The question for the debate is "Does fundamental value investing not work? " But, it is not about "FA or FA+TA+Trend+Margin work better?"
I would like to share the wisdom from few FA gurus to the i3investors. And, you should able to provide the answer for the question.
We think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation (which is neither illegal, immoral nor - in our view - financially fattening). - Warren Buffett
All intelligent investing is value investing - acquiring more than you are paying for. You must value the business in order to value the stock. - Charlie Munger
The focus of most investors differs from that of value investors. Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose. - Seth Klarman
To thrive as a value investor you have to risk being called a dummy from time to time. - Christopher H. Browne
fat cat u r funny :) anyway i think both ta n fa works,ta is for 'sprinters' n fa for 'marathoners'. i combine both ta n fa n this yr till now i hv 2 counters achieving over 100% return in less than a month ie teoseng wa n ewein wa recently (can go check my previous posts). if not for ta i would not hv spotted the 2 if not for fa i would not hv held them long enuf. i m talking abt real life application of ta n fa.
just want to say that...its perfectly natural that in any part of discussion to have an 'uneasy' feeling...as its about differing opinions. No one can smile when another has a differing view point which they cant seem to convince as per their opinion. But..its a necessary to approach it ...so that everyone can get at least a 'glimpse' of the truth... and its possible the 'truth' outcome may be something different than both of the original argument points...
so be cool and happy as long as we are rational human beings expressing what we think is right sincerely...with the expectations 'outcome' /results is not in our hands. Just give up on that part.
We have 'nothing2fear'...may be 'a little bugis blood' is good!.. he he he.. and i would encourage debate in a healthy 'easy' manner..
Look at Dr. M..who debates in a smiling friendly manner..with a physical strength of 6 year old
Ks55, LKY was arrogant, Tesla was arrogant, So is Edison, Mahahtir also arrogant, Donald Trump very arrogant and the list goes on and on. But wht has arrogance got to do with FA vs TA
Agree. why top 2 keep quiet? The rest of competitors(Ooi TB, fortunebullz, Icon8888, tj hldg, etc) keep making noise like they are the one leading.
Posted by Sunkist118 > Jun 7, 2015 11:01 AM | Report Abuse Sir OTB is no 3 in the competition lor. Must ask the no 1 and no 2 in the competition. If 1 and 2 also use mostly TA we know answer d.
i see optimuss , tj is good in fifo and i think is the best in fifo in i3 , but as so far i m follow him , i never see him boost himself like many ,in his itchy hse or else where and is quite an honest person , share what he feel without hiding and seldom care about other feeling as long as he thought he is right . that the reason i salute him . thanks and that just my feeling , and pls dont visit itchy itchy if you dont like his style .
usually the issues with debates on any topic is that...
1.) People dont even define the exact point they are arguing in the first place...people assume and simply hantam...
2.) The quality opinions can get drowned by rains of poor quality statements/invalid/candies...to an extent that the outcome of the debates gets nowhere..:(... (after all thats how voting system works...and majority get easily convinced by some 'candies' before voting...and they dont realize they will be suffering from diabetes later..actually some will never realize).
my conclusion is sometimes we have to give up the fact we are arguing...as the way the world works - including neurons in our brain is based on 'voting strength'...quite less dependent on the validity of the argument/logic...but simply by:
- the frequency of assertion , - simplicity of the opinion, - and feelings of assurance they provide by their confidence - plus the prior 'conditioning' of ones own mind....
the latter inputs can easily be provide by con artist..politicians...and religious ulama. Thats why u can see in country like syria fighting to kill another of their own blood lines...simply due to difference in belief...though this may sound completely illogical for some.
