How to Assess Competence and Honesty at Family-Owned Companies in Asia

[cyclone]

A really informative video. Any more of these?

There are two more video clips by Mr Yeo.

Why Yeo Seng Chong Favors Family-Owned Companies in Asia


Sun Hing Vision (Hong Kong: 125): Case Study on Family-Owned Companies in Asia


Source : http://www.beyondproxy.com/tag/yeo-seng-chong/

[KopiKat]

Spot Mr Yeo's book collection...

The Intelligent Investor.
Security Analysis x2
The value Imperative (found this in www.betterworldbooks.com.. bought one at US$10.53.. still left one more )
Competing on analytics

On the top deck :
- Competitive Strategy: Techniques for Analyzing Industries and Competitors ??
- You Can Be a Stock Market Genius
- Common Stocks and Uncommon Profit
- The Essays of Warren Buffet
- Value Investing : From Graham to Buffett and Beyond
- Competing on Analytics
- Beating the Street
- One Up On Wall Street
- The Value Imperative
The other 4 books are too blurred to spot on.

On the bottom deck :
- The first one. What book is it ??
- 2x Intelligent Investor
- 2x Security Analysis

From the colour of the book cover, it could be,

The Wealth of Nations: The Economics Classic - A selected edition for the contemporary reader (Capstone Classics) [Abridged] [Hardcover]


[Image: 41LsPH3z47L._BO2,204,203,200_PIsitb-stic..._OU01_.jpg]

[CityFarmer]

Mr. Yeo and the interviewer will surprise that the viewers have more interest on the bookshelf behind than the interview content...

Thanks for sharing, Mr. cyclone

[cyclone]

The Power of Community : How Mr Yeo's Book Collection Revealed. Thank you all.

[rogerwilco]

similar to Sir John Templeton, Mr Yeo is very commendable in generating market beating returns while restraining from investing in 'sin' stocks (gaming, alcohol, tobacco, etc).

BTW Aggregate Asset Management, the fund management firm where Teh Hooi Ling recently joined, was formed by Yeoman alums

Thank you for sharing Cyclone!

P.S: found the following Mr Yeo's interview transcript on Yeoman's website. The interviewer is Teh Hooi Ling

http://www.yeomancap.com/images/pulses.pdf

[kagemusha]

very informative indeed. Thanks for sharing.

[Jon-san]

What are some of the companies that can fit the criteria? Good sound, honest, competent management, regular dividend payouts, etc. I can think of only OKP Holdings so far. Any others?

[dreamybear]

Much room for improvement for boards in looking after shareholder interests
https://www.straitstimes.com/business/mu...-interests
"...Perhaps it is time to follow the practice in New Zealand, where directors seeking appointment must justify their suitability to shareholders before assuming their positions."

[weijian]

Much room for improvement for boards in looking after shareholder interests
https://www.straitstimes.com/business/mu...-interests
"...Perhaps it is time to follow the practice in New Zealand, where directors seeking appointment must justify their suitability to shareholders before assuming their positions."

I believe Towkay and his friends will be reasonably annoyed to have to pitch themselves like in a job interview   The market was made for companies, and not the other way around.

New Zealand
GDP ~ 250bil USD
Stock Market Cap ~ 132.2bil USD
Stock Market Cap-GDP ratio =  0.52

Spore
GDP ~ 397bil USD
Stock Market Cap ~ 600 bil USD
Stock Market Cap-GDP ratio =  1.5

US
GDP ~ 23.3 trillion USD
Stock Market Cap ~ 46.2 trillion USD
Stock Market Cap-GDP ratio =  1.98

So, do we want Spore to be more like NZ or US? We have to be careful of what we "wish for". (Personally, I definitely prefer Spore to punch above its weight, and move towards been more like US than NZ!). Many things come in a package. We can't cherry pick what we want and then package them into an ideal (imaginary) solution.

[CY09]

I would rather Singapore moves toward NZ, where a band of directors take good care of OPMI.

Personally, if an economy is riddled with chairman/owners taking advantage of OPMI, where illegal money had purchased assets that is 0.2% of Singapore's GDP and growing, directors who are engaged in share rigging and director who is in illegal business of money laundering, agents telling lies to sell poor deals to consumers, I do not want to be part of it. I would rather Singapore contracts to that of NZ where things are fairer and has integerity

Just my thoughts