Why the majority is always wrong | Paul Rulkens | TEDxMaastricht

https://www.youtube.com/watch?v=VNGFep6rncY


how to achieve extraordinary results if u are part of the majority ( as in KCChong ) and not the 3%?


anyone who wish to achieve extraordinary results has to act like the 3%.........not the 97%

Why the majority is always wrong | Paul Rulkens | TEDxMaastricht

https://www.youtube.com/watch?v=VNGFep6rncY


how to achieve extraordinary results if u are part of the majority ( as in KCChong ) and not the 3%?


anyone who wish to achieve extraordinary results has to act like the 3%.........not the 97%

Star..........maybe u are right but not right for me......I am the impatient sort, I have no idea when it will start moving and outside my control......

But Star.....could be suitable for u........


as for PN.....even Mahathhir has given up, I believe.........it is Malay unity government for now and perhaps next 60 years...........

Why the majority is always wrong

the only issue is how to benefit from this insight.............

eg......currently all financial markets is bullish., so how?


simple...the trend is your friend noting also that the majority is always wrong..........



financial markets bullish
realists bearish...............

Why the majority is always wrong

the only issue is how to benefit from this insight.............

eg......currently all financial markets is bullish., so how?

Why the majority is always wrong

the only issue is how to benefit from this insight.............

stock market

first learn the basic
next unlearn every thing...........

Why the majority is always wrong | Paul Rulkens | TEDxMaastricht

https://www.youtube.com/watch?v=VNGFep6rncY


how to achieve extraordinary results if u are part of the majority ( as in KCChong ) and not the 3%?

y stockraider > Apr 19, 2020 4:32 PM | Report Abuse

U R NOT FOOL BY THE AUDITORS MAH....!!
===========

red chips...those red chips were caught cheating in Wall Street way back in 2011 already...........

and even if auditors confirm the assets.........those assets are in China and out of your reach..............lol...........

likely virus spreading in US for months and call it flu............

Masks were widely used in China, HK, Korea, Taiwan, Singapore in Jan, Feb, March.... While the virus spreading in the West..... Now, it appears, up to 10 % of population in Europe/US already infected with up to 90% of infected people showing no symptoms..... Standford and other reports...

cases and attributed deaths is a function of testing..........

with D Trump at the WH, there is no other outcome..........

85 years old, like Mahathir 95 years old........nothing will change as long as got last breathe.

but the era of KYY/ Mahathir is over..........


and now the era of..............?

Sslee > Apr 19, 2020 2:11 PM | Report Abuse

Haha qqq3
Don't worry whether he only leave with 10 million, 1 million or 100K your master will be back sooner than you can say hello.
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85 years old, like Mahathir 95 years old........nothing will change as long as got last breathe.

y Latuk Seri Rick Walker > Apr 19, 2020 1:44 PM | Report Abuse

SsLee! I don't think we will hear from Mr Koon for a long time! Dayang game him good and proper! Going to miss his bragging!
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$ 100 million to $ 10 million , nothing need to change, nothing has changed.

$ 1 million to $ 100,000 , whole life can be upside down..............

Sslee > Apr 19, 2020 1:38 PM | Report Abuse

Haha,
During one of his personal talk I attended, Koon say he dare to use margin finance to the full because he buy only uptrend shares and if he get margin call it is still a blessing in disguise that bank is doing him a favor of forcing him to take profit. So can he lose 90%?
====

the short answer is yes he can.............the drop was fierce and unrelenting..........but since mid March , margin calls suspended...........

The trouble with finance professors is called over thinking......that is the opposite from being simplistic.

I know of people who over thinks stuffs and so , out of fear of being wrong.......they choose to put all their money in Insas and Xingguan.........and the rest is history...........

KYY world views has always been over simplistic........so has Forest Gump.........

That is what makes Forest Gump such a popular and memorable movie...funny and lovely at the same time.


sometimes, many times, success in stock market , u need to be a bit more simplistic than the average guy. For otherwise, all the finance professors billionaires already.


The trouble with finance professors is called over thinking......that is the opposite from being simplistic.

