9 people like this.

71 comment(s). Last comment by iloveshare128 2016-07-05 14:11

paperplane2016

21,562 posts

Posted by paperplane2016 > 2016-06-27 06:58 |

Post removed.Why?

paperplane2016

21,562 posts

Posted by paperplane2016 > 2016-06-27 06:58 | Report Abuse

Low life conman.

paperplane2016

21,562 posts

Posted by paperplane2016 > 2016-06-27 07:00 | Report Abuse

Dont waste time kc. He is a contra punters, ask ppl chase comcorp!

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 09:32 | Report Abuse

Investing is about the future not the past.

Trading is about the present, not the future, not the past.



There is no place for the past in investing or in trading.....that is why FA and TA experts without BA is not just incomplete...it is down right misleading.

kcchongnz

6,684 posts

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

Posted by stockmanmy > Jun 27, 2016 09:32 AM | Report Abuse

There is no place for the past in investing or in trading.....that is why FA and TA experts without BA is not just incomplete...it is down right misleading.

Why are you keeping on harping on BA? What is so special about your BA?

Isn't BA part of FA?

3iii

12,847 posts

Posted by 3iii > 2016-06-27 10:18 |

Post removed.Why?

3iii

12,847 posts

Posted by 3iii > 2016-06-27 10:20 | Report Abuse

https://youtu.be/WlC40B9qZ20

Video: The FOUR filters of Buffett and Charlie Munger.

3iii

12,847 posts

Posted by 3iii > 2016-06-27 10:23 |

Post removed.Why?

moneySIFU

5,849 posts

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

A lot of stupids in i3 now, judging from all the recent articles written by many bloggers here (″・ิ_・ิ)っ

3iii

12,847 posts

Posted by 3iii > 2016-06-27 10:28 | Report Abuse

A unhappy outcome is likely for those who are enthusiastic on a company when it showed temporary good earnings for a period, when in fact it does not has a business with durable competitive advantage. The temporary increased in earnings disappear and its share price likewise goes down.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 12:09 | Report Abuse

Isn't BA part of FA?

No.......in the hands of some of the bloggers and sifus here, it is not and that is a big problem.

I have seen spreadsheets of 20 formulas and 5 valuation methods.....all done without thinking, done without using the brains., done mechanically, treating every company , every industry as if their differences do not exist, do not count.

Have you seen such sifus?

PE must be xyz
Gearing must be abc
Net cash must be def
Roe must be ghi
Roic must be jkl

Lots of funny people in this world

If anyone has found computer algorithms that can be successful....why is he selling his algorithm?

Why need humans to trade?

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-06-27 16:56 | Report Abuse

Posted by stockmanmy > Jun 27, 2016 12:09 PM | Report Abuse
Isn't BA part of FA?
No.......in the hands of some of the bloggers and sifus here, it is not and that is a big problem.
I have seen spreadsheets of 20 formulas and 5 valuation methods.....all done without thinking, done without using the brains., done mechanically, treating every company , every industry as if their differences do not exist, do not count.
Have you seen such sifus?
PE must be xyz
Gearing must be abc
Net cash must be def
Roe must be ghi
Roic must be jkl
Lots of funny people in this world
If anyone has found computer algorithms that can be successful....why is he selling his algorithm?
Why need humans to trade?

A good pilot has a checklist of scores of items to check before flying. Likewise an investor with safety in mind would also have a checklist.

What is wrong having "20 formulas and 5 valuation"?

To me it is a good and prudent strategy. Any time better than whatever BA or BS.

SejukSam

1,001 posts

Posted by SejukSam > 2016-06-27 17:00 | Report Abuse

i support kc

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 17:36 | Report Abuse

wrong...anyone not using his head do not need a head

JN88

11,670 posts

Posted by JN88 > 2016-06-27 17:41 | Report Abuse

If we speculating the future fo a company, then we become bomoh and speculator lo? So how?

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-27 17:43 | Report Abuse

Very sad to see paperplane abused KC like that



Posted by paperplane2016 > Jun 27, 2016 06:58 AM | Report Abuse

Ttiu, losers wanna act like some guru. Tak tahu malu.


Posted by paperplane2016 > Jun 27, 2016 06:58 AM | Report Abuse

Low life conman.

