AntiFool with Norman Chella

My name is Norman Chella, and I'm on a mission to create the antidote to foolishness, so we can understand the world and ourselves better.My role is simple: I play the fool, I ask the questions, you get the answers. We'll have conversations crafted for the curious, the vulnerable, the human. I interview authors, scientists, entrepreneurs, creators, movers all across the board. Those with a powerful message, and there are those who have gone through a number of struggles, trials and tribulations. My interests range far and wide - we can go from tech in one episode to philanthropy in another, topics spanning across nations to concepts and predictions about the future. All of the macro and micro topics you can think of.Join my conversations with amazing people, and become all the more wiser.

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AntiFool with Norman Chella

Teaching Malaysians about Value Investing with KayaPlus' Joo Parn and Choon Beng

May 20, 2020 • Norman Chella • Season 1 • Episode 10

In this episode, we talk about investing in general, specifically value investing.

It's scary. You, noticing your wealth at its current stage, want to grow it in many different ways to preserve it for the future. But investing is intimidating: under its umbrella, there are many kinds from property to retail and much more. How do we as laymen learn more about investing? That is where the founders of Kaya Plus come in.

Joo Parn and Choon Beng are the founders of mykayaplus.com, a Malaysian value investing education website spreading financial literacy to the public. They're here to prove two things: one, anyone can invest successfully without having a financial degree, and two, investing can be fun. If done right, it not only becomes a very self-fulfilling journey for learning, but it can also grow your wealth.

We talked about:

The origin stories of Kaya Plus: how Choon Beng reached out to Joo Parn about investing, knowing not a single thing about its concepts
Barriers to understand investing: why it's so hard to learn it
How value investing principles can boost your wealth and protect your assets
Malaysia's investing gurus and their roles, according to Joo Parn and Choon Beng

We get wide in the number of topics covered here. So if you are ready for something a little bit technical but simplified at the same time, enjoy!

Timestamps

4:49 How KayaPlus was born
7:40 The KayaPlus angle: Simplifying value investing
10:47 "When they go into investing, they cannot differentiate between investing and speculation" Choon Beng explains
13:26 What is hard about teaching investing? More from Joo Parn
15:39 Where did the name Kaya Plus come from?
17:34 Joo Parn's definition of value investing
20:10 "Consider your options" Joo Parn on exploring other markets
21:51 The fears we have when we start to invest
24:42 The index and what it means
27:08 The best skill to learn? Observation, according to Joo Parn
29:18 Investing helps with running your business, according to Choon Beng
31:24 Investing gurus in Malaysia: are they honest or shady?
33:53 Combating the mentality of opportunist Malaysians
35:20 Malaysian financial exposure isn't that high
38:25 An academy and more for Kaya Plus' future plans
41:56 Joo Parn's memento
43:11 Choon Beng's memento
46:05 Joo Parn's walkaway wisdom by Warren Buffett
47:30 Choon Beng's walkaway wisdom

Links