Where have all the value investors gone? kcchongnz

kcchongnz

Publish date: Wed, 21 Nov 2018, 03:32 PM

I just read a very good article by Ian Tai, a value investor and an investor coach, I think, posted by Tan KW in i3investor here,

https://klse.i3investor.com/servlets/forum/600183119.jsp?fp=2

Reading the article, a value investor like me will straightaway knows that the writer knows his stuff well, and I strongly believe he is a great investor too.

Then as usual, I saw this comment from the most active with the loudest noise in i3investor,

Posted by qqq3 > Nov 21, 2018 11:00 AM | Report Abuse

turns me off whenever all these cari makan people have to start with...in Buffet case....
can't they be a bit more inventive?

In my school days, I respected our teachers, who have taught as selflessly. Many of them “cari makan” earning a few hundred Ringgit a month to put food on table. Many of us become good citizens and some became successful professionals and businessmen. I myself feel very grateful to all my teachers who had taught me and enable me to be a useful citizen with a satisfying career as a civil engineer.

So, what is wrong with value investor coaches, who sweat it out with long hour of time and hard work, probably is earning a living teaching all the good stuff in value investing?

I opine that teaching the right way of investing, such as value investing, enables participants to avoid the pitfalls investing in the stock market and build long-term wealth is an extremely useful for anybody. Don’t you think so?

Is teaching and earn some income a form of stealing, cheating, robbing or some shameful behaviour?

How can teaching “turn off” someone, and deserves his continuous contempt compared with people who deceive and manipulate the stock market, such as shouting and asking everyone to sailing and margin on some stocks with doubtful management when they were selling high, and now lost half their values, and at the back they made huge amount of profit?

Sharing articles in i3investor doesn’t seem to have much fun nowadays. Almost all writers were ridiculed and scorned with. Many of them just forget about sharing anymore. In fact, I though of stop wasting my time any more. Here is another comment just yesterday.

Posted by qqq3 > Nov 20, 2018 08:39 PM | Report Abuse

ckeoky...this forum too many people look down on Tarc, look down on people who says he says he has $ 100 k portfolio....where are there today? the OTB, the KC and the Icons of this world? where are all the Buffalo worshippers?
dead or alive also don't know....

Warren Buffett is the richest investor in the world. He is what he is nowadays because of his skill in value investing, few can get close to. Even very successful fund managers all over the world cite him and treat him as a role model in investing. So, before you scorn him, look at the mirror first.

Yes, where do you stand just having RM100k to invest when compared to Warren Buffett. Nobody despises you for not having much money to invest, but should you despise Warren Buffett by keep on calling him “Buffalo”?

TARC produces some of the best professionals, entrepreneurs and great ordinary citizens in Malaysia and abroad. Who despises TARC? Of course, they surely be some not-so-great, or even black sheep. If one being treated as one, maybe it is good he should have a deep thought on what he has done, look at the mirror and does some reflection.

About on your concern about KC, thank you very much. He, as a true value investor, is alive and kicking.

I know you must be thinking with this lousy stock market, a value investor like KC would have “dieded”, and licking his wound with his value stocks.

To the contrary. KC has written a recent article on his stock pick service during this difficult time, titled, “No Eye See Value Investing” here,

https://klse.i3investor.com/blogs/kcchongnz/179523.jsp

The article mentioned for his stocks picked this year, that, “The portfolio of 5 value stocks return an average of 2.3% this year as shown in Table 1 in the Appendix. It is nothing great at all, but aren’t they better than the loss of 23% of the mid and small cap stocks”

That was a month ago on 24^th October 2018. Today on 21th November 2018, I would like to amend the paragraph to,

“The portfolio of 5 value stocks return an average of +8.0% this year as shown in Table 1 in the Appendix. It is nothing great at all, but aren’t they much better than the loss of 5.7% of the FBMKLSE and the 23.6% loss of the mid and small cap stocks”

There will always be comments like below,

Posted by kcchongnz > Oct 24, 2018 09:07 PM | Report Abuse X

Posted by PotentialGhost > Oct 24, 2018 08:44 PM | Report Abuse
I believe you I cut my bird ,if you dare show your real statement la o0o
Is this a deal?

But I have not got a commitment from him whether it is a deal yet.

That was the return during the bad time. I have shared in i3investors numerous articles on my records of extra-ordinary returns of my portfolios during the good times too when my portfolios return a few times more than the broad index, all of them.

So, don’t worry about us value investor. We are okay even during the bad time. Some of us value investors may have their portfolio value reduced, some may be quite substantially. But value investors are prudent people. They buy good companies at cheap prices. Few of them sailing or margin following rumours and tips. They never get caught in margin calls, and the value of their portfolio will eventually recover, and even makes more money.

What is wrong with value investing which has been proven successful strategy from numerous academic researches and the experience and outcome of many super investors in the world.

Why is it “sinful” to teach some good stuff to help investors to build long-term wealth steadily, safely and surely, and propagate value investing to benefit the public?

KC Chong

Discussions

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arv18

Anyone knows which "value investors" participated in d Jaks Private Placement @ 1.38?

2018-11-22 17:14

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