Koon Yew Yin's Blog
I did it my way - Koon Yew Yin
Koon Yew Yin
Publish date: Sun, 09 Feb 2014, 08:09 AM
Koon Yew Yin
0 1,416
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
I did it my way
Koon Yew Yin
My main aim in writing this piece is help you understand the difficulty of becoming a super investor. In my previous article ‘Why some of us cannot become super investors’, I have pointed out the 7 traits which you must overcome. Even if you can master all of them, the road to success has many obstacles and the biggest one is fear. Even if you have the knowledge, do you dare to commit so much money? Do you dare to buy with margin loan?
Even if you have the guts to put so much money at risk, there will still be so many people disagree with you and some will try their best to discourage you. They themselves do not have a good track record, want you to follow their advice. Beware of such people especially those stupid idiots who ridiculed me with abusive language.
From the few hundreds of commentaries of my articles, I notice that most of them do not agree with my selection of Jaya Tiasa, yet I dare to buy more than 40 million shares. Am I a fool? Where can I hide my face if Jaya Tiasa could not perform?
The fact that there are so many people disagree with me, is quite reassuring of my own judgment. I recall that in 1984 when the Hong Kong market crashed, all my friends said that I was mad to buy HK shares when the Communists would take over HK. I ignored their opinion and I made so much money that I eventually bought 46% of a stock broking company in Hong Kong.
I think most people are confused and cannot think clearly. As a result they cannot select good shares that can perform. They even doubt my sincerity. My intention is noble and altruistic.
Statistics shows that most fund managers cannot beat the market index because they cannot buy shares that are currently not showing good profit even they have tremendous profit growth prospect, like Jaya Tiasa. Sad to say that most investors also consider P/E ratio is the most important share selection criterion. As a result they miss buying really good shares with poor current profit but they have good future.
Most investors and professionals concentrate too much on fundamental and technical analysis and they do not think like a businessman.
What is the difference between fundamental and technical analysis?
These terms refer to two different stock-picking methodologies used for researching and forecasting the future growth trends of stocks. Like any investment strategy or philosophy, both have their advocates and adversaries. Here are the defining principles of each of these methods of stock analysis:
Fundamental analysis is a method of evaluating securities by attempting to measure the intrinsic value of a stock. Fundamental analysts study everything from the overall economy and industry conditions to the financial condition and management of companies.
Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a security's intrinsic value but instead use stock charts to identify patterns and trends that may suggest what a stock will do in the future.
In the world of stock analysis, fundamental and technical analysis are on completely opposite sides of the spectrum. Earnings, expenses, assets and liabilities are all important characteristics to fundamental analysts, whereas technical analysts could not care less about these numbers. Which strategy works best is always debatable.
What is the "random walk theory" and what does it mean for investors?
The random walk theory is the occurrence of an event determined by a series of random movements - in other words, events that cannot be predicted.
Applying the random walk theory to finance and stocks suggests that stock prices change randomly, making it impossible to predict stock prices. The random walk theory corresponds to the belief that markets are efficient, and that it is not possible to beat or predict the market because stock prices reflect all available information and the occurrence of new information is seemingly random as well.
The random walk theory is in direct opposition to technical analysis, which contends that a stock's future price can be forecasted based on historical information through observing chart patterns and technical indicators.
Conclusion: Now you are more confused than before but you can understand why most investors cannot beat the market index. I think the best way is to select shares like a businessman. He can always see the profit potential of a good business. He has the power to SMELL PROFIT.
I am obliged to tell you that JT is my major holdings and I am not asking you to buy. But if you buy, I am not responsible for your loss or profit.
For your information, JT has performed better than the KLCI since the start of 2014.
About 15 people wanted to meet me. I have fixed it on 16th Feb 2014 Saturday 11 am at the Club House, Meru Golf Resort, Jelapang, Ipoh.
All those who are interested are welcome. If you write to me koonyewyin@gmail.com, I will arrange a good lunch for you free of charge.
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Discussions
15 people like this. Showing 50 of 61 comments
Mr koon Is so shrewd, arrange meeting right after cny, no nid pay angpow.... ok we cancel our trip.
2014-02-09 18:35
I think optimus8 is as stupid as optimus7. I think both are the same person. optimus7 is not allowed to comment any more because he used abusive language and readers know how stupid he is. optimus8 you are not welcome to meet me.You cannot put in any more knowledge because your head is full of shit.
2014-02-09 18:53
Mr Koon, why don't you ignore these ppl Since they are the same person anyway. U of all ppl should know that one of your reason for success is Focus on the end results.
2014-02-09 18:57
Well there are clowns in these blogs.. they may argue but
Which they shld argue based upon facts ..
Perhaps they watch too much transformer ..
Maybe they also have no idea which stocks to buy ..
But having said that some of the top remisiers often also talk like that
So they won't leak out news of their pending trade or what actions they will take
This is call diversion
I do sometimes met with some of the country top remisiers
Very seldom they talk about stocks
It's a trade secret to them
If they tell u anything - it will be because they want to sell
Something which they think worth buying or have news they wont say it
They will though sometimes talk about who they slept with and what they can buy with all that money they have hahaha
2014-02-09 19:12
premis 1: mahathir is fan of sinatra
premis 2: koon is fan of mahathir
conclusion: koon is fan of sinatra
---
this is what u call mathematical reasoning/ logik dan mantik
2014-02-09 22:49
kikikii ... relax all , hav a break hav a kit kat and enjoy the song .
http://www.youtube.com/watch?v=6E2hYDIFDIU
2014-02-09 22:52
ayam???
ayam...like!!!
like to eat ayam :)
actually stolen one is better :)
2014-02-09 22:55
Musang, musang....I like you and you love your mother....that does not mean I love ur mother too...does it?
