*****

Attention Warren Bufett wannabes

qqq3
Publish date: Wed, 04 Apr 2018, 07:51 PM
qqq3
0 148
"people want to invest, they want to be successful.......they need to have big dreams, and grit....and of course, knowledge and mind set."

There are two ways to play the stock market......

- you try to predict things before everyone knows about it , or

- you try to be the first to react........

 

because predicting ,analysing and forecasting is tough, you try to be the first to react......reacting is easy...you see people jump, you jump ......nature has given you that gift.

 

But, if every time you sense danger, you jump. For heaven's sake, don't call yourself a value investor.

 

Be a trader like me....Proud to be a trader.

 

Today a real test for value investors.....Small and mid caps have been dropping for 3 months. In the small and mid cap world, a majority of stocks are already in "value" territory, even before today's drop.

And then comes the broad based drop, KLCI down by 30, Wall Street futures down by 400, China gets serious. Produces a list to counter Trump 's unjustified attacks, and false accusations. Smells of serious Trade war in the air. ..

 

trade war ah...die ah.... 
knife ah.... 
these are not the language of warren bufett...your hero..... 
these are the language of traders like me.....

If you are going to fail the first test of a value investor.....don't call yourself a Warren Bufett chap ever again.

ps...........

a satire of so called value investors jumping out at the first sign of trouble. 

maybe jumping out is the smart thing to do , maybe not, I would not know. 

I think ikan bilis can jump in jump out...... 

Surely, no way substantial shareholders and business owners can do such a thing.

 

ps

so what happened today after 3.00 pm? There is a word for it. Its called program trading.

 

 

 

 

 

 

Discussions
1 person likes this. Showing 29 of 29 comments

qqq3

a satire of so called value investors jumping out at the first sign of trouble.

maybe jumping out is the smart thing to do , maybe not, I would not know.

I think ikan bilis can jump in jump out......


Surely, no way substantial shareholders and business owners can do such a thing.

2018-04-04 20:12

tecpower

It's just a game...

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

2018-04-04 20:40

Flintstones

I wonder where is kc chong. Did he make money or not. But we all know he will always pull out his profit and loss table from year 2013 but omitting the latest 2 years. Lmao

2018-04-04 21:05

tecpower

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.

"It wouldn't be surprising at all if the net outcome of all this is some sort of a negotiation," Ross said in an interview with CNBC. "It's very difficult to put a specific time denomination on negotiations that are as complex as these."
https://money.usnews.com/investing/news/articles/2018-04-04/ross-says-us-china-trade-actions-likely-to-be-negotiated-cnbc

2018-04-04 21:08

enigmatic

Hey, Flintstones why not you learn more about buying stocks & holding for the long term before you criticise kcchong?

2018-04-04 21:50

tecpower

A trade war will not happen. Bet on it. Expect a rally.

2018-04-04 22:02

tecpower

Fed’s Bullard sees no reason to hike interest rates further
https://www.marketwatch.com/story/feds-bullard-sees-no-reason-to-hike-interest-rates-further-2018-04-04

2018-04-04 22:03

cheoky

Other wannabe or not got relevant to author? Guess author sendiri got shock by market... Calm down. Money is a game. Enough to eat n live cheer la. Got chance hit, not chance gather strength n wait. Why try to better than market

2018-04-04 22:10

qqq3

so what happened today after 3.00 pm? There is a word for it. Its called program trading.

2018-04-05 01:29

qqq3

Post removed.Why?

2018-04-05 07:38

PureBULL .

Dear qqq3,

KEY word to these self proclaimed sifu is
DON'T BE TOO OVERLY KOCKY
going around BULLY everybody except that rich dude..

HE the only perfect will do justice..

2018-04-05 07:47

CharlesT

Qqq3 very pandai very smart...he got special skills which earned him tips fm master to buy sendai at 0.70 n sold at rm1...

FA or TA or biz sense also cannot make 100% sure profit like him..

U blow ah?

2018-04-05 07:47

CharlesT

He can afford to become enemies to everybody as long as he can make the oldman happy..

Blow ah?

2018-04-05 07:49

qqq3

Dear qqq3,

KEY word to these self proclaimed sifu is
DON'T BE TOO OVERLY KOCKY
going around BULLY everybody except that rich dude..
================

stock market with ability to reflect, old man 85 still going strong
stock market with no ability to reflect, one raider , HY from 6 to 19 and back to 6 tapao already.

as for the sifu, lets see.

2018-04-05 08:00

aiinvestor

the latest tariffs are just proposals, hahaha

2018-04-05 08:29

qqq3

until put to the test, people do not know their threshold of pain....that being the case, is there merit in being an investor as opposed to being a trader?

2018-04-05 09:02

calvintaneng

Posted by Ricky Yeo > Apr 5, 2018 08:47 AM | Report Abuse

If you manage to read most of KYY articles on HY you will know facts and figures don't tell a shit. Fact and figures doesn't speak, it has to be presented by the person in the way that align with his own interest.

