Posted by bbc123 > 2014-09-13 17:25 | Report Abuse
Makes sense. For investment, just pick the right horse! Then go about yr regular biz. Take a peep once a while. Bo Chap is best policy...just have confidence it will up !
Posted by tptan45 > 2014-09-14 08:45 | Report Abuse
Very good advice, but there is another question -- which.
With hindsight it is easy to see that Coca Cola is a good company, but how many good companies were there in 1919 which has gone busted?
Posted by ngyl > 2014-09-14 08:50 | Report Abuse
yes,,same if buy maybank when listing til now,,1lot worth 15million,,buy genting when listing til now,,1lot worth more 5million..my wife buy ihh at 2.90,,then she never look at it,,now 5..i always shot here&there,,try be hero,,til now dont know how much i loss,,,haha
Posted by tptan45 > 2014-09-14 09:16 | Report Abuse
Right. If bought one lot of MAS during listing, now worth..?. remember, MAS was a monopoly at that time. Economic moat at that time was unmatched.
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Posted by calvintaneng > 2014-09-13 17:12 | Report Abuse
Excellent & Refreshing Statement By The KING OF STOCKS
"IF YOU'RE RIGHT ABOUT WHAT, YOU DON'T HAVE TO WORRY ABOUT WHEN"
In Other Words, "Be concerned that you have chosen the Right Business to Invest In. It doesn't matter when its Stock price will rise."
Another similar phrase by Warren is, "If the Business does well, the Stock eventually follows."