It is amusing to see calvin proudly declaring his prowess in cyclicals when Buffett and Peter Lynch, who are proven masters in investing advocate avoidance and/or caution.
No wonder calvin's track record of 2 out of his 3 stock selections lost money is unsurprising. While Buffett and Peter Lynch choose to jump of 1 foot high hurdles, deluded calvin chooses to jump over 7 feet hurdles because calvin was so much smarter.
By avoiding cyclicals, (except for the few occasions: please ask raider how I made hundred % gains in the occasional cyclicals) and staying with high quality growth companies (mainly non cyclicals), patience, discipline and compounding over the LONG TERM have delivered amazing portfolio incremental value.
The incremental value delivered in a single year often exceeds by hundred folds those of short term players, making it almost impossible for them to challenge this record in the short or long term.
Time in the market is proven more rewarding than timing the market.
Time in the market is proven more rewarding than timing the market
That is, if you know the market direction
Like Calvin called all not to time the job award for Opcom by going in and out as Job Award suddenly announced will be too late to get back in
Because Govt already allocated Rm10. 8 billions to Telekom for the disbursement to The purchase and installation of fiber optic networks
On the other hand Calvin issued buy call for Padini at Rm1. 60 and took profit when Padini crosses Rm4. 80 as the time cycle for Padini uptrend is turning down
3iii who cannot see cyclical behavior in economy stayed on to see gains given back
That is why Calvin called all to sell into peaks to lock in gains
Peter Lynch MAGELLAN fund did beat Warren Buffet at 39% compared to Warren at 25% by buying into CYCLICALS
Another expert is Howard Marks who wrote
Mastering the CYCLICALS. Putting the odds on our side.
Calvin got Howard Marks writing chun chun on target
Bought carimin at 39 sen Bought Naim at 48 sen Bought Penergy at 68 sen Bought Uzma at 55 sen Bought Velesto at 27 sen Bought Redtone at 45 sen Bought Opcom at 63.5 sen Bought netx at 1 sen, 1. 5 sen and 2 sen Bought T7 global at 45 sen Bought destini at 20 sen
calvintaneng Calvin got Howard Marks writing chun chun on target
Bought carimin at 39 sen Bought Naim at 48 sen Bought Penergy at 68 sen Bought Uzma at 55 sen Bought Velesto at 27 sen Bought Redtone at 45 sen Bought Opcom at 63.5 sen Bought netx at 1 sen, 1. 5 sen and 2 sen Bought T7 global at 45 sen Bought destini at 20 sen
All chun chun ones
Thks to great Sifu Howard Marks and Peter Lynch
>>>>>
I think deluded calvin should re-read Howard Mark's book.
Now that calvin has shown his winners, he may wish to show his bigger list of losers. (Refer Philip's monitoring of calvin's portfolio. For every 3, 2 lost money!)
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....
3iii
13,179 posts
Posted by 3iii > 2019-11-12 07:20 | Report Abuse
Once again, calvin is deluded.
Buffett has avoided cyclicals and has outbeat Peter Lynch in wealth accumulation.
Peter Lynch's good performance in Magellan funds were mainly delivered by the multibaggers from fast growing small caps stocks.