Posted by stockmanmy > 2017-04-29 19:04 | Report Abuse

forget it

a fool is born everyday

Posted by paulthesotong > 2017-04-29 19:16 | Report Abuse

One of your favourites........the greater fool theory lesson 1.

Posted by moneySIFU > 2017-04-29 19:36 | Report Abuse

They won't learn because they thought they were bad luck only. They promised themselves to get in fast next time.

Posted by probability > 2017-04-29 19:41 | Report Abuse

this is a very very useful information..thanks Ricky.
i have a question which you may be able to answer to verify my understanding.
will post in a minute

Posted by probability > 2017-04-29 19:53 | Report Abuse

Say now PetronM Mother share is trading at 6.80 and the CB is trading at 0.385, i.e there is no premium for simplicity.

Now if the perception is that the Mother's price will either:

(i) gain 20%, or
(ii) in worst scenario drop by the same 20% before the CB' expiry

can we say the rationale is 27% minimum chance for you to succeed by investing on CB?

(assume CB always follows the mother's price movement with exact zero premium)

Posted by probability > 2017-04-29 19:58 | Report Abuse

Petron CB = (Mother's Price - 4.50)/ 6

Of course the most difficult factor to put into the equation is the perception itself that you will gain . i.e the reliability of that someone offering you that you will obtain 20% monthly return....the whole decision relies on the odds of this guy telling you the truth...we cannot put that into the probability equations..he he

Posted by probability > 2017-04-29 20:05 | Report Abuse

In the above scenario, you are then assuming the probability of the person telling you the truth is 50%....

Guess this maths is more applicable in shares trading than people as the odds of future price movement in shares is not influenced by its current price ...unlike humans personality.

Posted by probability > 2017-04-29 20:39 | Report Abuse

Say the odds of the positive outcome (based on the trust level you have) is 70% instead of 50%...you can then multiply the gain side of the equation with 0.7 and then 0.3 on the negative outcome. This way you may uplift the rationale figure from 29% to higher than 50%...and justify your decision to go for the investment.

Many 'superinvestors' uses charity to gain trust on the words they say...

Posted by Apollo Ang > 2017-04-29 20:51 | Report Abuse

why r there so many fools in msia? know that place got tiger or loin still wanna put hand inside the cage n let it bite. money game already know sure can close yet people invest.is like invest in gonna be expired warrants, wanna buy stuffs need to see the date also otherwise bought expired goods

Posted by pussycats > 2017-04-29 21:10 | Report Abuse

;-), if no fools, how superinvestor in this world win big? Untuk direnung & difikir ...

Posted by probability > 2017-04-29 21:14 | Report Abuse

it all depends on:

i) odds of the positive outcome versus negative outcome, and
ii) the magnitude of gain on positive outcome and the magnitude of loss via the negative outcome...

your decision depends on the 4 variables above.

its only stupid to make a decision without considering the above factors...it can also certainly turnout to be smart decisions.

again it all depends on the value of the variables we use..
some like stockman can never understand this maths.

Posted by Apollo Ang > 2017-04-29 21:23 | Report Abuse

no buy and fools won't be created and the superinvestors eat shit

Posted by Apollo Ang > 2017-04-29 21:29 | Report Abuse

one of the ways chances u cannot lose,never buy stocks higher than those who recommend u to buy.all direcotrs,superinvestors only recommend people to buy only when they bought at a much lower price. they only keep quite when they stuck at high price.one should only be buying when this kinda sharks lose.example if they recommend a stock at 1.00,don't even chase that stock at higher than the price they buy. buy when it down to 80cts or below

Posted by Apollo Ang > 2017-04-29 21:30 | Report Abuse

those who recommend u to buy at below their buying price is only consider your good fren, those who call u to buy at a higher price is a crook

Posted by klee > 2017-04-29 21:44 | Report Abuse

This apollo dude is sounding more n more like a tin kosong...tong tong tong...ah but only sh*t came out of his mouth...you want talk crap go elsewhere..i3 dun need you.

Posted by klee > 2017-04-29 21:45 | Report Abuse

In case you dunno,this is the real world..not paradise where your mother will spoon feed you everythig.Diu!

Posted by CharlesT > 2017-04-29 21:47 | Report Abuse

I suggest apollo can go to subang parade starbulks to drink coffee with cpteh n talk for hours...i hv a feel u two can b good buddy...

Posted by Apollo Ang > 2017-04-29 21:48 | Report Abuse

just now I went to a club, a fren showing to me his CDS a/c consisting of over 20 stocks, he told me in 1990s he invested almost 200k now only about 50k. the portfolio consists some I remember igb,mfcb,keck seng,amprop,fap,skw,insas,menang,guh,ta,iwcity,pesona,datuk keramat,mphb,perstima...etc. he told me that if he invest in property now at least many times over instead hold for over 20 years yet lost so much

Posted by klee > 2017-04-29 21:48 | Report Abuse

Show i3 your records before you spit more sh*t.
We here only believe what we see,not some make believe sh*t.

Posted by CharlesT > 2017-04-29 21:51 | Report Abuse

Now i see why u curse on almost all stocks...just like cpteh's cut loss mkt crash etc ever since he got burnt badly in oil n gas stocks in 2014/2015....

Posted by Apollo Ang > 2017-04-29 21:53 | Report Abuse

real world means tipu people to get rich? no other ways to get rich? I no spoon fed and no call people to chase high price.all the crooked people only will call people buy higher than their buying price.

Posted by klee > 2017-04-29 21:55 | Report Abuse

Cpteh can win some coffee,stockman win some money,this apollo win nothing but got diu for being a retard.