Ryan88

1,327 posts

Posted by Ryan88 > 2016-06-27 17:44 | Report Abuse

blogger like to talk kot. lol. stupid i3 followers follow at ur own risk.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 17:49 | Report Abuse

one can understand the business is prepared for all eventualities...and gives an enjoyable read.
one who can understand the business and gives a logical profit forecast has done all that we want our analysts to do.
fund managers and professional analysts place so much time on profit forecasts they even have consensus estimates.
Have you seen sifus who make no attempt at profit forecasts but gives 20 formulas and 5 valuation methods based on the past and no indication he/shes even know what business it is in.?

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-06-27 18:00 | Report Abuse

Posted by stockmanmy > Jun 27, 2016 05:49 PM | Report Abuse
one can understand the business is prepared for all eventualities...and gives an enjoyable read.
one who can understand the business and gives a logical profit forecast has done all that we want our analysts to do.
fund managers and professional analysts place so much time on profit forecasts they even have consensus estimates.
Have you seen sifus who make no attempt at profit forecasts but gives 20 formulas and 5 valuation methods based on the past and no indication he/shes even know what business it is in.?

I know of sifus who used a number of ratios and valuation methods.

Benjamin Graham, the father of value investing,who had made huge profit for his investors over a long period of time used them,but may be less metrics, 10 may be.

Mohnish Pabrai, a modern value investors uses a checklist, may be 10-20 items, and he made closed to 30% a year for his investors for an extended period of 20 years.

Thee are many more of them. But no, I have not seen one of them who has "no indication he/shes even know what business it is in.?"

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 18:15 | Report Abuse

The final decision is yours ( as if it can be any thing else).
But, you got to trust me because I am worth millions and you are worth not a sen.
If any thing go wrong, it is your own stupidity ( Final decision is yours, remember?)

If you make money it is only because you followed my good FA and TA without BA.

so f off any one who dares to say any thing.


See how smart I am.! I can make money from the stock market without even knowing what business it is in......Its all in the magic FA and magic TA invented and tested by me.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-27 18:43 | Report Abuse

I was just pulling his legs

Paperplane has not made noise you made noise ? LOL

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-27 18:46 | Report Abuse

Anyway paperplane is such a vicious person, I don't see what is the pint of being so hero ? If you are so full of integrity, u would have said something when he behaved so rudely this morning. Where were you this morning ? Please lah

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 18:47 | Report Abuse

Truth be told, snake oil sellers have been around even longer than the stock market. You get that every where, stock market no exception.

Now, lets talk about stock market. If one takes a business man approach to this venture, you would not be worse off than one armed with 20 formulas and 5 valuation methods applying them blindly.


At the end of the day, we are talking about financial intelligence. So, what is financial intelligence?

Are we born with F1? Do we wake up one morning and find we are equipped with FI? Can FI be developed? Can FI be trained? Get educated by FI stuffs?

It goes without saying people learn stuffs, experience stuffs, and can benefit from our experiences.

FI is an asset that can be developed, trained, experienced

the 20 formulas and 5 valuation methods applying blindly without thinking do not increase one's FI.....it only serves to stifle and stop the development of FI.

Only questioning and curiousity and asking the right questions can cause a people to learn and develop his FI.

At the end of the day, taking a business man approach to the stock market is not a bad idea at all....and he probably have no need for the 20 formulas and 5 valuation methods.......these valuation methods are like the tail wagging the dog. They can be made to justify any ridiculous proposition. Small tweets in some assumptions produce major changes in the end results. Its the tail wagging the dog.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-06-27 18:52 | Report Abuse

Instead of predicting growth
Why not predicting bubble burst?
And it is safer of all analysis because when the bubble burst, there will be new analysis coming out too

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-06-27 18:56 | Report Abuse

Bubble burst happens every 7-10 years, best investing duration is within 1 to 4 years after bubble burst, after the 4th years, risk increase exponentially, time to cash out and wait the bubble to pop.

soojinhou

869 posts

Posted by soojinhou > 2016-06-27 19:01 | Report Abuse

This argument is getting dumber and dumber. A poor business will not result in a good FA. FA will indicate whether a company has a moat, and that moat will come from some qualitative aspect of BA. Both are the consequence of each other. FA is BA and vice versa. What's this nonsense about FA is not BA?

