Invest in preparedness, not in prediction
Opportunity comes with prepared minds by Charlie Munger
Bursa Malaysia experienced a bloodbath on Black Monday, plunging to a near four-month low. This downturn was exacerbated by the Bank of Japan's unexpected and aggressive interest rate hike on Wednesday, which caught the market off guard. The sharp appreciation of the JPY/USD exchange rate is significantly unwinding Yen carry trade positions, adversely i…
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