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MAHMOOD BIN OOYU v LI CHEE LOONG [2020] 1 LNS 660: [230]... At any rate even a single loan at interest is enough to raise the presumption of that person carrying on the business of moneylending under the amendment effected by the Moneylenders (Amendment) Act 2011 which came into force on 15.4.2011. It introduced section … Continue reading MAHMOOD BIN OOYU v LI CHEE LOONG [2020] 1 LNS 660: →

“Coming to terms with how much you don’t know means coming to terms with how much of what happens in the world is out of your control. And that can be hard to accept.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessMorgan HouselThis material may be protected by copyright.

“You may have to fight a battle more than once to win” Margaret Thatcher

“The time to repair the roof is when the sun is shining.” John F. Kennedy

“Optimism is the best bet for most people because the world tends to get better for most people most of the time.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessMorgan HouselThis material may be protected by copyright.

“A good rule of thumb for a lot of things in life is that everything that can break will eventually break. So if many things rely on one thing working, and that thing breaks, you are counting the days to catastrophe. That’s a single point of failure.” Excerpt FromThe Psychology of Money: Timeless Lessons on … Continue reading QOTD →

“You can plan for every risk except the things that are too crazy to cross your mind. And those crazy things can do the most harm, because they happen more often than you think and you have no plan for how to deal with them.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, … Continue reading QOTD →

“Margin of safety—you can also call it room for error or redundancy—is the only effective way to safely navigate a world that is governed by odds, not certainties. And almost everything related to money exists in that kind of world.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessMorgan HouselThis material may … Continue reading QOTD →

“The correct lesson to learn from surprises is that the world is surprising. Not that we should use past surprises as a guide to future boundaries; that we should use past surprises as an admission that we have no idea what might happen next.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, and … Continue reading QOTD →

QOTD: "If Hitler invaded Hell, I would make at least a favorable reference to the devil in the House of Commons." - Winston Churchill, 21 June 1941