Ep51: Olan Suthivej – What Investors Can Learn From Stock Tips

Olan Suthivej is currently the VP of Thailand Investment Banking & Capital Market (IBCM) at Credit Suisse based in Bangkok. He joined Credit Suisse in 2014 and has over 12 years of extensive investment banking experience in equity, equity-linked, debt financing, and M&A advisory transactions. Before joining Credit Suisse, Olan was an Associate Director in the Investment Banking department at UBS Securities Thailand and was responsible for client coverage and origination. Before relocating back to Bangkok, he worked in the Fixed Income Currencies & Commodities (FICC) at UBS Hong Kong and was responsible for sales and distributions of financial products (e.g., bonds, derivatives, commodities) to Thai clients. He started his career in investment banking as an Analyst at Phatra Securities based in Bangkok.

He graduated from the University of California, Santa Barbara with Bachelor of Arts degree in Business Economics with an emphasis in Accounting and holds an MBA from Sasin Graduate Institute of Business Administration.  He is very happily married with two wonderful children.

Get to know Olan as he unveils his worst investment ever story. Discover how he lost 20% of his portfolio by listening to stock tips. Learn why it is crucial for an investor to set a stop loss and to follow discipline in trading.

 

It takes discipline to master your emotion.”

Olan Suthivej

Topics Covered:

01:26 – Andrew tells about Olan’s background in career and education

02:52 – Olan recalls how his stocks investments during his MBA days were initially doing well but turned out and ended lost by 20%

05:28 – Lessons learned by our guest

06:22 – Andrew summarizes his takeaways

12:08 – Olan gives an option on how and what to invest if you don’t actively trade in stocks

13:29 – Ending the show with this simple but powerful advice: “Stay focused and be disciplined.”

 

Main Takeaways:

Lesson 1: “You should follow your initial target. It takes discipline to master your emotion. It’s like gambling as always. If you win more, you always want to win a bit more. But again, I think the great trader always follow their disciplines and make a decision because he’s always in the news. You win some, (you) lose some.”– Olan Suthivej

Lesson 2: “The first one (mistake people did) is it failed to do their research.  The second major area that people make is failing to properly assess risk. The other thing is the concept of a tip.”– Andrew Stotz

Lesson 3: “If you make a profit, you will never make a loss, no matter how big or small it was. It’s still a profit. At least you know, you’re not losing any money.” – Olan Suthivej

 

Resources:

 

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About the author, Andrew

Dr. Andrew Stotz, CFA is the CEO of A. Stotz Investment Research, a company that provides institutional and high net worth investors with ready-to-invest stock portfolios that aim to beat the benchmark through superior stock selection.

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