James Leong – Learn How to Read Financial Reports to Pick Stocks

<p><a href="https://www.linkedin.com/in/james-leong-c-foo-2a04b75/" rel="noopener noreferrer" target="_blank"><strong>James Leong</strong></a> is the founder of<a href="https://www.visions1.com.sg/" rel="noopener noreferrer" target="_blank"> Visions One Consulting</a>, a training consultancy that teaches finance to non-finance people. Using his unique Financial Storytelling approach, James can simplify a complex and dry topic to make learning joyful and fun. James has helped thousands of university students and non-financially trained people grasp finance and accounting easily, empowering them to make better decisions. The Singapore Business Review has featured James as one of ten influential professional speakers in Singapore. James is also a CSP (Certified Speaking Professional), a recognition earned by the top 12% of professional speakers worldwide.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“Go and seek your passion. I think that is what gives us joy and happiness in life, which is ultimately the most important thing.”</strong></p><p class="ql-align-center">James Leong</p><p>&nbsp;</p><h2><strong>Worst investment ever</strong></h2><p>James got into investing when he was a freshman. Having some knowledge in finance and accounting, he believed he understood numbers.</p><p>There was this particular young startup listed on the stock exchange. It was a newly IPO company with a lot of hype and tremendous growth prospects. Not a week could go by before an analyst said something great about this company. And, of course, the share price would keep going up. This attracted James’ attention, and he invested a substantial amount in the company.</p><h3><strong>Making huge returns before trouble starts</strong></h3><p>Everything leading up to the IPO was perfect. The growth curve, sales, revenue, everything was going up. IPO year was the best year. The shares made huge returns.</p><p>After the first year, things started getting rocky for the company. The numbers began dipping. Unfortunately, at the time, it was har