Journal

'所以军队作战没有固定的态势，如同水也没有固定的形状'

'So, in conduct of war, there are no fixed situations and conditions, just like water has no constant shape and configuration.'
Art of War by Sun Tzu - Chinese strategist, general, philosopher, 496 BC

'Financial markets ARE much like warfare that requires fluidity in strategy and tactics to adapt to changing environments and business cycles to succeed. Water represents absolute flexibility to adapt and thrive.'
Macrowaters Asia was founded on such principles, 2016

'One can sum up all this by saying that the criterion of the scientific status of a theory is its falsifiability, or refutability, or testability.'
Sir Karl Popper, Austrian-British philosopher & professor, 1902

SOME LINKEDIN POSTS

The Articean ~ MW (a real-time application on Alibaba, 24 Nov 2025 2.52pm EST): https://www.linkedin.com/posts/macrowaters-asia-fund-management-limited_the-articean-mw-a-real-time-application-activity-7398810888197070848-P0_Q?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

Warren Buffett once said something about banks that most did not know (unbiased look at Alibaba analyst ratings) 21 Nov 2025 11.35am EST: https://www.linkedin.com/posts/ced-h-b70049213_warren-buffett-once-said-something-about-activity-7397675885404991488-6WBQ?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

"Anticipate" not react & Challenge the status quo, our golden rules - an unbiased application on the top AI stock of 2025, Palantir against Wall St analysts consensus, Nov 17, 2025 6.49pm EST NY: https://www.linkedin.com/posts/ced-h-b70049213_dec-10-2024-article-palantir-will-be-one-activity-7396152618399522816-UXpF?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

Art & Science of Investing ~ MW: https://www.linkedin.com/posts/macrowaters-asia-fund-management-limited_art-and-science-of-investing-mw-there-activity-7396405361508990976-JnAH?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

November Rain - title of our market report and famed rock song by Guns N Roses
(Nov 7, 2025 6.30pm EST): https://www.linkedin.com/posts/macrowaters-asia-fund-management-limited_guns-n-roses-november-rain-activity-7392710094804860928-W9XA?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

A love for Art & Ocean - MW ~ Articean: https://www.linkedin.com/posts/ced-h-b70049213_a-love-for-art-and-the-ocean-articean-activity-7384366108868268032-Phme?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

Pre-FOMC meeting. Revisit our Mar 3, 2024 post: stock market Bears to "Beat it" as Michael Jackson sang & Party like 99'. For now but watch economic "weather". (17 Sep 2025 11am EST): https://www.linkedin.com/posts/ced-h-b70049213_party-like-1999-yeah-for-now-caveat-emptor-activity-7374098127726866432-UOOf?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

ACT III, OBSERVE, ANTICIPATE AND ENDURE TO WIN, 4 AUG 2025: https://www.linkedin.com/posts/ced-h-b70049213_act-iii-observe-anticipate-and-endure-activity-7358218657014968320-xzxA?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

ACT II - ART OF THE DEAL. 'ANTICIPATE' NOT REACT ~ OUR GOLDEN RULE. (Do not marry to bull or bear side: our Apr 6 post anticipated a scale back of Trump tariffs and rally to 5850-6000 for US S&P 500 stock index) 13 May 2025: https://www.linkedin.com/posts/ced-h-b70049213_act-2-art-of-the-deal-anticipate-not-activity-7328054063261011968-AI9D?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

ACT I, IDES OF MARCH: US STOCK MARKETS FALL BUT GOLD RISE (we challenge the status quo & consensus) Mar 31, 2025: https://www.linkedin.com/posts/ced-h-b70049213_ides-of-march-act-1-us-stock-markets-fall-activity-7312507535180152834-WkOS?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

JAN 2025 MARKET FORECAST ~ 'A STORM IS COMING'. Be like water (Bruce Lee/Sun Tzu inspired) - our unconventional 2025 market forecast video, 14 Jan 2025: https://www.linkedin.com/posts/ced-h-b70049213_be-like-water-bruce-leesun-tzu-inspired-activity-7285019039469379587-HNs9?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

WHY GOLD IS MOST RESILIENT ASSET IN HISTORY OVER 100 YEARS, 18 SEP 2024: https://www.linkedin.com/posts/ced-h-b70049213_the-best-asset-must-stand-the-test-of-time-activity-7243292284409036801-Wth_?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

OUTLIERS IN LIFE: THE GOOD, THE BAD AND UGLY, 17 JUNE 2025: https://www.linkedin.com/posts/macrowaters-asia-fund-management-limited_outliers-in-life-the-good-bad-and-ugly-activity-7345806784831307782-o9Qy?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

THE ART OF GOLF OR INVESTING, TECHNOLOGY IS JUST AN INCREMENTAL GAIN AS THE MAIN FACTOR FOR SUCCESS IS SKILL - NOW OR 100 YEARS AGO, 2025: https://www.linkedin.com/feed/update/urn:li:activity:7342418288963919875

MW STT, SPINNING TOP THEOREM ON LANTAU PEAK, HK: https://www.linkedin.com/posts/ced-h-b70049213_mw-stt-spinning-top-theorem-on-financial-activity-7086774943274733568-MLSB?utm_source=share&utm_medium=member_desktop&rcm=ACoAADXu90QB_-ETS3IDnK4Qyn0ufBPROdWJNWU

OTHER USEFUL RESOURCES WE FOLLOW

cme fed funds rates futures: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
federal reserve bank st louis economic data: https://fred.stlouisfed.org/
un climate action: https://www.un.org/en/climatechange
Tariffs in 1920-30's and its negative impact on world: https://history.state.gov/milestones/1921-1936/protectionism
nobel prize in economics, robert shiller, behavioral economics: https://www.nobelprize.org/prizes/economic-sciences/2013/shiller/interview/
world gold council: https://www.gold.org/
liars poker by michael lewis audiobook: https://www.youtube.com/watch?v=ZTuu6z1_B9M
benjamin graham, the intelligent investor: https://irp-cdn.multiscreensite.com/cb9165b2/files/uploaded/The%20Intelligent%20Investor%20-%20BENJAMIN%20GRAHAM.pdf

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