundation of the Group’s umbrella of companies and subsidiaries. Additionally, he is a frequent speaker at investment conferences held by SGX, RHB and CIMB, and his investment-related articles have been published internationally. Tee Leng graduated with a BSc (Hons.) Economics degree from University College London (UCL).
The Financial Training Scheme (“FTS”) provides funding for financial sector-specific training programmes which are recognized under FTS. This scheme is only eligible for company-sponsored participants who are Singapore Citizens or Singapore Permanent Residents, physically based in Singapore, and who have successfully completed a FTS programme. Financial Institutions (MAS licensed or exempt entities), involved in or supporting financial sector activities, are eligible to submit claims for company-sponsored participants.
For all FTS programmes commencing on or after 8 April 2020 to 31 December 2021, MAS will enhance course fee subsidies for locals attending accredited or recognised courses up to 90% co-funding of direct training costs, subject to existing grant caps of S$2,000 per programme.
IBF will provide an additional 5% in support in the form of IBF Credit, bringing the course fee subsidy up to 95%. This existing scheme will also be expanded to include workers in eligible FinTech firms.
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Terms and Conditions
Click on the “Register” button to register online. There are 2 options for payment:
- PayPal (Credit Cards)
- Offline Payment (Bank Transfer)
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Bank account details as follows:
Bank Name: OCBC
Bank Account Name: Salmon Thrust PTE Ltd – SGX Academy
Bank Account No.: 601-249881-001
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