Five Minutes with Jason Kwok

For golfers and investors out there, you might find golf and investing share a lot of similar attributes. In this, the fifth in a series of interviews presented by Charles Schwab, Hong Kong, Ltd., Jason Kwok – the head professional at Discovery Bay Golf Club – talks about how he started playing, his love of Spyglass Hill and the lessons he’s learned through his investing experiences.

Spyglass Hill in Pebble Beach, California

Do you have a favourite course?

Spyglass Hill in Pebble Beach, California. I love how the nature of the course changes – the first few holes play close to the ocean amid sand dunes and then it takes you inland and you play among giant redwood trees. It’s like a different world. Robert Trent Jones, Sr designed Spyglass and he defined the holes really well. The course rewards a good shot but you can certainly get into trouble.

Who would you be in your dream fourball?

That’s easy. Jack Nicklaus, because he was my first golfing hero; Ben Hogan, because his swing is what I base my teaching on; and Annika Sorenstam, because she seems so cool.

How do you maintain focus during a round?

It’s hard to keep focused solely on golf for the entire time you’re out on the course, but I play my best when I’m able to get into tunnel vision mode for the minute it takes to prepare for the shot and make my swing. The rest of the time I enjoy taking in my surroundings and having a chat with my caddie and playing partners.

How would you describe your overall investment philosophy?

I am relatively conservative at this point in my career – a solid return on minimal risk is my principal. In the not too distant future I would like to achieve a reasonable monthly income from my investment portfolio.

What key lessons have you learned through your personal investing experiences?

The most important lesson is being able to limit your losses. I’ve also learned that a falling market still represents good investment opportunities. Conversely, I don’t allow myself to get too excited when the market is flourishing. Sometimes this is the best time to head to the sidelines after making a healthy profit.

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