Posted by paperplane > Jan 1, 2019 03:03 PM | Report Abuse
Sop drop so much, i also surprise. Maybe plantation sector. Really bad
ME : SOP is nothing without Former Taib CM. SOP almost semua mau in a low population state in Sarawak. Sop should go out and lead Sarawak to win a bigger and better playground.
the language of choi is discounted... the language of long numbers is premium I not scared if....
I am on the side of Mr Long
the so called discounted can be caught by a lot of nasty surprises......by being highly selective by knowing the company more....Mr Long will not be subject to so many nasty surprises....
haha trading around the market forces of mr koon and mr ooi is probably smart.
If you know you're gambling and not investing.
Maybe i should, but i still cannot finish studying investing, and am a long way away from reading all the annual reports in SGX, HKEX, Shanghai, Shenzen, Nikkei, KOSPI, Vietnam.
Or basically every exchange in the world.
I think that will keep me busy till im forty at least.
If i try to do like OTB, ill probably have all the loss and little of the gains.
Why become a poor version of OTB, when i can be a rich version of choivo capital. Hahahaha
He is a trader, i'm an investor, too different d.
I tried his style, but i just cant stand buying rubbish. Tbf, this year, his competition picks, not that many give me heart attack, because prices are so low now. And we did agree on a few companies, although for very different reasons.
But his miss universe list at late 2017, give me heart attack.
a lot investment books seemingly have evolved from U.S...
why have we not seen these from U.K, Germany, France?
it would have been nice if two unconnected person from different countries...derive the same thesis independently...
like say when Newton discovered apple fell because of gravity...another man china discovered the same independently..
but that not the case isn't it?
i think what happened in U.S stock market..is simply because the competitive advantage U.S had over the rest of the world for all its business to thrive...
any theory produced there is not universally applicable
there could have many WB in India, China and Africa...all did not even manage to print a book...or form a thesis..
Posted by Alex™ > Jan 4, 2019 12:04 PM | Report Abuse
hindsight ma, easy to comment how he hoot certain stock and huat.
Those underperformed stock hide somewhere lo.
Survivorship bias also. Only those who survive got the chance to give the lecture. Those who died using the same method hooting other stocks aren't here anymore to give comments.
Its proven to work anywhere, through many research. KLSE and SGX? well you have yeoman bearing the flag proudly. Pangolin Investments etc
Japan? The market with 30 year stagflation, value investing still works there. Haruhiro Nakano, founder and president of Saison Asset Management Co
HK? ValueAsia, David Webb, 20% per annum using value investing in HK small caps.
France? Jean Marie Evillard. Fantastic record.
India? Monish Pabrai, Vishal Navishak etc etc
If i fair to get better than index returns over the next 10 years, the fault lies in my incompetence, not the failure of the philosophy.
==== Posted by probability > Jan 4, 2019 05:17 PM | Report Abuse
a lot investment books seemingly have evolved from U.S...
why have we not seen these from U.K, Germany, France?
it would have been nice if two unconnected person from different countries...derive the same thesis independently...
like say when Newton discovered apple fell because of gravity...another man china discovered the same independently..
but that not the case isn't it?
i think what happened in U.S stock market..is simply because the competitive advantage U.S had over the rest of the world for all its business to thrive...
any theory produced there is not universally applicable
But if yr ultimate goal here is to look for waterfish to do fund management service (like CPTeh who is tyring to do tuition biz since 2013) then i will save my time to bird u
75% of my portfolio is in companies with market caps of 2bil or less. Currently, the largest of that 25% is airasia and timecom. The rest are very small.
I dont fear paper loss or volatility . I fear permanent loss of capital.
Lets say UZMA, from OTB , this one i cannot agree at all. The moment i buy, even if it goes or up, or does not move. In my head, i've already made a loss d, i just haven't paid for it yet.
Because i do not think its worth that at all. If i make money, i consider it to be because i was saved by a greater fool than me.
And when it drops even 1 sen, i damn scared, because i know its not worth that to me at all, even if some fool might consider it so. However, i am not in the business of relying on fools.
On the other hand, the stocks in this portfolio, when i buy, i'm very relaxed, because i know the profit is made the moment the bargain is purchased.
Lets say, My initial cost for petronm is RM7.8
When it drop, i feel so happy, just average down non stop. Give me even more paper loss!!
KSL i bought a small position at RM1, drop to RM0.7. Just top up, no fear at all. Ill be perfectly relaxed if it fell to RM0.5
For a short time in 2017, i heard rumours that OTB was buying AYS, i thought it was rubbish, but i was greedy, i bought abit. The more it go up, the more my heart jump, because i have no idea how to balance my greed and fear, i know its rubbish i hold.
When it drop 1 sen, i almost die. Whole day cannot look away from the screen.
I sold it in 2 days, and moved away. Its not for me.
I made a small amount of money on JAKS with the koon bee system, but i doubt i can ever make much, as i dont dare to put alot, since im gambling.
My investments on the other hand, when im confident, will be alot more than 5% of my entire netowrth, much less portfolio ;)
================ Posted by Icon8888 > Jan 4, 2019 05:24 PM | Report Abuse
Like a doctor, I think I finally figure out Jon's style
It is called "fear of paper loss syndrome "
All stocks he picks must be so safe until very little chance of paper loss
Most of us are different. We tolerate our portfolio goes on a wild swing as long as it doesn't kill us, and hopefully pot of Golf at end of rainbow
Posted by Icon8888 > Jan 4, 2019 05:25 PM | Report Abuse
To cut it short, whatever jon call himself, it is Blue chip investing
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Posted by VenFx > 2019-01-01 10:07 | Report Abuse
Sop the only pick for plantation play ?