Martin Lee @ Sg

RIP Dr Michael Leong and Some of His Lessons

Most investors in Singapore would probably have heard of the portal shareinvestor.com, one of the first few websites on share investing in Singapore.

Shareinvestor.com was founded by Dr Michael Leong in 1999. This turned out to be one of his best investments as the site was subsequently sold to SPH in 2008 for $12 million.

I had attended one of his talks back in 2008 and even wrote a review.

Yesterday, Dr Michael Leong passed away at age 54 after a year long fight with cancer. This was quite sudden as he was recovering very well as recent as Dec 2015. RIP.

Dr Micheal Leong on his diagnosis and battle with cancer.

In his passing, Dr Leong leaves us with the knowledge that he has shared unselfishly on the shareinvestor and pertama forums (nickname oldman).

Dr Michael Leong on what to do when you have enough money (written before his diagnosis)

When you have enough money, you can either take one of 2 routes. The first is to continue what have made you successful as this frankly, is the easiest option to take. This is your forte and this is what makes you feel good. If you are good at making money, you will surely want to continue doing this as this will give you the feeling of accomplishment and achievement.

The second option is to recognise that you have only one life and you do not know when this will be taken from you. When you are aware of this, you will be more aware of the fragility of life and want to do the things that you have always wanted to do in life.