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.