Posted by zaprija > 2014-08-03 14:08 | Report Abuse

KC, thanks for sharing

Posted by Lai Y. Keat > 2014-08-03 16:25 | Report Abuse

Emptied your mind, Be like water, my friend.

Posted by NOBY > 2014-08-03 16:54 | Report Abuse

Yes... you definitely made the right choice here. Lesson I learn here from your super normal returns is that holding good stocks for the long term is much more rewarding and less stressful than constant trading and worrying about macro.

Posted by stockoperator > 2014-08-03 22:00 | Report Abuse

Ha, if you are the person who likes to Worry. Please worry about our economy. You will never run out of Worry from Day One until your last Day.

I am Not saying yours and mine and our worry is Not valid. But lets leave it to Nobel Prize winner and professor as the whole economics has always remained as Academic.

BUT our job as Investor as well as Shareholder is CLEAR that is to make MONEY in good times and Bad times. As lots of Super investors also made Money during bad times and seldom elapse in their records of positive yearly returns, lets emulate their success as well.

So friends, lets focus on our jobs of successful investment year in and year out.

Lets take the above Articles as a bit of Encouragement.

Posted by klsetitan > 2014-08-03 22:29 | Report Abuse

As always, vy well written article with solid practical proof.. Kudos n vy grateful of ur sharing...Tq!!

Posted by kkanagasg > 2014-08-04 08:21 | Report Abuse

(吉隆坡3日讯）消息透露，挪威的Norges银行投资管理旗下Norges基金，已拨出8亿令吉资金，投资在马股内的中小型股。
报道指出，该基金已于一个月前委任瀚亚投资（Eastspring Investments）代投资代理，并且投资在一般中小型股上。早前星加坡UOB Kay Hian证券行的一份中小型股推荐名单中包括了亿维雅 (Hevea), 瑞华(Suiwah)以及得隆(Deleum)。
消息人士说：“Norges基金并没有特别偏爱特定领域，只是选择好的公司，刚好今年内本地中小型股的表现不俗。”
小型油气股亮眼
Norges银行投资管理自2010年，就是我国最大外资投资者之一，也是挪威央行旗下的单位。
今年4月，该基金也通过肯纳格投行投资了17亿令吉，在53家大马上市公司。
去年，由于许多小型油气公司表现亮眼，带动马股表现，该基金在大马所持资产值达23亿令吉的资产，带来了账面盈利达6亿令吉。
Norges基金也被称为是挪威石油基金，截至去年底，市值达2.73兆令吉。

Posted by kkanagasg > 2014-08-04 08:21 | Report Abuse

Wow

Posted by passerby > 2014-08-04 08:27 | Report Abuse

should let it stretch over the intrinsic value by about 30%.

Coz everything surrounding us moves in a simple harmonic motion, the estimated intrinsic value should be the equilibrium line between over valuation and under valuation.

if a price can be displaced under the intrinsic value for certain time, it can be displaced over the intrinsic value for certain time also.

Posted by speakup > 2014-08-04 09:23 | Report Abuse

when stock forum is very hot, it is time to sell
when stock forum is very cold, it is time to buy

Posted by Intelligent Investor > 2014-08-04 11:30 | Report Abuse

Hi Mr. Chong,

I am compiling a check list - "when to buy? " http://intelligentinvestor8.blogspot.com/2014/08/when-should-we-click-buy-button.html

It will be great if you can review and comment

Posted by wies > 2014-08-04 20:11 | Report Abuse

...Erm dear Mr KC chong as you yourself have said "It is easy to say that if I hold just Datasonic with all my money, I would have made 481%! ". Meaning nobody knows and im pretty sure not even Warren or do you mean to ask how to have this foresight?

Im not a pro all i know is so far knowing when to buy is much more important. The quantum of profit though tempting to maximize heck who doesn't however is beyond our control. So long as you quit while you are ahead you are a winner no?

Unless you hve inside information perhaps you can hold on longer and maximize more. "We are all players in this casino unless you are the House"

Posted by kcchongnz > 2014-08-05 05:57 | Report Abuse

wies,

"We are all players in this casino unless you are the House"

Have you missed the message of this post?

And also have you read this post?

http://intelligentinvestor8.blogspot.co.nz/2014/08/when-should-we-click-buy-button.html

Posted by Jeffvinay > 2014-08-05 12:20 | Report Abuse

tks for sharing

Posted by qychong > 2014-08-21 14:22 | Report Abuse

Hi kcchongnz, thanks a million for all your sharings. I am just wondering if say a share previously bought at a huge discount (years ago) had recently reached or began fluctuating around (and possible above) its intrinsic value.

What would you do, if the company is still profitable with no significant change to the daily business and management?

Posted by kcchongnz > 2014-08-21 16:20 | Report Abuse

Posted by qychong > Aug 21, 2014 02:22 PM | Report Abuse

Hi kcchongnz, thanks a million for all your sharings. I am just wondering if say a share previously bought at a huge discount (years ago) had recently reached or began fluctuating around (and possible above) its intrinsic value.

What would you do, if the company is still profitable with no significant change to the daily business and management?


Isn't my thought in the article?