Icon8888 Gossips About Stocks
(Icon) The Evolution of i3 Into A Super Investor
1. The Rise Of The West
Once upon a time, China and India were the dominant world economies. They accounted for easily 40% of global GDP.
However, approximately 500 years ago, the West began to rise. The driving force behind it was science and technology. I have experience dealing with Chinese, Indians, Westerners, etc. Based on my observation, no one single race is more superior than the others. Everybody is more or less equal, when comes to intellect.
If that is the case, how did the West pull ahead of everybody else to emerge as the dominant force in the world ? It is the system. They have developed a platform and method that facilitated development of science and technology, thereby significantly increasing their productivity.
To have a feel of what I am trying to say, let's first look at our own Chinese way of handling technology. The West was not the only people that deployed technology. The Chinese keenly studied various natural phenomenon and harness their power for economic gain. Apart from Compass, Gun Powder, Paper, Printing, etc, there are numerous other things invented by the Chinese. This included medicine, special usage of material, etc.
However, this was where the Chinese differed from the West. For Chinese, inventions were trade secret. You don't disclose the full amount to your disciples, unless he is part of your family. Due to the above practices, things were regularly invented in China, but they failed to blossom and propel the nation into a modern state.
2. Two Critical Components
500 years ago, the West developed an academic system that contained two critical components :
(a) Objectivity - Speaks with facts and truths, not propagandas, beliefs or ideologies. Whatever academic papers presented by scholars will be vetted by independent and neutral academic peers. Nobody can force things down other people's throat. If you want to do that, you will simply be ignored and excluded from the process. Professionalism was the order of the day.
(b) Openess - Discoveries no more shielded with secrecy. The merit based system didn't provide financial rewards for new discoveries. Instead, credits was given to the publishers of the papers. Recognition was accorded to the academics for contribution they made in advancing the particular field of studies. Keep your academic discoveries in a locker ? You got to be kidding !!! The moment the paper has been finalized, the academics will rush to release their findings so as to identify themselves as the person that pioneered the concept. If you are a bit slow and somebody undertaking similar study released ahead of you, you ten years of hard work will go down the drain.
The combination of above two factors created a force so powerful that science and technology took off, creating the modern world that we lived in now.
3. i3 As A Platform For Information Sharing and Expertise Development
I have been in the market for a long time. Overall, my track record was ok. I managed to grow my wealth. However, there was a limit on how well I can do. In certain period, my performance was erratic and I was not on the top of the food chain, so to say.
I joined i3 in 2014. Since then, I was exposed to various information and concepts provided by forum members. That benefited me a lot. I now have better feel of the market, various stocks and strategies. My performance had improved a lot as a result.
In my opinion, I was not the only person that benefited. Over the past two years, through sharing of information, fine tuning of concepts and reasoning, I notice i3 members as a whole have improved and matured by a lot. Really a lot.
For example, when I first started blogging, I was frequently pestered for Target Price. "What is the Target Price ? Write a lot of nonsense but did not give a Target Price. £€+*^%#¥". But now, nobody said that to me anymore. Most of the forum members now know what to do with the info I provided them. They correctly treated my articles as source of insights and information, not so much recommendations.
Another evolution I notice was the concept of Margin of Safety. Back in 2014, whenever I wrote that this company has strong balance sheets (low borrowing and most importantly, surplus cash), forum members will go crazy and rush in to buy. But nowadays, I notice that forum members no more reacted to such details with eagerness. I would attribute this to gradual acceptance that future earning is the key price driver (Uncle Koon) and stockmanmy's frequent lashing out on the concept of margin of safety through balance sheet strength. I believe that have an effect on forum members subconscious, causing them to change their perspective in a subtle way.
The reasons I brought up the above two examples are to indicate the academic system pioneered by the West as mentioned above seemed to be well and working in i3. i3 is now a forum for members to share information openly and discuss issues objectively.
As a result, it has evolved into a very EFFECTIVE platform for stock market investing.
That is why I named this article "The Evolution of i3 Into a Super Investor". I believe that when come to portfolio return, many i3 members must be at the top of the echelon, beating even analysts and fund managers.
Dont believe me ? Just look at the return of various forum members for month of March for Stockpick 2017. Of course, the market in general has done well. But if you look at the stock picks, you will notice that many are ver well chosen, reflecting insights, skills and understanding of what they were doing.
We have benefited a lot from this platform. Let's try to do our parts to preserve and enhance this eco system through sharing of information and ideas in a productive way.
Have a nice day.
More articles on Icon8888 Gossips About Stocks
(Icon) Jaks Resources - IRR Model Shows That RM300 mil Net Profit p.a. For 30% Stake Is Plausible
Created by Icon8888 | May 01, 2020
(Icon) Notion VTec - Forget About The Virus, It Is Time To Rock and Roll
Created by Icon8888 | Mar 10, 2020
(Icon) Sam Engineering - Excellent Result. Share Price Can Potentially Double Within 2 Years
Created by Icon8888 | Mar 01, 2020
(Icon) Alliance Bank - One Off Provision Affected Previous Quarter Earning. Time To Buy On Weakness
Created by Icon8888 | Nov 13, 2019
Discussions
19 people like this. Showing 50 of 81 comments
unicorn if you are looking at competitive lense, where is the space for newbie or oldman to invest and get rich? Why not invest in a way that does not require continuous intelligent? my heart is weak and small..
