No wonder he stopped writing on his blog few years ago .... Anyway, we must respect his privacy ! stop tracing his holding ! learn from his investment style and analyse the stocks by ourselves
If he wants to hide his holdings, all he needs to do is open several brokerage accounts. Annual reports only show the top 30 shareholdings (note, shareholdings, not shareholders). If you split yourself to 3 accounts, it means 3 shareholdings. This can significantly reduced the number of holdings showing up in the top 30 if it cannot totally eliminate it.
We live in the internet world today. All these social networking things like Facebook, YouTube will exposed your privacy. We have to be more proactive to protect ourselves instead of blaming other people. The tracking technology is not provided by the blogger but iTrade of CIMB bank. What the blogger did is to make the information available to other people who don't have iTrade.
If Mr Fong is uncomfortable that other people know he is rich, why he intentionally publish this article in the newspaper? This article will be read by even more people (including bad guys) than those who read the online blog (mostly investors). Many people will also share this article online such as i3investor! What does this article says in one sentence?
PLEASE DON'T TELL PEOPLE I AM RICH!
If you don't want people to know you are rich, keep quiet mar, why publish an entire article in the newspaper? Now everyone who is curious can Google around. The blogger's posts have been recycled in so many places online, everyone can find it easily. The effect is exactly the opposite, now instead of 1,000 people know he is rich, after this article, 1,000,000 people will know he is rich.
And at least now I know he is rich, AND you know he is rich. You may tell your father this story and then your father know he is rich. Then your father will tell his wife, who is your mother that he is rich. And your mother will tell the fish seller in the market that he is rich. And everyone has a father and a mother and many mothers go to the market to buy fish...
Agreed with Commingsoon that everybody knows he is rich and more famous. He doesn't know that would cause a 'bad' consequences after publishing the article in the newspaper? or he merely capitalized this opportunity?
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5727 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
fangyew
129 posts
Posted by fangyew > 2015-08-08 13:10 | Report Abuse
now you all will know how he feeling