Half a year ago, when HY was roaring, KYY and many others will present you with positive facts i.e high crack spread, low P/E, high growth, earnings growing, and even comparing it to Nestle to emphasis the case.

Half a year later, with HY in a dramatically 'opposite' situation, KYY present you with the facts that earnings this year will not be as good, no growth prospect, low P/E is the past not future etc. So much for the facts that change in 6 months.

Get this. The facts (objective truth) rarely change in the span of 6 months. It is how the person choose to sing the tune. All of these facts are correct, there is no contradiction, future is inherently uncertain, it is just a matter which facts get presented. What has changed is the subjective confidence, not the objective truth. 6 months ago, everyone is hyped up by the share price, hence rosy stories are the way to justify it (human seek certainty). Today, it's the opposite. People sing different tune base on the movement of the share price. Therefore, breaking the rule: When calculating value to challenge the stock price, beware of using price in the calculation (by Stephen Penman). Share price can be a source of influence or a source of information. It has been a source of influence back then as it is right now.

Has the fundamental changed in 6 months? Perhaps, but I would say barely. But the sentiment certainly does, in 180 degrees. This goes back to something I stress about - you can have the all the facts and figures at the back of your hand, but it won't matter if you can't use what's between your ears. Learn how to think well will help you filter out many useless things and focus on what really matters.

UNCLE KYY IS EXPERT

WHEN HE WANTS HENGYUAN (HANG JOHN LU) UP HE WRITES GOOD STUFF. ALL GREEDY SORCHAI CHASED HIGH HIGH!!

AFTER UP AND MADE A KILLING ON HENGYUAN (John Lu hanged) HE THEN WRITES BAD STUFF. ALL GREEDY SORCHAI TRAPPED!!!

SAME APPLIES TO JAYATIASA. WHEN JTIASA WAS RM2.60 - SING ITS PRAISE

AFTER SELLING TO GREEDY SORCHAI & JTIASA CRASHED 60%? NO MORE PRAISE BUT WRITE BAD STUFF ON JTIASA. ALL DIE IN JTIASA KAW KAW

SO LISTEN! LISTEN! LISTEN!!!

UNCLE KYY COMMANDS FEAR & RESPECT LIKE ROBINHOOD OF OLD WHO ROB THE RICH TO HELP THE POOR!) . HE IS OUR HERO ROBBER KOON (ROB ALL GREEDY SORCHAI IN JAKS & SENDAI & HELP POOR POOR STUDENTS!!!)

WELL DONE UNCLE KYY!!!

LONG LIVE UNCLE KYY

SORCHAI DIE!!!

2018-04-05 09:02

aiinvestor

Larry Kudlow: Trump's tariffs on China may not go into effect
https://www.cnbc.com/2018/04/04/larry-kudlow-says-trump-china-tariffs-may-not-take-effect.html

2018-04-05 09:06

qqq3

BURSA MALAYSIA TRADE STATISTICS - 04 APR 2018
Participation





(%) Bought Sold Net (RM m)
Institutions 50.5 1,453.2 1,356.0 97.2
Retail 23.2 642.5 649.6 -7.1
Foreign 26.3 686.3 776.4 -90.1
Total 100.0 2,782.0 2,782.0 0.0


very surprised foreign buying and selling about same yesterday

2018-04-05 09:49

3iii

>>>>>qqq3 Two prominent warren bufett wannabes declared cut loss in the sea of red yesterday are OTB and Probability in Hengyuan forum.

Cannot take the heat anymore.

Very clever . $19 to $ 6, have to choose this time to declare cut loss.

That is why , people can declare themselves Warren Bufett wannabes, but intention and reality are two different things.

Talk East Go West very common.<<<<<


These 2 named persons are not Warren Buffett wannabes.

2018-04-05 10:03

qqq3

then what are they?

2018-04-05 10:10

3iii

They are more akin to traders.

2018-04-05 10:12

Yael Jasper

Hehehe.........

2018-04-05 10:14

qqq3

you mean they are also trading kaki members?

but why give impression like that they are warren bufett wannabes?

2018-04-05 15:17

cheoky

oic. lessons learnt here. people make or lose money is none of your biz. spend that energy on one own pocket is much more rewarding. excessive fundamental analysis/charting are injurious to one financial well being. follow mohnish pabrai teaching is the layman and good path.

2018-04-06 00:21

hstha

Republicans Warn Trump a Trade War Risks Party’s Chances in November
http://www.ttnews.com/articles/republicans-warn-trump-trade-war-risks-partys-chances-november


Wow

2018-04-06 00:24

qqq3

cheoky oic. lessons learnt here. people make or lose money is none of your biz.
====================

people make money or lose money is the primary focus here.....

you want religion, go else where..I recommend meditation...good for stock market too.

and yes.....ikan bilis who pretend they are warren bufett wannabes and think they are PNB with unlimited inflow of cash , is digging a hole for themselves as the two gentlemen above sell Hengyuan at the worse possible time because one never know one's tolerance for pain until it is put to the test.....................

2018-04-06 06:52

Post a Comment