Some links

1. Belgian stocks review (link)
2. Pharma company is so complicated to be understood (link)
1. An update (link)
3. Adventures into unlisted companies (link)
4. TGV Partner Fund 2019 letter (link). Good questions to be ask before investing.
1. Does the company have a reasonable business model?
2. Does the company have a lasting competitive advantage? (personally, I think this is the most important question!)
3. Does the management act rationally, with integrity, and does it consider the shareholders to be partners?
4. Can we purchase the company’s stocks at a reasonable price?
5. Boustead Projects from hidden value and "back of the envelope" (link) (link)
1. Analyst recommendation (link)
6. Cases against REIT (link)