Vorapon Jim Ponvanit – Apply Behavioral Finance Principles to Make Better Decisions

Vorapon Jim  Ponvanit is the founder and CEO of a PeerPower, a Fintech start-up focusing on SME marketplace lending in Thailand. He is also a partner in boutique advisory firm, Khronos, and has 18 years’ experience in M&A, investments, and restructuring. He is an educated investor in stocks, bonds, and has a solid, diversified portfolio. He and his wife are also avid food connoisseurs and shacmd+shift+vre a love of dogs.     Summary: Ups and downs on Jim’s investment path   In this episode, Jim shares the gems he has learned on his investment journey, including how research alone is not enough to guarantee your success. There are “what-if” questions all investors need to ask to substantiate your assumptions. And the exciting part is to identify the common investment mistakes that can be avoided and to “wait for the right pitch”. Since investment is a lifetime exercise, you’ll also learn more about the six-step guidelines Andrew offers to help you to better understand the investment process.     “The whole point of investing is you want to live to fight another day. And you want to make sure that you have fewer mistakes and more successes. That’s all you can hope for because nobody hits home runs every time, right?”  – Vorapon Jim Ponvanit      Skilled investor seeks to diversify gains after post-crisis boom time   Around eight years after the 2008 financial crisis, Jim started to liquidate his US portfolio. He put some money into structured bonds and equities, which made considerable gains in the following run-up of US stocks.   He then took that liquidity in mid-2015 and was looking to diversify and make use of his capital. At this time, his obsession with volatility began alongside a search for ways to trade on such conditions, and took a look at the VIX index.   He found there was no direct way to expose investors to that index, other than buying derivatives or self-building a <span...