2017-04-02 00:56
Newbie must take maximum risk; oldman take minimum risk.
The best trading technique in stock market would be:
All-in stocks in bull market, punt the index put warrants in bear market.
Thats why I say predicting market trend is first, picking winning stocks comes second.
This way, you will never lose in stock market for life.
"Does not require continuous intelligent" means you wanna be passive in investing or more directly lazy. This will not give you earn big money and what if the company share price drops in bear market and coincidentally the company suffer going concern issue then mah die lo.. Thats why must play the stock market by right timing.
2017-04-02 01:13
Actually picking winning stocks very easy only ma.. You dont need what ratio, what MA or what Stochastics one.
Whenever quarter earnings(revenue, PBT & PAT) explode and hit new high for the last 3 years and if the stock is trending flat, you hit free jackpot. Though you must know the ingredients of the sales(not one-off). Nicely written prospect is a big plus. This kind of stock sure fly till next quarter one.
EG this Feb, I bought Lionind @ 0.62 fly to a high of 0.87 in a month.
HHHcorp @ 0.100 fly to 0.13 also in a month. Bioalpha revenue explodes this Feb but I no more capital already. Also fly after QR. CONNECT also fly after QR shows revenue explodes.
So it is that easy in bull market. Now I hope market crash so that I can test my skill in put warrants punting. hehe
2017-04-02 01:41
Unicorn The smartest ones are in HSI forum. Unicorn, u are One of the smartest one. :-))
2017-04-02 08:10
During bull, even donkeys become Gods
But no skin no win even during bulls.
and of course forever skeptical like Charles, forever no win.
2017-04-02 09:02
No win like charlet bought umw at 5.0+ while plp man bought umwog at 0.75....hmm...interesting
2017-04-02 09:05
Charles no plp skill bought symlife at 0.70+ n plp man gets free tips fm koon to buy jaks at rm1.30+
2017-04-02 09:06
Stockmanmy , follow ne punt the chick...
Its $0.520 now. Kikiki ,,, Tp very lucrative
2017-04-02 09:13
EG...looks like a good one from risk reward perspective anf from technical perspective.
Fundamentally, it looks like a smaller version of VS but VS gets all the attention but EG none...why is that so?
2017-04-02 09:42
UMWOG can make a lot of money but must have long term perspective and let PNB/ Petronas do their magic.
2017-04-02 09:47
charles
you know there are people like you in this world?. They always end up in failures.
Know why? because you are so full with negativity.
2017-04-02 10:16
I only negative against assholes,crooks etc...so like this also will end up in failures?i m very scare now...
2017-04-02 10:20
You are also negative about stuffs you don't know, don't understand. too big for for you.
How would a frog know about the soaring eagle?
Charles the frog.
2017-04-02 10:41
Seriously do u really need to plp so as to get some tips for living? I think u can do better than that..
2017-04-02 11:13
charles,
you don't seem to understand......
great people attract each other and gets repulsed by little men and frogs.
2017-04-02 11:35
negativity eats you up.
you become a zombie, charles.
super investor needs a bit of zest.
positivity.
even optimist
like charles then no hope already.
2017-04-02 12:48
Posted by stockmanmy > Apr 2, 2017 09:42 AM | Report Abuse EG...looks like a good one from risk reward perspective anf from technical perspective. Fundamentally, it looks like a smaller version of VS but VS gets all the attention but EG none...why is that so?
ME : Manmy , I think u kniw why ...
The operator still in digestion, it need small fry fron manmy.kikiki
In contrary I choose EG instead of V.S. , of course u know why I'm doing this.
Come on , go get it . Even sailang ...
2017-04-02 12:55
Yes I agree with icon. I just join i3 about 6 months ago and it has widen and increased the depth of my view and benefitted financially from it. One must embrace all views so that we can sense how the market will behave. Thank you i3.
2017-04-02 17:48
當你孤單你會想起誰，
愛康達人坑你一千回，
在下一個輪迴，
也許還能賺回，
再述說今生的不悔！
新歌《坑你一千回》，會唱的一起唱。
（Icon8888, its a joke, ok?!）
2017-04-03 00:08
i also wan to contribute positively ....... BOH CHOOOOWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAAAAAAA !!!
2017-04-03 10:43
Agreed with you, Icon. Learn a lot from i3 and improve my stock selection substantially.
2017-04-03 14:14
we all goreng up and up...and sell to the next generation lor...
after all we get burnt before them mah!
they have artificial intelligence to support their life and do all the hard work they need to do...lucky chaps...future is completely different.
2017-04-03 19:00
am i the only one feeling i3 has become like trash lately? becoming difficult to differentiate diamonds from glass pieces
market over-hyped the cause?
2017-04-07 23:03
I joined i3 very much later than Taiko, but have learned a lot from him and all the other sifus' contribution.
Thank you all of you.
Thank you i3 too.
2017-04-14 23:46
Dear Investors,
I would like to get more respondents for my survey study on “Analyze the adoption and user’s experience of Online Trading Networks in Malaysia”. Appreciate you could spend few minutes to answer my questionnaire via the following link: http://survey.sogosurvey.com/survey.aspx?k=TsXQTPXsVsQPsPsP&lang=0&data=
Thanks you very much for your time.
2017-04-16 20:01
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
Apps
Top Articles
1
Good Articles to Share
Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City
2
3
5
RHB Investment Research Reports
6
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Unicorn
So far I see the best is "fairplayer".
2017-04-01 23:53