HKH Research House
- Adam Smith and his unfulfilled vision of a Better Society for all Humanities.
- The Firms and the Capital Markets.
- Value Investing and under-recognised companies
- The Real Estate asset class
- The OxsightHumanities paradigm on ESG
- Oxford, London, and Hong Kong.
“ The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else.. ….”
– John M. Keynes –
“Something foolish, Something Creative, Something generous.”*
– Benjamin Graham –
-* what Benjamin Graham said he wanted to do every day when he was about 80, according to a remembrance article written by Warren Buffett and published in the Financial Analyst Journal after the passing away of Benjamin Graham in 1976.
Adam Smith and his vision of a Better Society
“It is entirely conceivable that self-love, sympathy and the “invisible hand” can convert the “private interests and passions of men” into a better society for all.”
The Firm and the Capital Markets
“It is enterprises which builds and improves the world’s possessions..
….Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes a bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done…”
Value Investing and under-recognised Companies
Investing is like going into a casino when most of the people are drunk.. If you just drink Coke, you probably would be fine..
THE REAL ESTATE ASSET CLASS
We expect Real Estate to overtake Gold to become the 4th largest institutionalised asset class in the world, and its size could well become comparable to equities, bond and bank deposit over time.
The OxsightHumanities paradigm on ESG
The OxsightHumanities’ paradigm on ESG is inspired by the ideas of 1991Nobel Prize Laureate Ronald Coase and Adam Smith which we think point to the importance of establishing a Virtuous Cycle between The Market and its Firm.
Oxford, London, and Hong Kong
“We seek a strategy of getting all great ideas from the East and the West being refined and redefined at Oxford, and then Sharing with the world via London and Hong Kong.”
” Few will have the greatness to bend history, but each of us can work to change a small portion of the events, and in the total of all these acts will be written the history of this generation….
….Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centres of energy and darring those ripples build a current which can sweep down the mightiest walls of oppression and resistance. “
– The Ripple of Hope, Robert Kennedy-