A few weeks back, we held a live session with Chris Angkasa.
Those in the investment scene will need no introduction on who Chris is. For the benefits of those not very involved in the investment circles (no shame about this, because you are busy living life in your own niche circle), Chris is the founder of Bibit, which later got acquired by Stockbit. He also found the holding company Clapham, which owns a number of F&B companies.
Beyond the companies that he have founded, though, Chris is just an amazing human being. Speaking to him almost felt like meeting a soul brother. Some of the things he talked about were the things that I privately preached in my tiny circle, but often feel a bit shameful to share publicly. I thought I was just a weird person to have these beliefs and so I kept them to my closest circle. But hearing them coming from Chris just felt like a huge validation boost. There were countless moments when I thought in my head
Omg! I can’t believe you are thinking the same thing!
I genuinely had a great time speaking with Chris. Two hours passed which felt like 30 minutes. I hope this can be a useful companion for you to listen to when you are stuck in traffic, when you are on your long runs, or just want a better evening entertainment (to replace doom-scrolling and Netflix).
We did talk about both investment-related and non-investment related stuff. Here are some breakdowns just to help you decide if this is worth your time.
Investment-related topics:
Changes in the Indonesian capital market 10 years ago vs now
Whether value investing is dead
Whether it is possible to make money in the stock market
Managing the emotional roller-coaster when investing
The impact of MSCI downgrading Indonesia
The future of banking stocks in Indonesia
How to evaluate banking stocks
Specific stocks mentioned (not a recommendation): Astra, Gudang Garam, Prodia
Non-investment-related topics:
Chris’ experience building Bibit
How work and life would change with AI
How we should view our relationship with money
How to make yourself smarter by managing your information diet (hint: Substack)
What you should know when deciding to invest in global stock market
Thank you KelaSaham, Mondayswife, Billy Jayadi, JeKa Circle, Shania Mustika, and many others for tuning into our live video with Chris Angkasa and Budi Ryan, PI! Join us for my next live video in the app.
Also, drop us a comment on who you want us to talk to next time and the topics/questions you want us to cover.
Until next time, folks!







