Posted by VenFx > 2016-06-27 23:25 | Report Abuse

I mean really keen on read your next counter from Duit bro ,too .

Posted by duitKWSPkita > 2016-06-27 23:26 | Report Abuse

Thanks VenFx bro..

No 灵感慢慢来

Posted by VenFx > 2016-06-27 23:26 | Report Abuse

Rest well Duit .
So, that your focus will sharp .
Can kill dragon & lion next morning.

Posted by duitKWSPkita > 2016-06-27 23:27 | Report Abuse

Hahahah

Kill dragon? Wakakak... Sayang dragon n katak only

Posted by VenFx > 2016-06-27 23:29 | Report Abuse

Gd nite, Duit .

Posted by duitKWSPkita > 2016-06-27 23:31 | Report Abuse

Good night VenFx and all....

Hope we have time to trade tomorrow

Posted by ckkhen > 2016-06-27 23:50 | Report Abuse

As I have thought and now confirmed by Icon8888 the difference between KC Chong and Icon8888 is that KC is a long term value investor whereas Icon8888 is a short term value trader. Both see value in potential stocks and do their respective analysis Only difference is one holds for longer (more) gain while the other is happy with quick (less) gain.

One is a tortoise, the other is a hare. You know who the eventual winner is.

Posted by iamsoonoob > 2016-06-28 00:22 | Report Abuse

both are good method but the most important we all here want to know which ones are the next coming superstocks........wouldnt you all agree on that?the next coming multibagger super growth stock

Posted by value88 > 2016-06-28 08:55 | Report Abuse

Quote "I undertook the study to find out whether his method is different from mine, and if different, in what way. I want to find out whether there is anything I can borrow or adopt, if not the entire package, at least some useful parts that can augment my own strategy." Unquote.

The above is what I meant by "flexible" in our investment strategy. We should stick to our winning strategy and fine tune our skills from time to time by learning from other successful people. It would be a waste of time if we just boost our own strategy and criticise on others. We gain nothing if we do so. As what Icon8888 mentioned before, our ultimate aim is to make money from the market and improve our family life financially.

Posted by soojinhou > 2016-06-28 10:14 | Report Abuse

Ultimately, I suppose the difference is how much time you have and how much effort you are willing to put into maximizing return. KC Chong's method is fairly passive, he rides on his investment long term assuming that the companies he invest can continue to utilise capital as efficiently as in the past. It is well suited to full time employees who don't have the luxury of time to scour bursa announcements every night, follow up on industry news every day, or monitor competitor's performance etc. You and I on the other hand, are active investors who uses every second to push our annual return beyond those of passive investors. We try to find unpolished gem, and take on higher risks in doing so, which is probably unwise for the general population who needs to be more concerned about keeping his/her job first and foremost before worrying about investment. So there's no which method is more superior. While your value trader method may generate higher return, you paid the price through time and effort. KC Chong may generate lower return, but he can go on cruise for years without a care in the world and still have money left over after funding his cruise from the money he made from his investments haha.

Posted by Icon8888 > 2016-06-28 10:27 | Report Abuse

I see ... KC went on cruise... So that is what he does when he is not blogging... Good life ah... New Zealand has such pristine environment, it must be a pleasure to be outdoor...

Posted by soros228 > 2016-06-28 10:28 | Report Abuse

Icon went on air mah. Lagi Siok.

Posted by probability > 2016-06-28 10:33 | Report Abuse

you had said it very clearly soojinhou...on what I meant as stress free.

This 'active' investing method , currently do seems to show the potential benefits clearly.....due to its short term nature unlike the passive strategy which even requires lots of patience to feel convinced...but again that is where its advantage is hidden.

Perhaps with guys like Icon...one need not be too 'active' to benefit out of it...or be overly 'passive' to lose out on that passive strategy...he he

Posted by pisanggoreng > 2016-06-28 10:33 | Report Abuse

There is no one strategy that fits all, but there is a strategy that fit you.
KC is KC
ICON is ICON
me is me
different psychology different mode of play
you believe KC 100% , you can't win
you believe ICON 100%, you also can't win
you believe me 100%, die faster
God is kind,
He want you to prove that you are better than others
so, a lot of debate going on
very very good.
more the big sifu argue , more we learn .
they gain nothing, we gain all
believe me,
there is free lunch in this world
but ,
you will never get any free lunch from OTB
no money no talk ,
anything wrong ?
nothing wrong .
to give or not to give, to argue or not to argue, the decision is yours
I did not force you to believe or to agree with what I said

Posted by Icon8888 > 2016-06-28 10:59 | Report Abuse

how is Baby Soros ?

soros228 Icon went on air mah. Lagi Siok.
28/06/2016 10:28

Posted by duitKWSPkita > 2016-06-28 11:08 | Report Abuse

KC bbq kangaroo in NZ......... itu pasal I marah him until he disappear liao...

