Posted by MoneyFace88 > Jun 14, 2016 07:20 AM | Report Abuse

“Nothing is free, even KC Chong from New Zealand spend time writing article for the sole purpose of educating everyone here ? Don't be silly , his objective is same as that of OTB , entice people to pay him to give him money so that he can invest like OTB”

Dear MoneyFace, thanks for your comment in one of the threads in i3investor today where you mentioned my name again. I am always happy to see my name being mentioned by you, just like the last time, when I specially dedicated an article for you titled “Dear Mr. moneyface88” in the link below.

http://klse.i3investor.com/blogs/kcchongnz/78867.jsp

I hope you enjoyed reading it, and have looked into the comments posted by many people there. I want to thank you again for that.

Your above comments have a lot of truth in it. Let me illustrate what I mean.

“Nothing is free”. That is a golden truth in investing. You seem to follow one of my sifu named Joel Greenblatt who said,

“The odds of anyone calling you on the phone with good investment advice are about the same as winning the Lotto without buying a ticket.”

I do hope my readers follow MoneyFace’s advice, oop, sorry, it is Joel Greenblatt advice that “nothing is free” when investing. Beware of people telling you to buy certain stocks, especially if these stocks have gone up a lot in price such that their prices have already exceeded the intrinsic value of the companies. Very good advice indeed.

Your next statement “even KC Chong from New Zealand spend time writing article for the sole purpose of educating everyone here? Don't be silly” is true too. Yes, it is not the sole purpose. It is actually quite clear as I always put a statement like this at the end of each article,

“For those who are interested to learn about value investing to build long-term wealth slowly but surely, please contact me at ckc14invest@gmail.com”

But if you take out the single word of “sole” in your sentence, it becomes

“even KC Chong from New Zealand spend time writing article for the purpose of educating everyone here?”

It becomes a very beautiful sentence, isn’t it? Let me substantiate what I say by copy-and-paste some comments in i3investor whom I have never met before below:

Posted by ickywin > Jun 25, 2015 06:54 PM | Report Abuse

Although I'm not Mr KC Chong student but I have learn a lot by reading his posting in I3 on business fundamental for the past few month and it had help me to identify some of the good company. I hope 1 day I will be able to subscribe and learn from u. Once again thank you Mr. KC Chong

Posted by apini > May 17, 2015 02:47 PM | Report Abuse

honestly speaking , I do not join Mr KCChong online course, I DO NOT pay Mr KCChong a sen, not a single sen, but these 2 years , I made a few lorries of cash using his recommended valuation techniques.

Posted by meridian33 > Oct 20, 2015 10:38 PM | Report Abuse

I am learning so much from your articles, you are truly kind and generous in sharing your knowledge. Keep up the good work, kcchongnz.

Posted by pisanggoreng > Dec 21, 2015 09:52 PM | Report Abuse

Mr Chong
Thank you very much and Merry Christmas
I believe many have benefited from your writing
Of course including me

 Your articles had turned me into sifu
Last time I followed friends , now friends follow me.
That is how you had changed the investing public
May I take this opportunity to share my success with all the readers here
Join KCChong online course, learn the true skill of investing in the stocks market
That is the best way to protect your hard earned money

Posted by kai8994 > Jun 4, 2015 11:03 PM | Report Abuse

Your article is "Must Read" to me, just like how Warren would love to read Howard Marks' newsletter immediately.

Posted by bluefun > Oct 20, 2015 09:25 PM | Report Abuse

I3 readers hv learn very much from your article, we hope that you will share v us your experience, calculation and opinion for investment.
I will always support you KC, add oil :)

Posted by Frank Soweto > Dec 22, 2015 05:35 AM | Report Abuse

Thank You Mr Chong for another year of many great articles and all the hard work and time u put in to share with your followers who seek the truths n did not follow blindly :) Merry Xmas n a happy New Year :)

Posted by cpng > Sep 24, 2015 08:09 PM | Report Abuse

幸好这里还有像KC CHONG 的股市明灯，值得我们尊重

Posted by MG9231 > Dec 22, 2015 06:57 PM | Report Abuse

Merry Christmas KCChong. Although I am not your online student but I treat your articles as a lesson for refreshing what I have learned in our places.

The last one above, I understand, is a super investor in Malaysia in his own right. I also particularly like the simple comment below, someone I think I have learnt a lot of things about investing from:

Posted by luzeeker > Oct 20, 2015 09:52 PM | Report Abuse

Keep writing KC, you wrote good articles.

