Kavee Chukitkasem – Gain Knowledge Before You Start Investing

<p><a href= "https://www.facebook.com/Kavee.Chukitkasem/"><strong>Kavee Chukitkasem</strong></a> <span style="font-weight: 400;">is the Deputy Managing Director of</span> <a href= "http://www.kasikornsecurities.com"><span style= "font-weight: 400;">Kasikorn Securities</span></a> <span style= "font-weight: 400;">and completed his Master of Finance from The University of Toledo, Ohio. Kavee is also a</span> <a href= "https://www.youtube.com/watch?v=xQ9pkQ3xGXk"><span style= "font-weight: 400;">TEDx speaker</span></a> <span style= "font-weight: 400;">and is the author of a popular investing book on how to identify great stocks and how to sow the seeds for sustainable long-term results (original title:เพาะหุ้นเป็น เห็นผลยั่งยืน).</span></p> <p><span style="font-weight: 400;"> </span></p> <p><strong>“It doesn’t matter if you give your money to a fund manager; you still have to know about investing.”</strong></p> <p><span style="font-weight: 400;">Kavee Chukitkasem</span></p> <p><span style="font-weight: 400;"> </span></p> <h2><strong>Worst investment ever</strong></h2> <p><span style="font-weight: 400;">Kavee’s worst investment to date happened during the first year of his career. He had just received his first bonus, and all he wanted to do with the money was to invest it. While it wasn’t so much money, Kavee was excited to be able to enter the investment world.</span></p> <p><span style="font-weight: 400;">At the time, Thailand’s stock index was at 1,700 points, almost the highest it has ever been.</span></p> <h3><strong>A bubble near to burst</strong></h3> <p><span style="font-weight: 400;">Around the same time, the Tom Yum Goong Crisis (the Thai name for the 1997 Asian Financial Crisis, and also a delicious soup with prawns) was building up in Thailand. Even though the signs were all over, nobody saw the crisis coming. Someone advised Kavee that this was the best time to invest, and he blindly believed him.</span></p> <p><span style="font-weight: 400;">Even though he was a finance graduate already working as a fin