2014-02-09 22:58
optimus8 is a really cheapskate, wanting to gain share tips and expecting to receive ang pow as well
2014-02-09 22:59
https://www.youtube.com/watch?v=4fndeDfaWCg&feature=kp relax... kikiki
2014-02-09 23:18
yes grambo...logic or mathematical will yield and answer that is logic but not necessarily true
because for the conclusion to be true:
1. all the premises must be true (and not only and assumption)
2. there might be other important premis that should be included yet being missed
2014-02-09 23:18
advisable never "put all eggs in one basket"....greedy??>> have a spread but not too many,
2014-02-10 07:59
Obviously optimus 1 is the same idiot as optimus 7 and 8 because all the comments of these two were removed. If he does not have his head full of shit he could have use another pseudonym like STUPID 1.
I also have a few more large holdings but I consider JT is the best with the brightest future. My worst investment in my life is Xingquan. The reason it has gone up 7 sens within 10 minutes of trading is that the company is most likely will give out free warrants. I hope I can recover my losses.
2014-02-10 09:23
ha ha amazing.. heavy weight mr Koon (80 yo, founder of IJM, potentially a billionaire...) sparring with phantom called optimus12345678... to keep his mind active I guess. Good morning to you Mr Koon !!!
2014-02-10 10:01
Good Morning,
Mr Koon, thanks for yr invitation. Looking forward to meeting you this Saturday. Happy CNY.
2014-02-10 10:05
Here is the IQ ranking in animal kingdom in ascending order.
1. optimus
2. rat
3. pig
2014-02-10 10:11
Mr Koon, What happen if JT go private after pushing down the share when FFP in full bloom like Samling group Lingui ?
2014-02-10 11:36
Mr Koon, the rise of xingquan is most probably due to the published article on sin chew daily last Saturday or Sunday, as Frontken, keladi, which also in the article also rise up.
2014-02-10 13:19
It is pessimistic about the market for the year, some reference source as below:-
1)
http://www.tongkooiong.com/2014/02/anxious-period-of-uncertainties.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tongkooiong+%28Tong+Kooi+Ong+Blog%29
2)
http://malaysiafinance.blogspot.com/2014/02/the-nuances-of-malaysian-market.html
3)
http://samcheekong.blogspot.com/2014/02/an-anatomy-of-international-capital.html
2014-02-10 13:41
so many kurang ajar ppl. Today i learn fr a srwk planter that a new fertilizer
2014-02-10 15:18
why was optimusx postings removed? would be nice to let readers see them...and judge themselves who is right/wrong...
this can help clear view of those who still doubt KYY for who he is...
2014-02-10 15:26
Dear Mr Koon, pls ignore optimus's post. If you ignore him he will stop posting. His intention is to make you get angry. As long as you ignore him he will stop posting.
2014-02-10 20:45
I think admin probably completely ban optimus1,2,3,4,5,6, etc.
Maybe very soon he will surface as bumblebee1, 2, 3. Ka ka ka
2014-02-10 21:03
Dear leefongyong. Maybe we should bribe the sin chew daily's journalist so that he will inform us before his articles are published. Wakaka!
2014-02-11 07:00
" RHB: IOI, Jaya Tiasa Beneficiaries of Indonesia Biofuel Policy " published in The Edge dated 10 Feb'14.
www.theedgemalaysia.com/business-news/274460-rhb--ioi-jaya-tiasa-beneficiaries-of-indonesian-biofuel-policy.html
2014-02-11 10:14
Since there are so many people who wish to attend my talk, I have to change to a larger hall at Ipoh St. John Ambulance which is opposite Ipoh YMCA. The time 11am and date 16th Feb Sunday remain unchanged.
2014-02-12 16:20
Seminar at 11am on 16th Feb Sunday at Ipoh St John Ambulance hall. I have rearranged the seating, now I can offer another additional 40 seats, totalling 220 seats. Those who are interested can write to me, especially those whom I have turned down. koonyewyin@gmail.com.
2014-02-15 12:12
Hi Mr. Koon, I admire your philosophies in investing and most of all, being a contrarian than the rest. I believe speculating is a dangerous game as we have no idea who are the big guys behind to push up or down prices and as small retailers, we're at the mercy of these people.
All I want to say is, my view for fundamental analysis remains intact. No doubt, I must admit I do some trading using small funds, in which I'm trying hard to stop. However, contrarian investing is another difficult skill to learn and it requires sharp foresight as well as being patience and not easily influenced by macro factors and voices of people.
To sum it up, I'm a small retail investor here trying to polish my skills in investing. Would love to attend the seminar but due to a clash with another occasion, I was unable to attend. Hopefully, we can meet up one day and I would be grateful to hear more of your interesting stories that you can share to the younger generations.
2014-02-15 12:34
Jtiasa now $ 1.3
That is the trouble with plantation shares. There are all hostage to CPO price that no one can control...not even Malaysian Warren Bufett.
Since I buy in at $1.3 , it is at 50% discount to KYY.
2016-01-04 01:18
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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....
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Thank you, Mr. Koon.
2014-02-09 17:54