I am not sure about these two gentlemen below:

Posted by YiStock > Dec 22, 2015 08:11 AM | Report Abuse
I have a 55% overall portfolio gain (36% realized and 19% unrealised gain) for the year of 2015. I must say big thank you to you and you are true guru of all.
I am 99% confident that my portfolio have another 300-350% upside potential for 2016 where i recently has completed my portfolio restructuring. I am still sharpening my investment skill.
Looking forward to meet you in next year June during the KCChong Investor Club 1st Annual Retreat in Johore. Thanks and may you are blessed with all the good health and wealth.
From, YiStock

Posted by Icon8888 > Dec 22, 2015 08:18 AM | Report Abuse

@YiStock
I believe I am entitled to join also
I am a graduate of KCChong Business School
I attended his online course
But I quiet quiet never tell anybody

Are these two gentlemen my students? May be the first one, and the second one may be pulling our legs.

Yes, we had a retreat at Pulai spring organized by my course participants. It was fantastic to meet so many enthusistic young men and women there (and middle-aged ones too).

Dear MoneyFace, this article may have borrowed your name, but it is not about you. It is about those people who have read and showered good words as shown above, and of course also for my course participants. I would like to take this opportunity to thank them for organizing this function with both FA and TA presentations. it was excellent with some corporate figures presenting their businesses so that we understand the business well for our investing. I still remember very well what Alvin Aw, MD of Thong Guan Industries said in his presentation,

“Who is this KCChong? I didn’t know he is so famous. I have never heard of him before”

I would also like to thank Terence, also a course participant, who have set up this “KCChong SmartInvestor Community Facebook” for the course participants. It is fantastic with so many wonderful sharing which you can’t find anywhere else. I would appeal to those former course participants who haven’t joined it, please do so.

Also thanks to Teh SK for setting up the whatsApp group for KCChong Investment Group, another great sharing. And there seems to be an initiative for a forum soon.

Mr MoneyFace, regarding your last statement, “his objective is same as that of OTB , entice people to pay him to give him money so that he can invest like OTB”

Enticing people “to join his course” should come before “entice people to pay him”. This is because people must get the benefit to “join” my course in order to “pay” me.

If you go back to the link which I have specially dedicated to you, Mr MoneyFace”, as below, you will understand how much time and effort I have put in to educate my course participants,

http://klse.i3investor.com/blogs/kcchongnz/78867.jsp

So is there anything wrong for charging a fee? Before you answer this question, let’s hear what some of the course participants have said:

Posted by coolio > Oct 22, 2015 11:58 AM | Report Abuse
KC, please keep doing the good things you are doing now. I know you will just ignore those annoying sound out there, you know your quality.
I just want to take this opportunity to say thank you again because recently I have achieved 7 figure in my investing journey...hehehe.. Thanks for your investing methods, no 8 wonders in the world is really amazing!

Posted by Intelligent Investor > Dec 21, 2015 08:24 PM | Report Abuse

An investment in Mr. Chong course provide me the ever best return.

Posted by joe2703 > Dec 21, 2015 10:22 PM | Report Abuse

An investment in knowledge pays the best interest.... I've learned so much from your online course and I made quite some good profit with the knowledge that you taught me, thank you very much!

For those course participants who may not have made money this couple of years using value investing, do not get disillusioned and please be reminded of the saying below:

“I just want to take advantage of prices away from value. If you do good valuation work and you are right, Mr. Market will pay you back.  In the short term, one to two years, the market is inefficient.  But in the long-term, the market has to get it right—it will pay you back in two to three years. Keep that in mind when you do your analysis. You don’t have to look at the next quarter, the next six months, if you do good valuation work—Mr. Market will pay you.”              -Joel Greenblatt

The last bit of your comment “so that he can invest like OTB”, of course has totally gone out of track.

I have written so far 220 articles in i3investor as shown in the link below, many more articles if I take account of those articles I wrote before I set up my own blog within i3investor.

klse.i3investor.com/blogs/kcchongnz/

Any reader would have known my investment philosophies, methodologies and strategies. They are totally different from OTB. I use FA, FA alone, and OTB use TA first, and FA comes in second.  I respect his way of doing investment and I hope he respect mine too. I don’t know why you can’t see that.

I hope anyone who hasn’t read my articles, do read them, as I strongly think that they are beneficiary, especially for those who are new to the market. Bestof all, they are free, yes totally free. And if you find those things useful, and you think you want to learn about them in more detail, please contact me at

ckc14invest@gmail.com

“Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling.”           -Seth Klarmen

Yeah, Mr MoneyFace, you are right. This article is not “for the sole purpose of educating everyone here”. It actually goes a step further to encourage you to spend more time, and a little money, to learn fundamental investing in more details.

“Nothing is free” as you have said. Especially for good things.

K C Chong