I dun like ppl Bbq kangaroo in NZ...................... kalau bbq kena la tapao sikit

Posted by Icon8888 > 2016-06-28 11:13 | Report Abuse

they ba b q kiwi in NZ, not kangaroo

Posted by duitKWSPkita > 2016-06-28 11:22 | Report Abuse

ohhh like that ar???

sour lo

Posted by soros228 > 2016-06-28 12:22 | Report Abuse

Icon baby big already.
But my capital getting smaller. Hahahaha.
Kindly enlighten me.

Posted by Icon8888 > 2016-06-28 12:45 | Report Abuse

Happy to hear baby doing well. Money slowly slowly can earn

Posted by soros228 > 2016-06-28 13:16 | Report Abuse

Icon 8888, pls guide me.
Desperate already.

Posted by soojinhou > 2016-06-28 13:48 | Report Abuse

Icon8888 did you take a look at CNMC Goldmine? If you have put in a stake instead of Bornoil you would be laughing to the bank by now.

Posted by Icon8888 > 2016-06-28 13:52 | Report Abuse

Oh I see. I didn't buy. Thanks for sharing the info. You are one of the many sifus for me here in i3

Posted by soojinhou > 2016-06-28 14:01 | Report Abuse

Eh don't say like dat, we are colleagues and we share notes. Anyway, thanks for spending so much time to make the community more positive and productive. I don't know how you get my notes because I don't post my notes in public, but your notes are meticulous and well researched. Appreciate that.

Posted by paperplane2016 > 2016-06-28 14:02 | Report Abuse

who need a Sochai to rate???

Posted by paperplane2016 > 2016-06-28 14:02 | Report Abuse

http://klse.i3investor.com/servlets/pfs/54010.jsp

Posted by soojinhou > 2016-06-28 14:03 | Report Abuse

You see why I don't post my notes in public? Haha. I don't want to benefit assholes like the person who just insulted you.

Posted by Icon8888 > 2016-06-28 14:09 | Report Abuse

Don't bother about him
He came out and bark few rounds and will disappear

Posted by paperplane2016 > 2016-06-28 14:14 | Report Abuse

-&&&& negative return STILL YTD!

Posted by SejukSam > 2016-06-28 14:22 | Report Abuse

keep it up icon!

Posted by kcchongnz > 2016-06-28 15:28 | Report Abuse

Posted by soros228 > Jun 27, 2016 10:28 PM | Report Abuse
Well written.
Icon 1-0 KC.


Agreed. Thanks icon8888 for this article.

Posted by valuelurker > 2016-06-28 17:27 | Report Abuse

Its all rather tiring kcchong. Everyday its about harping the same old stories, "im better, backed by research" bla bla bla.

Look, we know. FA works. We know

You could have been so much more. Instead you chose a path of mediocrity.

Spouting useless articles 'defending' your methods, 'answering' all the detractors when we all know its just a pitiful attempt to drum up interest in your course.

Do you see any of the value investing guru's touting their courses? Nay.

So much more, yet you chose the path of mediocrity. Wisdom is wasted on the old. You would think the old would want to leave a legacy, but nay, they want your small fees. A pity, really.

Posted by probability > 2016-06-28 17:33 | Report Abuse

just to poke and stimulate debate here.. i would say:

'TA has highest vulnerability for erosion of its competitive advantage with time'....

'BA....without any concrete data is the 'master of speculation' '

'Believing in prominent investors with lots of money made from stock market ....is like trying to cheat devil'

Posted by probability > 2016-06-28 17:38 | Report Abuse

valuelurker and soros228..u all make people very sad already now...karma will be after u!

Posted by probability > 2016-06-28 17:48 | Report Abuse

this is what I can say after watching Kung Fu Panda:

Tai Lung had back stabbed Master Shifu.... :(

Posted by kcchongnz > 2016-06-28 17:58 | Report Abuse

Posted by valuelurker > Jun 28, 2016 05:27 PM | Report Abuse
Its all rather tiring kcchong. Everyday its about harping the same old stories, "im better, backed by research" bla bla bla.
Look, we know. FA works. We know
You could have been so much more. Instead you chose a path of mediocrity.
Spouting useless articles 'defending' your methods, 'answering' all the detractors when we all know its just a pitiful attempt to drum up interest in your course.
Do you see any of the value investing guru's touting their courses? Nay.
So much more, yet you chose the path of mediocrity. Wisdom is wasted on the old. You would think the old would want to leave a legacy, but nay, they want your small fees. A pity, really.


Sounds like some kind of advice for me. Seldom get any advice nowadays. But what is it? Shoot!

Posted by duitKWSPkita > 2016-06-28 18:06 | Report Abuse

KC chong. Are u bbq kangaroo on cruise?

Posted by duitKWSPkita > 2016-06-28 18:31 | Report Abuse

I personally like soojinhau and Yistock analysis style.

Another guy is RicheHo....

