Winwinyarazhi, you got it right. A business man will always try to use OPM (other peoples' money) to make money.

Any improvements to normal p/e is most welcome.

Chan not Tan, haha.

Anyone here interested in pooling RM50 million to help poor and under privilaged students?

Or right?

I'm just wondering, should our investment landscape change if we were to include sovereign debt crisis in the mix? Any suggestions?

Don't forget to thank CM Lim ( on behalf of Penang Govt.) for donating valuable land fronting USM. He could very well have provided land miles away.

Any good reason why SAM must split?

KCCHONGNZ, thanks for the timely reminder. For those who cannot handle margin financing, you are `easy meat to the sharks out there'.

Ringgit is not the safe haven.

Good work.

Good write-up. Some forcasters have warned of a looming global sovereign debt crisis. Can you comment on what preparations we should take to protect our personal wealth?

Spaghetti, I think your sifu made a mistake on SAM. Your brother also ask you to sell?

Leno, I also click like. You are honest, best of luck in your marathon training and try not to get injured.

Leno are you mentally okay? Share market in biggest storm since 2008 and your whole attention only on marathon. Are you in denial?

Spaghetti, what your sifu say?

Spaghetti, where are you? We miss your comments.

I was advised not to touch commodity shares. The global export growth is falling, as such the demand for commodities will also fall. Manufacturing companies will also be affected.

I for one, if I `know' that the market will fall by 50%, will be very worried indeed, irrespective of my age. If I cannot financially afford a hit, my pain may be more than that of WB's. One way to avoid the 50% haircut is to sell all and wait at the sidelines. Another, is to reinvest in some other vehicle that generates positive income. As they say, time is money. Worst come to the worst, to keep my money intact until the storm blows over. Any ideas?

Good write-up. Speaking of WB and Munger, I don't think they want to see Hathaway being caught with another 50% drop as they may not be around this time to see its recovery. That goes for all very senior investors in Bursa Malaysia too. What is your advice in these circumstances?

I think share market has to collapse first before property does.

Ks55, Zerocool, if real estate were to peak, will it have any effect on reit?

Calvin, you suggested landed property as a hedge in bad times. But I still think that you are still confronted with the dilemma when is the right TIME to make the switch. Provided of course, if you have the MONEY to do so.

Ks55, you have covered some of the major problems affecting the world. Currently, holding cash may be a better decision than shares. Price movement of shares is dependent on the herd's hysteria,(I'm one of them) and it moves to extremes, up or down. The trend now is down, how low no one knows, before there is any recovery. Also, no one knows when actual recovery will take place. The essence now is on TIME AND YOUR MONEY.

Calvin, the US Dollar is still the reserve currency in the world. That is the main attraction. Which currency will you prefer to hold when faced with a worldwide financial crisis?

KYY & Ks55, one sifu said that this current bear is not the ordinary bear of yester years. This bear is appearing for the first time and he himself is not sure how he is going to handle it. His advice: Everyone will be hurt in some way or another, so try to protect your wealth as much as you can.

Some people just like to expose their lack in decorum. How sad.

I fear for SAM as investment, it has become hit and run.

I repeat, you all sucks.

Ha ha, you all sucks.

Can someone translate what Joel just said? Thanks.

Dangerous counter, you can lose your pants if you are not careful. Profitable trading if you are are in sync with `them'.

Anyway, I itchy, itchy just bought at 4.99.

Yapie, don't be like that. Maybe he strictly follow his sifu's orders to sell and not tell anyone to sell, even his family, friends, etc, etc. But now he is kind enough to warn us (without telling his sifu?) that market will drop to end of August, support at 1500, whichever is earlier. We also follow or not?

It is a good, solid counter. Accumulation is still on-going.

Spaghetti, you are one hell of a guy! You have been promoting and supporting SAM until last Friday, then you suddenly proudly reveal that you have sold all. Your 30 lots must really mean alot to you.

Good advice for newbies and seasoned investors alike.

Rock,rock,rock.

Very good article. I enjoyed reading it.

Interesting reading material. Please expend more. You are doing great.

Pulp factory test run okay?

Value is a confidence game. Value of certain assets go up because we are confident that they will go up. Similarly, they will go down when we start to lose confidence in them. In a severe financial crisis, our perception of the value of our assets changes drastically and if we all feel the same way, it is going to create a waterfall effect on their prices. The big question is, is there such a `safe haven' where your wealth remains intact in the ensuing scenario?

An analyst was asked whether the impending crash can be avoided. He said `no'. His advice, `try to preserve your capital'. In the Malaysian context, how do we do it?

Good night. Hope you'll share your secret on your preservation of capital in time of crisis.

Calvin, how would you position yourself before the the storm hits. Unlike Keynes, you have the foresight to take cover. How would you protect your assets?

Desmond, do you mind sharing what eggs you have in your basket? Are your eggs easily moveable?

I hope that your next article will give us concrete solutions on how Malaysians can weather the impending financial storm. In other word, where should our wealth be when the storm hits our shore.

Damayanyhi, say you are joking.

I support you!

Tough choice if you're still in. Company will try to prevent price from falling with buy back of shares.