Respect is earned indeed! The real super investors and philanthropists are unassuming and keep a low profile, without trying to tell the whole world what they achieved or did, for they didn't have to. And xuewen, you are right, once a while, we may land ourselves with multibaggers, but not necessarily good investments, like the good old second board bull run days in 1995-1996. I have plenty of 1000% counters, even one that went up 50x, before I lost them all when they crashed.:-)

hahahaha....if you can believe this, then you'll believe anything....

MoneyFace88, you are right, no point debating and arguing here. I3 is for sharing investment ideas; as far as substance and coaching newbies on the possible pitfalls and on value investing is concerned, definitely KCChong wins hands down. There is no doubt about it. Making a lot of money from other factors, instinct, guesswork, margin financing etc ............. well.... there are lucky ones who were born at the right time, right place etc...but that doesn't mean that this feat can be repeated and duplicated. Thousands of people who did that lost their pants, and hence could not be as charitable as they would have wished to. Period.

And I have to disagree with you on the share price as the indicator of more substance...sometimes it takes the market a very long time to realize the full value of a stock and vice versa. There was a time that even unconvertible loan stocks sold at way above its par value.....price dictated by irrational exuberance; or Hwa Tai selling at perhaps 100X its worth by any measure.

Carrie, please take note that it just had a stock split and bonus recently. The PE is not that low, but still low at about 8x.

I am a silent reader, but I just want to say that while I am not an idol of kcchong, his writings certainly make good sensible reading material. I used to attend ICap's AGM and looked forward to TTB's sharing, but no longer so, after seeing his arrogance (to the extent of self-promoting with him portrayed as 'Superman' in an animated/cartoon video shown at one of his post AGM-sharing) and his then focus on constantly bashing an ex-Premier rather than on investment. Like many others, I only see increasing fees every year and dismal performance that is gradually but consistently eroding whatever super gains that he made in the first few years. The irony is that while the annual fee increases with the growing asset base, the performance goes south. And while TTB still maintains that his performance beats the KLCI by a wide margin, the average compounded growth in NAV has dropped from 45% in 2007 to 14% in 2014. No doubt, 14% is still good by any standard, but it is no longer a superb performance, and it is only so because it is boosted by the performance in 2005-2007. Post 2007, the actual growth in NAV over the past 7 years is actually just about 5-6 % pa.