Latuk Seri Rick Walker > Apr 19, 2020 1:09 PM | Report Abuse

I think Mr Koon is very funny! He pump stocks and then dump them to obviously naive buyers! Over and over again! So hilarious!
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the world is full of hilarious moments..............just need the correct attitude.

wow.........Kc Ching ( as expected) dives into the fun..............

latuk......its all about attitude.....KYY too can be funny and lovable at times just like Forrest Gump.

like financial market bullish, realists bearish..........

which is the real thing?

like using 2 D to paint a picture of real world....never the same and some times, weird results.......they call illusions.

sslee........its anectode..anecdotal....comparisons are never the real thing but does serve a purpose......

by i3lurker > Apr 19, 2020 12:38 PM | Report Abuse

Forest Gump became a multi-billionaire.
He did not lose 90% of his wealth.

please dun insult Forest Gump.
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maybe they have not done part 2 of movie..............coming ........

kyy is more Forrest Gump than Bernie Madoff

but opinions can change

financial markets works on opinions.... if people think it works.... it works

probability........1% fatality rate, 80% mild cases....any placebo also can be called a Cure...just have to have right attitude.

there is no known drug for any disease giving better results..........

imagine a cancer drug giving u 1 % fatality rate, 80% mild cases, u will take it.

just pretend all covid deaths are flu deaths.............problem solved.............

new brave strategy..........no testing, no cases..........

North Korea got good strategy........they shoot on the spot.........

interesting times indeed...............


up down up down .............lots of money to be made..............

raining no cops..............good idea

when can I cycle?

latuk...Singapore also mess, Malaysia no mess meh?

cases reported is a function of testing..............same here. no testing means no cases.......

the realist...............


the traders disagree................so how?

not that one should not watch out.... but if the basis is not there, if lacks confidence.... no point trading or investing

I tell u what...... it is very very difficult to trade and make money if one is always looking over the shoulders.

me? I have no such inclination ...I am not an expert in operating such stuffs..............but logically , I have more confidence in Family Mart than Seven Eleven ( Vincent Tan ) and Subway.

3lurker > Apr 18, 2020 1:27 PM | Report Abuse

it was extremely FUN !!!
=======

go and laugh if u think u are expert and they amateurs......

me? I have no such inclination ...I am not an expert in operating such stuffs.

want to talk about stock picking, value investing then should follow Philips approach lah....3 years horizon for company to perform as expected/ deliver, to participate in the growth in its growing years, ...........


want to talk about trading, then trade lah.....what value investing? what buy under value, sell over valued.........? that is Kc Chong approach which I find no merits.


stock market vs realists.........


another point.

besides stock picking, stock market is also about bulls and bears, timing..........currently, financial markets are very bullish, realists are bearish.............how to handle?


buy when under valued? sell when over valued? and test of over/ under valuation is PE? what rubbish.....!

d by i3lurker > Apr 18, 2020 1:06 PM | Report Abuse

qqq3

you see success and label it "mature way"?
============

I see success and I label it mature way? maybe.....but I am interested in the process besides the results.........even if ql one day need to be sold, it does not change my opinion about the process...........

Posted by i3lurker > Apr 18, 2020 11:38 AM | Report Abuse

qqq3
evolution survives because of diversity
Philip has a 100% totally wrong attitude coz he expects only ONE WAY

multiple paths multiple ways with diversity is the ONLY solution.
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u can have your paths but there are mature ways and immature ways.....

ss

X factor, u can make fun of me, but X factor is there, whether u like it or not.

and I see u are still making fun of Philips......wrong attitude.
This Philips guy has a very matured approach to stock market.

and Insas AGM? no thanks, Insas will be Insas next 10 years..........

but SCIB will be billion $ company in 2-3 years...........

ss


scared of losing money.... so invest in Xi.ngguan and Insas and lost a lot of money....... classic

there are lessons there for others ( novices).

first case scared scared lost money. second case simply wag make money... how?

people way Scib, Kpower and minetech, all speculative counters and make a lot of money.... then how?

scared of losing money.... so invest in Xi.ngguan and Insas and lost a lot of money....... classic