Some religion had even suppressed the basic questioning by logic on their beliefs...so the neurons have no chance of thinking out of the box.
atleast i3 is preventing the suppression scenario above - how reliefed i am! :)
Fortunebullz, He is not your bro lah. Stop pretending that he will one day be nice to you. He is a vicious person that don't know how to handle interpersonal relationship
Posted by Icon8888 > Jun 7, 2015 02:22 PM | Report Abuse
Fortunebullz, He is not your bro lah. Stop pretending that he will one day be nice to you. He is a vicious person that don't know how to handle interpersonal relationship
Answer : Icon! Optimus used to praise me but I fook him for making personal attack on you! I am in non quarrel mode for the whole 2015!
Dear all handsome powerful Icon8888, fortunebullz, F22Raptor, Ah Seng, opstimuss1 and ks55
sorry! out topic a bit.....
Can I ask whether we should settle the Majlis Perbandaran Petaling Jaya saman within 14 days? I received the surat macam wanna catch me to court..............
I ask many peoples, now is 50%-50% some say must pay because they already link to JPJ....some say 2 terms MPPJ will change contractor...
Any idea from all handsome men here???
Thanks...... newbie in saman sector(new to KL/Selangor)
think will settle it.... I scared they come n tow my Proton Wira Warna Dark Blue Tahun 12.
Later I will cry no tears..................
thanks for all valuable advise..... appreciate it.
you two reply at the same time 02:37pm... As a professional, I advise both of you buy RM150 BIG and RM150 SMAll kuda or damacai or magnum 0237............. see tonight can kena BIG bo?????
When is the day this game end ?05-06-2015 ?what if u drop out from top 10 end of the year ?don't say won't happen now , let time prove it , only half way now . BTW optimuss please check the date and price talk cock bull pick his counter.
OTB knows how to capitalize on previaling circumstances to select his stocks n in this case the strengthening USD vs MYR for yr 2015 given the high probability of US raising interest rate. This is market wisdom.OTB is not pure TA,he is better than that.
Ya .. OTB is not purely base on TA , he is good and know the market theme since start of 2015 , just me won't think this export oriented esp.in sunset furniture industry can last more than 2 quarter .. Seem he is right till now :) Bb55 ..too heavy punt on 1 counter in the game .. Just can say is wish him good luck if in actual trading /investing do like that .
Hahahahahhaha ... Bro ... Ya ... Bo sui la market now ... So many ma chiat pa bo su cho lo ...Hahahaha Many points here good aeh ... Happy to read it .. Nothing wrong for u to use fa or ta or mix ...as long as u can beat Mr market and lead a good life ma OK Liao lo ... Don't need to condemn ka look down ka ,compare ka on those pakai different method from u aeh ... Paiseh talk here la .. Nanti orang cakap I boost pula .. Hahahahah .. Have a nice day to u and all
Mia chai market Kong will start moving becoz Dr M winning on last Friday. He brave and even got10minutes. If winning mean 1Mdb problem can be contain lor in perception losing, 1Mdb problem may continue to play tong tin game where one creditor debt will pass on to next. They say soon HOR 1Mdb can issue more bond to bet on whether it can reduce the debt ratio ...
ya ka?1MDB wanna issue junk bonds ka?who is gonna subscribe? mkt is not only abt 1MDB,wait for Q2 GDP in early August then u will know the destuctive power of gst..n go check 10 yr US tresury bond yield..n ringgit vs USD rate to name only a few.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Intelligent Investor
384 posts
Posted by Intelligent Investor > 2015-06-07 10:51 | Report Abuse
The question for the debate is "Does fundamental value investing not work? " But, it is not about "FA or FA+TA+Trend+Margin work better?"
I would like to share the wisdom from few FA gurus to the i3investors. And, you should able to provide the answer for the question.
We think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation (which is neither illegal, immoral nor - in our view - financially fattening). - Warren Buffett
All intelligent investing is value investing - acquiring more than you are paying for. You must value the business in order to value the stock. - Charlie Munger
The focus of most investors differs from that of value investors. Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose. - Seth Klarman
To thrive as a value investor you have to risk being called a dummy from time to time. - Christopher H. Browne