probability

14,403 posts

Posted by probability > 2016-06-27 19:09 | Report Abuse

Stockman has gift of the gap for instigating people...without any logic gates in his god gifted 'biological software'.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 20:09 | Report Abuse

dunber and dumber is the flocks who pray to FA gods without knowing what is business analysis and good stock picks.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 20:10 | Report Abuse

dumber and dumber is the one who uses FA to screen his stocks and manages to pick all the ducks and become first from last in i3 competition.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 20:11 | Report Abuse

dumber and dumber is the one who uses FA to screen his stocks and manages to pick all the ducks and become first from last in i3 competition.


would picks using darts be better?

probability

14,403 posts

Posted by probability > 2016-06-27 20:18 | Report Abuse

anyway...good to have you stockman...you can initiate a lot of discussions...at least 'some' will benefit. apologize for my comments earlier (seriously)..

a lot of people don't seem to know what is FA and especially BA...could u please elaborate what you have understood about FA?

surely people will gain from having opinions from different perspective...including me

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-06-27 20:21 | Report Abuse

Wao. So happening here.

Look like here got free evening class for me... I bet to learn something tonigh.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-27 20:27 | Report Abuse

it does shows the limitations of FA, of using FA blindly , of using FA without BA, of using FA without common sense.....taking the formulas to extremes without understanding the underlying factors.




probability > Jun 27, 2016 08:18 PM | Report Abuse

anyway...good to have you stockman.

paperplane2016

21,562 posts

Posted by paperplane2016 > 2016-06-27 20:28 | Report Abuse

No, noneed waste time on low life conman icon8888.
Ask ppl buy comcorp at high and he selling.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-06-27 20:34 | Report Abuse

Ah plane..

Why midnight still bite Icon never release? Owe money is it?

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-06-27 21:20 | Report Abuse

KC chong.

Liked your article. Thanks

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-06-27 21:25 | Report Abuse

Dear Kc chong,
Dear Icon8888,
Dear stockmanny,
Dear paper plane
Dear flyingkite
Dear probability
Dear all..

Dedicate this to share with you. Enjoy https://m.youtube.com/watch?v=O9Vf6pDHax0

soros228

2,032 posts

Posted by soros228 > 2016-06-27 21:32 | Report Abuse

Duit Good One.
But I watched the similar performance by China Talent show before, few years back.

probability

14,403 posts

Posted by probability > 2016-06-27 21:39 | Report Abuse

oh that ladies hands..good one duit!

Posted by iamvirtualinvestor > 2016-06-28 12:56 | Report Abuse

Thanks KC. Poor to those people who keep bad mouth but earn nothing in stock market.

007

1,902 posts

Posted by 007 > 2016-06-28 17:43 | Report Abuse

Investing is about the future, not the past, stupid! kcchongnz....
Sometime the pro sound crazy already. Too crazy that they fly too high and forget the ground is where they are standing.

sostupid

447 posts

Posted by sostupid > 2016-06-29 11:02 | Report Abuse

Investing is investing in yourself. Stupid. Money don't drop down from the sky freely. Warren Buffett quote: If you are stupid yourself the world will always look flat to you all the time, whether it is yesterday or in the future.

kcchongnz

6,684 posts

Posted by kcchongnz > 2016-06-29 11:31 | Report Abuse

Posted by sostupid > Jun 29, 2016 11:02 AM | Report Abuse
Investing is investing in yourself. Stupid. Money don't drop down from the sky freely. Warren Buffett quote: If you are stupid yourself the world will always look flat to you all the time, whether it is yesterday or in the future.


First time fully agree with you.

Read, read read. Learn, learn, and learn. Practice, practice and practice.

There ain't no tooth fairy in Bursa, Idiot!

Investing is the same.

Without the necessary knowledge and experience, how do you know a stock is good to invest in?

Without knowledge and experience, how can one earn extra-ordinary return from the stock market?

