trade war, belt tightening, ringgit still one of the strongest emerging currency in the world but for how long? disappointing results, accident in Wall Street..
people still a-go-go....compounding, they say....well, lets see la.
kc....whether fake accountant or real accountant....not that much significance in stock market...funny...engineer like you pays so attention whether I am fake accountant or not....
a lot of your approach to stock market is summarized by an author who wrote about Physics envy by engineers participating in stock market. .....looking for a physics formula to solve stock market problems........
Posted by qqq3 > Aug 26, 2018 12:44 PM | Report Abuse kc....whether fake accountant or real accountant....not that much significance in stock market...funny...engineer like you pays so attention whether I am fake accountant or not.... a lot of your approach to stock market is summarized by an author who wrote about Physics envy by engineers participating in stock market. .....looking for a physics formula to solve stock market problems........
You read, or rather flip through some pages of some books and talk as if you know so much about it, but in fact, very superficial understanding.
Take for example, those people are using quantitative investing in your physic envy, often with complicated algorithm, such as that Black-Scholles formula by the Nobel prize winners in Economics.
Fundamental investors emphasizes on understanding of the business, how it makes money, is it making good money, is the business sustainable etc. They of course have a feel of what the value of the business is and to compare to its price if it is worth investing. The maths involve is just simple maths, and they are essential.
For example, you talk about "fooled by randomness", presumably a book by Nasim Taleb, but you talked about nonsense with nothing related to the book, or you just simply don't know you yourself is fooled by randomness, by saying i bought this share at this price and sold it and made so much money, and some other trades you have made.
You can fool some of the people some of the time but you can't fool all the people all the time. The more you talk, the more you expose your stupidity.
Posted by qqq3 > Aug 26, 2018 12:59 PM | Report Abuse people say why hantam OTB and KC... I say, if not me, then who else?
1) What kuali you have to do that? You just can't response to me any of my question to you on some simple investment terms. That clearly expose you are a fake.
2) What records you have to qualify you to do so? You don't even have RM100k to invest after working so many years as "accountant"
3) Why you want to do that to me? Just because I am propagating fundamental investing? Why?
man to fit the environment or environment to fit the man.....
if you are KYY....with KYY record, confidence, bullets, attitude towards risk, money and wealth, worth hundreds of millions, what is a few million here and there?
its nothing.....if you are widow with fixed allowance, money has a different meaning.....your attitude towards risk, money and weath is very different from KYY one.
KYY has no hesitation in changing the environment to fit the man....KYY has the confidence and the bullets to change reality. ....The only problem is....how many of us are KYY?
That is why we hunt in the middle, eating left over grass.....KYY hunts in the edges, eats fresh grass ....feast or famine......even if famine , KYY still has his abalone ......what people say, several generations no worry.....
Chicken , play with nuts , scared scared..... cannot expect to have super investor returns......facts of life....
What has changed in steel industry from March to now? Nothing....except KYY is in, in March KYY was not in.....recall in March, KYY says with every town full of unsold houses, steel shares cannot buy one.....
Those sifu sifu like OTB / Icon / KC not worry la...sometimes those joker come out hoot you all sure have people like us come out to defend u al because I respect u all ma. I3 readers are mature and not stupid la.
No big no small. Wah piang eh. You people my best friend is it? You people my family ah.
Here, you are judged only by the quality of your ideas. You are a stranger online. I don't know you at all, for all i know, you can be a 12 year old loser typing on keyboard.
I respect them. But if i sense bullshit, or i think it does not make sense. I will call it out instantly. If you're right, what do you have to worry about? Its good, you get to see other perspective.
If you're wrong, and you're open enough to admit it to yourself, you better send tilapia to my house loh, saved you money leh!
And most important, why i call it out, because i want to know if im wrong loh!
You want unearned respect, go look for your son ask him worship you lah. Come here for what.
==== Koon Bee This Jon baby no big no small, 读死书, must learn how to respect others especially all big name sifu here i.e OTB, Icon, KC etc before learn how to invest. 做人的道理 also dunno, how are u going to success?? 26/08/2018 11:17
You didn't provoke anyone in JAKS, but recently, I've seen your nasty comments appearing in this forum. Long way to go for you if you keep up with that. You can be "intelligent investor", but no one will buy your childish attitude.
P.S. - Read your own comments here and see how others perceive you.
if take a professorship, phd or cfa or cta can make usd millionaire from market, then how come i never heard of anyone with a cfa being a usd millionaire????
no more extremely low PE sector...after the 2008 crisis , have 10 years to recover ....steel the last of mohicans? various sectors have been pushed up and down already, some gets raped so badly, even years later cannot recover.
After the next results, two things can happen......the steel shares gets whacked up to average PEs...or more likely, it becomes obvious earnings are declining and outlook not good.....justifying both the trading prices and the low PEs.....
kc the professor got the business sense to comment or see it coming?
Every town full of unsold houses? Jon Choivo pls sell your Plenitude asap.
Posted by qqq3 > Aug 26, 2018 01:09 PM | Report Abuse i3 in particular is just dominated by this....
man to fit the environment or environment to fit the man.....
if you are KYY....with KYY record, confidence, bullets, attitude towards risk, money and wealth, worth hundreds of millions, what is a few million here and there?
its nothing.....if you are widow with fixed allowance, money has a different meaning.....your attitude towards risk, money and weath is very different from KYY one.
KYY has no hesitation in changing the environment to fit the man....KYY has the confidence and the bullets to change reality. ....The only problem is....how many of us are KYY?
That is why we hunt in the middle, eating left over grass.....KYY hunts in the edges, eats fresh grass ....feast or famine......even if famine , KYY still has his abalone ......what people say, several generations no worry.....
Chicken , play with nuts , scared scared..... cannot expect to have super investor returns......facts of life....
What has changed in steel industry from March to now? Nothing....except KYY is in, in March KYY was not in.....recall in March, KYY says with every town full of unsold houses, steel shares cannot buy one.....
recent Bloomberg report on Chinese real estate noted that from June 2015 through the end of last year, the 100 City Price Index, published by SouFun Holdings Ltd., rose 31% to almost $202 per square foot. That’s 38% higher than the median price per square foot in the U.S., where per-capita income is more than 700% greater than in China.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
qqq3
13,202 posts
Posted by qqq3 > 2018-08-26 12:35 | Report Abuse
bottom line...
trade war, belt tightening, ringgit still one of the strongest emerging currency in the world but for how long? disappointing results, accident in Wall Street..
people still a-go-go....compounding, they say....well, lets see la.