*****
Warren Buffett: “Really Successful People Say No To Almost Everything”
https://medium.com/accelerated-intelligence/warren-buffett-really-successful-people-say-no-to-almost-everything-ab78832ffebc
The focus of the article is FOCUS..
The kind of article I have been looking for.
The kind of practise that Philips promotes here.
Learn to say NO to almost every thing.
And my advice to my 20+ son.......
only good management stocks
...very low turnover of portfolio
....learn to say NO....
and if want to make a real difference, have not more than 5 stocks at a time.
Alternatively, as one of my friends wrote.......
"On WB, as I have said before, one of the biggest flaw in the application in Asia market is that majority of the investors do not have that kind of money in backing. Also there are no moat business in Asia. Worst still the quality of management and business are questionable."
meaning what? meaning I agree with Icon888 in declaring Warren Bufettology dead in Malaysia..........
More articles on *****
Government of the people, for the people by the people............Malaysia, China.
Created by qqq3 | Sep 25, 2019
Companies benefiting from tarifs on China...........................................
Created by qqq3 | Sep 23, 2019
if HK don't reform and love mother land...poverty and extinction awaits them.
Created by qqq3 | Sep 18, 2019
Discussions
1 person likes this. Showing 8 of 8 comments
U need to understand why buffet have reduced value margin of safety value investment practise and why Buffet prefer to hold forever instead of value margin of safety & take advantage of Mr market loh ??
1. Buffets investment too big loh..!!
Not suitable to buy huge undervaluation small cap like insas loh..!!
2.Buffet hold forever
Buffet already very successful and very rich mah...no point work very hard...turn all the rocks....look for big margin of safety stocks...on stock similiar to smallcap insas mah...!!
He just buy quality big cap stock at fair price and hold forever easy job loh...!!
Bcos margin of safety need to take time & monitor...to see whether can take advantage of Mr Market or not mah...!!
Which buffet chose to be little bit lazy to avoid doing loh...!!
Conclusion Buffet know he can do better using margin of safety value investment but bcos he is too big and lazy thus not practical mah..!!
I will advice young fellow, with not much monies always start with margin of safety investment on the value 1st in order to gather the necessary skill loh...!!
Just like raider slowly transform to growth investor , today raider can say value margin investment 65% v growth investment 35% loh.....!!
Don try to be a growth investor at a start, bcos u have not build the foundation loh....!
2019-01-29 11:13
Determine your true goals.
Without setting clear goals, your daily priorities become overwhelmed with urgent tasks that have a short-term payoff that make you feel good.
Having clear values-based goals keep you focused on what matters short-term and long-term.
2019-01-29 13:12
Sam Altman, the president of Y Combinator, the largest accelerator in the world, refers to long-term thinking as “one of the few arbitrage opportunities left in the market.”
Jeff Bezos measures the success of new programs over seven-year time frames.
Think Long Term.
2019-01-29 13:25
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
Apps
Top Articles
1
2
Koon Yew Yin's Blog
3
4
Koon Yew Yin's Blog
6
save malaysia!
7
Good Articles to Share
Boeing Embarrassed as ‘Stuck’ Astronauts to Return with SpaceX
8
Good Articles to Share
Telegram chief Pavel Durov to appear in court after French arrest
#
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....
qqq3
https://medium.com/accelerated-intelligence/warren-buffett-really-successful-people-say-no-to-almost-everything-ab78832ffebc
2019-01-29 11:04