Posted by Apollo Ang > 2017-04-29 21:55 | Report Abuse

don't come here and be a saleman, be here when what u buying down at least 20% then recommend people here to support u

Posted by Apollo Ang > 2017-04-29 21:57 | Report Abuse

at least I am here and speak the truth not like many here only promote their stock only wanna for then own gain and no care others die or not

Posted by klee > 2017-04-29 21:59 | Report Abuse

The truth is you are a retard.
99.9% of i3 members have higher IQ than you.Save your breadth.


Mummy is calling you for your milk.

Posted by Apollo Ang > 2017-04-29 22:02 | Report Abuse

why scare people to expose your bad deeds, go to donate and pray more to cleanse the bad deeds ar?

Posted by Apollo Ang > 2017-04-29 22:03 | Report Abuse

gonna con people yet dare not admit, this kinda people.....puiiii

Posted by Apollo Ang > 2017-04-29 22:07 | Report Abuse

msia don't need people like u and Johnson lee, cheat people yet told people he no need their donation to cover jjptr losese. heard him say this,if I am there I spit his face

Posted by confuse > 2017-04-29 22:44 | Report Abuse

Why your friend so poor 1? If own 20 stocks worth RM 50K how much commission for RM 2500 per ctr? His remiser is the 1 laughing.

Posted by Apollo Ang > Apr 29, 2017 09:48 PM | Report Abuse
just now I went to a club, a fren showing to me his CDS a/c consisting of over 20 stocks, he told me in 1990s he invested almost 200k now only about 50k. the portfolio consists some I remember igb,mfcb,keck seng,amprop,fap,skw,insas,menang,guh,ta,iwcity,pesona,datuk keramat,mphb,perstima...etc. he told me that if he invest in property now at least many times over instead hold for over 20 years yet lost so much

Posted by curious2 > 2017-04-29 22:49 | Report Abuse

confuse might be Apollo Ang refer to himself. People won't simply reveal their wealth to others.

Posted by Apollo Ang > 2017-04-29 22:51 | Report Abuse

he is damn rich 5 properties worth millions, he don't even wanna see stocks. stocks to him last time he bought just follow frend for fun, that's why I was telling people here don't simply follow.follow people chasing stocks in the end lose. he said to me thankfully he just invest 200k in the 1990's if he invested more lost more

Posted by curious2 > 2017-04-29 22:55 | Report Abuse

i3 members here said they make a lot of money in 2017 what's the problem buying stocks?

Posted by stockmanmy > 2017-04-29 22:58 | Report Abuse

ang...How did you lose money in this bull market?

You must be a genius ....in losing money.

Posted by Apollo Ang > 2017-04-29 23:01 | Report Abuse

he reveal cos 50k to him is nothing. only crooked people dare not reveal their wealth not true frens. he even let me see his CDS printed by kenanga, btw I never buy more than 5 stocks each time and never hold this long. over 20 years I better use this money for better use than holding such stocks

Posted by Apollo Ang > 2017-04-29 23:03 | Report Abuse

who say I lost, it's the pityness I saw people losing. I only lose only 4d over 1 mil cos for fun lah over the years.....haha

Posted by Apollo Ang > 2017-04-29 23:41 | Report Abuse

who is simon? I don't buy foolish stocks like SKH

Posted by Apollo Ang > 2017-04-29 23:44 | Report Abuse

what I make I only donate to 4d, women, cars,restaurants and many more.....haha.not like kyy dunno how to spend

Posted by Apollo Ang > 2017-04-29 23:58 | Report Abuse

kyy is queen control make so much also dunno how to use,not like dato bernard koay 1 night can spend 100k on women only....haha.

Posted by klee > 2017-04-30 00:34 | Report Abuse

How did you earn?Use your backside izzit?Wakakaka.

Posted by Kukuman > 2017-04-30 09:35 | Report Abuse

Apollo 13... reach but not reach

Posted by Apollo Ang > 2017-04-30 09:45 | Report Abuse

last time bursa not so many crooks now already control like communist country, only cronies allow to gain cannot play already, no need ur backside use brain, backside for pangsai dumbo....haha

Posted by Equityengineer > 2017-04-30 12:11 | Report Abuse

In money making , there is crook everywhere , not only bursa , sti also have , even property also got .. just stop dancing the when the songs is over ...

Posted by probability > 2017-04-30 16:32 | Report Abuse

For PetronM, if the mother gains 20%, the son gains almost 60% and it will lose at the same magnitude when the mother loses by the same 20%.

Now if we have the odds of mother gaining 20% is say 60%. The investment score for CB becomes 11%.

If you have another option of investment in a Company Stock X, where the return magnitude is 20% within the same time frame, the odds of the return has to be above 80% to justify yourself to invest on this company X instead of Petron's CB.

Ricky it would be nice if you can come with an article how to decide on a high risk high return investment versus low risk low return investment..what is the justification we need to use...

Posted by pussycats > 2017-04-30 19:09 | Report Abuse

Appollo Ang is here to tell his true story. Don't Kacau him la.

Posted by Apollo Ang > 2017-04-30 19:18 | Report Abuse

not only true story, also expose the rich people bad deeds

Posted by 没怎么读到书的市集人 > 2017-05-01 14:16 | Report Abuse

We have not only fortune tellers, but story tellers too

Posted by Apollo Ang > 2017-05-01 15:10 | Report Abuse

story to advise people not to put their hands into the cage full of tigers, don't donate to the rich to become richer

Posted by pussycats > 2017-05-01 15:39 | Report Abuse

some people never learn from mistakes.

Posted by Apollo Ang > 2017-05-01 15:41 | Report Abuse

not that people never learn cos the crooks learn new tactics to cheat people, after the people learn they being cheated the crooks change new tactics to cheat

Posted by pussycats > 2017-05-01 17:47 | Report Abuse

Appollo Ang, very good comment. GOOD, bravo