Without the necessary knowledge and experience, how can you beat the big boys in the stock market playing in their field?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-29 11:34 | Report Abuse

its a special kind of people to go around collecting fees for investment advice...especially the unlicensed and unqualified ones.

thick skin, ability to create own reality.

in a bull market, every promoter is a genius, in a bear market every promoter is the cause of people suffering ruins.

why want to cari market in this way?

for every 10 people that you help to make some pocket money, even if just one go into financial ruins because of you, it is very bad karma.

the point is.............

people never over trade , never go into financial ruins unless it is because of tips from other people who claims to have impeccable track records.

trading based on other people tips frees one from responsibility. encourages over trading, reckless risk taking....it is the primary cause of financial ruins.

why take this responsibility just to cari market?


thick skin, ability to create own reality.

blogging without collecting fees is different. Blogging is very democratic and encourages independence

"Final decision is yours but you must trust me because I am worth millions and you are not worth a sen" is the cause of many financial ruins and perhaps even family breakups. Very bad karma.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2016-06-29 11:48 | Report Abuse

In any investment,it is essential to have past records of success to ascertain its successful past performance.There we can check its record of growth and whether it has reached its optimun growth or saturation point.If it hasn't then we can look into the future for further growth and expansion.
This is what Icon888 talking about And what is lacking in kcchongz is his ommission in checking its future growth,hence he can also pay some attention on that then he is as good in fa.But in stock market,we need combination of fa,charting skills and economic foresight to read the impacts of enviromental economic changes or events to be proficient in investment.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-06-29 11:52 | Report Abuse

I would like to defend KC Chong

It is true that KC charged forum members a fee for his lessons. However,

(a) The fee is very small. It is good value for money. Since his students did not lose out, why should we complain ?

(b) Dispensing advice and knowledge is something that has been done in this world for thousand of years. Teachers, lecturers, trainers, they all get paid for doing that. The only different between KC and them is that KC does it online. If we did not condemn teachers for making a living through sharing knowledge, why should we single out KC Chong ?

(c) We are not living in a communist country. Communism sees money as evil (even that view is outdated, modern China loves money). We should NOT have an attitude that if other people makes money, it is bad (and only freebies are good).

(d) If KC does not collect a fee, he will not be coaching his students with such attention, care and details. Without money, there is no "high quality service".

Let KC does what he is doing now. Many people learn though his courses. We should support him, not stifle his effort.

It is my objective view, not politicking.

If one day stockmanmy starts an online course, I will support him as much as I support KC Chong

(as for me, I am not starting one, I am too lazy and not knowledgeable enough)


================
Posted by stockmanmy > Jun 29, 2016 11:34 AM | Report Abuse

its a special kind of people to go around collecting fees for investment advice...especially the unlicensed and unqualified ones.

thick skin, ability to create own reality.

in a bull market, every promoter is a genius, in a bear market every promoter is the cause of people suffering ruins.

why want to cari market in this way?

for every 10 people that you help to make some pocket money, even if just one go into financial ruins because of you, it is very bad karma.

the point is.............

people never over trade , never go into financial ruins unless it is because of tips from other people who claims to have impeccable track records.

trading based on other people tips frees one from responsibility. encourages over trading, reckless risk taking....it is the primary cause of financial ruins.

why take this responsibility just to cari market?


thick skin, ability to create own reality.

blogging without collecting fees is different. Blogging is very democratic and encourages independence

"Final decision is yours but you must trust me because I am worth millions and you are not worth a sen" is the cause of many financial ruins and perhaps even family breakups. Very bad karma.

sostupid

447 posts

Posted by sostupid > 2016-06-29 11:54 | Report Abuse

The 4 simple guidelines for buying any kind of stocks:
(1)Only if you can do something important for other people, the other party will do something you like for you back in return.
(2) Only if you can do something necessary for other people, the other party will do something that is important for you back in return.
(3) Only if you can do something people like, the other party will do something that is necessary for you back in return.
(4) Always buy a stock only when you can determine whether the stock is doing something important now, necessary in the future, and can do something or what other people like in the past for other people and not for you.

probability

14,403 posts

Posted by probability > 2016-06-29 12:02 | Report Abuse

wei...sostupid...this one sound very much like 'competitive advantage' lor...u learning very fast!

sostupid

447 posts

Posted by sostupid > 2016-06-29 12:02 | Report Abuse

慈悲喜捨.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2016-06-29 12:04 | Report Abuse

Sostupid,what you say is only guess work which no references of proven records only proposals of surveys.

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