Posted by connie > 2016-06-28 21:11 | Report Abuse

icon8888 'gossip about stocks' is my all time fav .. easy to understand .. simple format .. just a hint of humor that does not make reading boring .. commendable english ! he actually makes financial figures / ratios look less terrifying :)

Posted by probability > 2016-06-28 21:16 | Report Abuse

I like itsjustaboutprofit too....full of colors...and he is one of those early spotters..

Posted by paperplane2016 > 2016-06-28 21:25 | Report Abuse

Gossip holland got lah

Posted by smetrader > 2016-06-29 00:30 | Report Abuse

Anyway using TA or FA is alright if u r making a decent profit from it, right? I am a pure technical person and find it satisfying.Good return annually.Good luck to all.

Posted by Icon8888 > 2016-06-29 07:23 | Report Abuse

I have amended the final sentence of the article to endorse both FA and TA and not take side

Posted by sostupid > 2016-06-29 10:37 | Report Abuse

A lot of investing concepts written by Kcchong and ICON8888 are really wrongful and give people confusion. I like to mention one of them ( of the many): Example 1.
Long term investing is not buying a stock and keep for long term. Warren Buffett evaluates his stocks every year. Change them when he sees the necessary. Long term investing is buying the stocks that you are very confident with because you already know the stock for a long term. (Sell them and buy them back later on is what he means by buying the stock over a long period of time: sometimes you sell out sometimes you buy back but always buy the stocks that you are very familiar with because you have been dealing with the stock for a long time).

You don't buy a stock through mathematics calculation and keep the stock for long term hoping god come one day and help you out.

This is one of warren buffett quote (think about it yourself):
On knowing what you don’t know:
All investing is laying out cash now to get some more back in the future. The concept of “a bird in the hand” came from Aesop in about 600 BC. He knew a lot, but not that [he lived in] 600 BC. He couldn’t know everything. ... If you need to use a computer or calculator to figure it out, you shouldn’t [buy the investment]. Those types of [situations] fall into the “too-hard” bucket. It should be obvious. It should shout at you, without all the spreadsheets. We see something better.
Source: BRK Annual Meeting 2009

Posted by sostupid > 2016-06-29 10:47 | Report Abuse

Intrisic value: You don't have to count the intrinsic value, you have to read a lot or be very knowledgeable.

Intrinsic value is what you know that other people don't know, that gives you an advantage when you are buying stocks. Have your own reasons to buy any stocks you like, it must be your own reasons.

To make money, of course, you must know something that other people don't know, and that piece of knowledge or information is known as intrinsic value.

You can not predict future share price using time-value of money, that is why warren buffett uses the easier way, predict earning power instead of future share price. If a stock has no business competitors, if you bought the shares when it was trading at the lower price range, then the opportunity for you to make money is very high.

You don't need mathematics course, all you need is to be hardworking and read the annual report yourself and learn a few tricks by yourself over the years.

You are good to go any time, you don't need to use mathematics to predict how long you are going to live samething also you can not use mathematics to predict whether share price will go up or not. Investing is invest in yourself not invest in the companies. You need to develop your own skills by understanding the stocks that you are like better before you make a kill.

Warren Buffet quote: Investing on paper is like reading a romance novel vs. doing something else. You’ll soon find out whether you like it. The earlier you start, the better.
Source: BRK Annual Meeting 2007

Posted by younginvestor92 > 2016-06-29 10:48 | Report Abuse

Stop the argument please..... none make it to the TOP 50 richest list.... so TRY HARDER

Posted by sostupid > 2016-06-29 10:59 | Report Abuse

"The earlier you start, the better." That is because enlightenment can only come after you have committed a terrible mistake.

Posted by BoPoint > 2016-06-29 16:01 | Report Abuse

There's one huge problem in KC Chong strategy, or I shall term it as financial analysis. It is just a component of a thorough analysis but he seems to make it as though financial analysis is everything else in investment. As much technical as his articles sound, you can easily learn all this by going through CFA books, Joel Greenblatt, Howard Marks, Seth Klarman, Walter Schloss and of course Buffett & B Graham. There's no reason to email him to follow his courses. Everything you can learn from him, you can learn from the few investors and CFA books that I've suggested. BUT, the underlying problem is his failure in finding great business moats and sustainable business models. Or that he lacks analysis in this area. This, coupled with local economic understanding, will prove to be greater key to investment. Regardless of KYY's personality, his golden rule of "higher earning in the coming QRs" seems legit. Just that behind this rule, are all the tedious research that one has to go through.

Posted by leno > 2016-06-29 16:06 | Report Abuse

u dun need to find "great business moat" to be successful in investing. Likewise u dun need to sell second hand mercedes or BMW to be successful second hand car dealers.

Posted by Dong Yer > 2016-06-29 19:05 | Report Abuse

No people can accuracy predict future EPS, only thing to do is find out long term-competitive/ well management companies by analysis their pass financial figures and ratios.