CEOs Of StarHub Ltd And DBS Group Holdings Ltd Share How They Invest

Credit: Simon Cunningham

Invest Fair 2016 took place just last week and I attended. It was an event that brought in many investing experts and company leaders to share their insights and wisdom. My colleague David Kuo was invited to take part in a panel discussion in one of the segments.

The chief executives of StarHub Ltd (SGX: CC3) and DBS Group Holdings Ltd (SGX: D05) were also speakers at the event. During their segments, they were asked by the host on how they invested. Here are some of the notes I took while listening to them speak.

Concentrate your bets

DBS’s leader, Piyush Gupta, encouraged investors to concentrate their investments into a handful of companies that they know intimately.

He cited billionaires such as Bill Gates and Mark Zuckerberg as examples of people who have made their fortunes with a single vehicle. In Gates’ case, that would be Microsoft, the company he founded. As for Zuckerberg, that would be his company, Facebook.

Focus on fundamentals and don’t take ‘hot’ tips  

Gupta may be running one of Southeast Asia’s largest financial institutions now, but even he got burnt when he followed ‘hot’ tips in his younger days.

StarHub’s chief executive, Tan Tong Hai, also shared similar tales. Both men have since vowed against acting on hot tips. There is simply no avoiding the need to do some homework before investing.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Ong Kai Kiat owns shares in DBS Group Holdings.