there are the good knowledge and the bad knowledge. there are : - prepackaged knowledge ( like from seminars and TV shows ) - opinions disguised as facts - knowledge that are spoon fed and self taught knowledge
the best knowledge are self taught. This is the internet age after all.
BNF trader losses ) Philip > Mar 15, 2019 6:17 AM | Report Abuse
That is why I don't understand investors who are able to buy 30 stocks, when they can't even name the top 5 management team, their track record and all of the above at the top of their head.
You read the report many many times I assume. Can you name me the top 5 managers without referring back to the report? ( Warren buffet remembers all the managers of his companies by name). If you can do that can you name all the metrics I just put out above as it is all interrelated.
If you can't, I suggest you read the reports a few more times and memorize the details, or stick to companies you are familiar with.
Posted by qqq3 > Apr 14, 2019 12:54 AM | Report Abuse what about knowledge provided by KC Chong? Is it good knowledge or just one man's opinion? Is it knowledge or opinions disguised as knowledge?
In the last two years, quack quack quack aka Desa6769, Stockmanny, Brightsmart, Loneranger, etc. conning newbies and his master to continuously shouting to them sailang and margin Jaks and Sendai at RM1.80+ and RM1.40+ respectively. In the process, he made tons of money, and those newbies who lost their underwear when Jaks and Sendai dropped below 50 sen in just months are just stupid. So he said. Even his master who lost more than RM100m is stupid as quack quack quack was able to bite the hands which fed him, so he said.
kcchongnz wrote many articles to warn newbies about this conman who changed his id numerous time so as to continue conning newbies. You can find some of the threads here,
Those newbies who listened to me saved their underwear. If someone knew how to judge the credibility of others, and just gave a thought of what my opinions were, and he would have saved more than RM100m,from getting conned.
So what do you think the knowledge, or ""one-man's opinion"" I have been providing for?
Its not gambling. Its still investing even thought Jaks is not historically an exemplary company.
Its still investing in a company with great growth prospects., managed by CPEEC , the largest electricity contractor in China....and Jaks is only a passive investor with minority stakes. Once the thing is switched on, don't need Jaks to be genius to see money coming in. Its an IPP after all.
<$ 500 milion market cap, the market has not given much value to the IPP with income stream of $ 150 m pa.
Posted by qqq3 > Apr 14, 2019 12:13 PM | Report Abuse KC Actually I am the least likely person to hard sell any stock., or for that matter, hard self myself.
You didn't hard sell Jaks and Sendai? What have you been doing the last two years shouting relentlessly everyday sailang and margin jaks and Sendai at RM1.80+ and RM1.40+ respectively? It is all over i3investor.
You hard so much and made so many newbies lost their underwear, and your master lost more than R100m!
And at the back you claimed you had make killings on Jaks and Sendai.
kc, anyway I am dead serious when I write........... I do not feel comfortable if people trust me too much or praise me too much like in this article. https://klse.i3investor.com/blogs/qqq3/201987.jsp I cannot bear the burden of responsibility for others.... I am happiest and most comfortable if people sees me for what I truly am............just a small time trader in Bursa.
Wow, people made a couple of comments and you construed them as praising you.
You know what, this is another opinion here.
You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing.
kc...to put it bluntly, u belong to the era of dinosaurs.
My Golden Rule of Investing
Apr 14, 2019 1:58 PM | Report Abuse
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
You wrote nonsense, nothing useful for investment, but just quack quack quack for nothing. =============
but u don't have what it takes to appreciate my works. Anyway, Insas people will not appreciate my work.
Appreciate your work? What work? You made my toes laugh.
By the way, why do you link Insas with me non-stop? Did I promote it like what you have been doing for the last two years, causing your master to lose more than RM100m, and newbies their underwear?
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""?
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""? =====================
KC...share market is always about striking the right balance. And choose the better option.
yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........
Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.
and your cash cows can become very moody cows indeed.
In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive.. That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!
in the algorithm between between quality and your margin of safety and assets and low quality earnings...........raider...u belong to the dinosaur era never to see light again.
What the F*** is that? ""Algorithm between quality and margin of safety""? =====================
KC...share market is always about striking the right balance. And choose the better option.
yes...there is this ever present conflict between quality and your margin of safety and assets and low quality earnings..and your so called cash cows.........
Who is that Benjamin Graham guy? I think the world has passed him by......Even your fellow value investor Tan Teng Boo Icap admits the world has changed. I call BG a dinosaur too.
and your cash cows can become very moody cows indeed.
In this era... it's no longer like Benjamin Graham days! Nowadays we look at earning quality and consistency and earnings growth too! You don't just look at assets! If a firm needs to have a lot of asset to maintain it's earnings, very likely it's capital expenditure intensive.. That's why you see MYEG can have PE way above most of the companies you see, their profit margin is strong and they don't need 1 dollar of asset to generate 1 dollar of sales!
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 > 2019-04-12 14:06 | Report Abuse
myongcc5 Skill= K + E.
=========
they always work better as a multiplication , not sum of parts because there is a positive feedback loop., one reinforcing the other. S = KE.