Stockmanmy, your big talker only, don't ever claim yourself as accountant, you are no way is an accountant. How can an accountant forgo his pride by ignoring accounting formulas and accounting basis?
Posted by Ezra > Mar 8, 2017 11:09 PM | Report Abuse Another case of know nothing, talking b***shit again. Please go find out what is the return of Berkshire Hathaway, OakTree Capital, Value Partners, Scion Capital before you open your big mouth.
Dynamic Investing, which fund practices that? What return did they have? Provide with numbers and facts. You don't even have an investing record for your own investing returns.
Retail investors competing with fund managers and insiders? Retail investors always left carrying the “bags". Guessing guessing and guessing, this is what sharemarket is about for retail investors whereas fund managers pay insiders for information and insiders do insider trading without being caught.
Operating in an environment of incomplete information is an intrinsic part of KLSE, ...the case of IWCITY is just an illustration.
Value investing means full and equal access to all investors, that value investors have full and equal access to all information, that is clearly not the case in KLSE.
Firstly, there is a need for better guidelines in announcements of very material nature.
But, given what we have...forget about value investing, focus on acquiring other skills.....more useful skill sets.
Stockmanmy, your big talker only, don't ever claim yourself as accountant, you are no way is an accountant. How can an accountant forgo his pride by ignoring accounting formulas and accounting basis?
whether it is retailers or fund managers doing the buying and selling I am not interested.
what I am interested in is KLSE having better guidelines for material announcements.
They have good guidelines for Circular to Shareholders already.
More than that, I want to point out the need to have a different skill set to operate in an environment of incomplete information, a skill set you will not find in CFA books, or investment book or accounting books.
That is because all KLSE activity is principally operating in an environment of incomplete information.
Posted by spinninglotus > Mar 11, 2017 09:40 AM | Report Abuse
Retail investors competing with fund managers and insiders? Retail investors always left carrying the “bags". Guessing guessing and guessing, this is what sharemarket is about for retail investors whereas fund managers pay insiders for information and insiders do insider trading without being caught.
People think of stock market as if there are playing chess. Chess is a game of complete information. They want to find their magic formulas and magic accounting ratios that will unlock the doors to riches.
In actual fact, stock market is more like a game of poker. and poker is a game of incomplete information.
Fully agreed. You can't tahan for people self claimed a QUALIFIED ACCOUNTANT. wakaka
Posted by Risk Rider > Mar 11, 2017 07:58 AM | Report Abuse
Stockmanmy, your big talker only, don't ever claim yourself as accountant, you are no way is an accountant. How can an accountant forgo his pride by ignoring accounting formulas and accounting basis?
Posted by Ezra > Mar 8, 2017 11:09 PM | Report Abuse Another case of know nothing, talking b***shit again. Please go find out what is the return of Berkshire Hathaway, OakTree Capital, Value Partners, Scion Capital before you open your big mouth.
Dynamic Investing, which fund practices that? What return did they have? Provide with numbers and facts. You don't even have an investing record for your own investing returns.
Hehe, true, Up_down, it will never change, it's in the blood, if you see their blood through microscope, very likely you can see numbers beside A, B & O. I believe mine too :)
Only good point see in author is muka byk byk, sangat sangat tebal, lagi penuh dengan minyak. Saya tak boleh tahan.... Other that that, is garbage in, garbage out...
cheoky, the main ingredient for stock market success is confidence. Nothing can replace that. Let me tell you that.
cheoky Only good point see in author is muka byk byk, sangat sangat tebal, lagi penuh dengan minyak. Saya tak boleh tahan.... Other that that, is garbage in, garbage out...
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Posted by Tom > 2017-03-10 21:59 | Report Abuse
lol