Ep51: Olan Suthivej – What Investors can Learn from Stock Tips
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Guest profile
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
Connect with Olan Suthivej:
Andrew’s books
- How to Start Building Your Wealth Investing in the Stock Market
- My Worst Investment Ever
- 9 Valuation Mistakes and How to Avoid Them
- Transform Your Business with Dr.Deming’s 14 Points
Andrew’s online programs
- Valuation Master Class
- Women Building Wealth
- The Build Your Wealth Membership Group
- Become a Great Presenter and Increase Your Influence
- Transform Your Business with Dr. Deming’s 14 Points
Connect with Andrew Stotz:
About the show & host, Andrew Stotz
Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it.
Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth.