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Improving tactical skill (2)
ed by ks55 > Nov 22, 2018 05:47 PM | Report Abuse 
Just need to calculate intrinsic value.
Share price oscillates along that line.
Above is over price.
Below is under price.
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In the quest to improving tactical skill, lets look at the above.
Intrinsic value, oscillates........weapon of choice of value investors.
Investing 101, easy to understand, popular with teachers
But....what happens when calculate intrinsic value
is the source of all pains?
maybe even the source of all mistakes?
the thing that becomes got eyes no see....
almost by definition....all so called value investors only see one version of the truth.....it is almost by definition......
http://blairbellecurve.com/we-only-see-a-version-of-the-truth/
Oscilllations?
When it oscillates down there, you have fear of the unknowns, when it oscillates up there, you have Fear of Missing Out.........no help.
In a year of tax cuts, economy running on all cylinders, Wall Street DJIA is trading at year lows. The fastest shrinkage of projected PE ratios in memory with declining prices and expanding earnings. A real delemma for value investors, An enigmas for the oscillators.
A better approach
me? I try to scan every thing, accept every trend, I make no opinion that is inflexible....I know there are limits to know every thing. ..I know there is no such thing as intrinsic values (unless u want to take over the company, control the company).
I trust my observations.....that is the only thing I have .....its my business sense vs the rest of the world.....
While th concept of intrinsic values is questionable....... at any time, there is such a thing as relative valuations...... everybody loves comparing, that is how our brain works.
that is why nothing beats a broad scan, the big picture, relative trends and group dynamics.......
My approach....too many nuances. It will not be popular with the teachers. Billion dolllar industry in Buffalogy because it is convenient for teachers.
target prices, intrinsic values same same....they serve to mislead u......better is look at the business and have the business sense....to buy and to sell.
ps......how to trust buy and hold and intrinsic value and value investing when it has not worked in Wall Street this year and have not worked in Malaysia for 18 months?.....
ps..... I trust my observations.....that is the only thing I have .....its my business sense vs the rest of the world.....
Everyone who wants to be successful must have his own business sense. U cannot depend on mine.
25/11/2018 12:20
Try it. I am sure it will improve your tactical skills and improve your results.
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Discussions
Be the first to like this. Showing 16 of 16 comments
Besides talking cock, I see nothing regarding about any "tactic".
"Skill"? That is far fetch!
2018-11-24 22:20
hahaha.....
kc ... u feel I threaten your market? I hope I do.....
really....cannot do well unless one has mastered some of the advanced skills in this coming series of improving tactical skills.
your stuffs only good for earning fees from students....my stuffs can make money from the stock market.....
2018-11-24 23:37
kc...how to trust buy and hold and intrinsic value and value investing when it has not worked in Wall Street this year and have not worked in Malaysia for 18 months?.....
"In a year of tax cuts, economy running on all cylinders, Wall Street DJIA is trading at year lows. The fastest shrinkage of projected PE ratios in memory with declining prices and expanding earnings. A real delemma for value investors, An enigmas for the oscillators."
2018-11-25 00:33
kc...its funny actually....speculators and traders are making money....
Buy and hold, and intrinsic value and value investors are losing billions.....
I like it...
2018-11-25 01:51
Charles Darwin is wrong about survival of the fittest.
It is survival of the adaptable.....Its adapt or perish.
2018-11-25 11:20
Posted by qqq3 > Nov 24, 2018 11:37 PM | Report Abuse
hahaha.....
kc ... u feel I threaten your market? I hope I do.....
ME: MARKET? WHAT MARKET?
THREAT? WHAT THREAT? POSTS WITH TALKING COCK AND EMPTY STUFF, AND COMMENTS OF KAKI KONG KAKI SONG A THREAT TO WHAT, TO WHOM, FOR WHAT?
really....cannot do well unless one has mastered some of the advanced skills in this coming series of improving tactical skills
ME: ADVANCED SKILLS? WHAT SKILL YOU HAVE PROVEN IN THE FIRST PLACE?
A FAMOUS "SUPER INVESTOR" HERE SAID, "IF HE IS SO GOOD, HE WOULD HAVE BEEN A MULTI-MILLIONAIRE ALREADY"
your stuffs only good for earning fees from students....my stuffs can make money from the stock market.....
ME: "I BUY THIS AT THIS PRICE, OH, DAMN F LUCKY I SOLD IT AT THIS PRICE AND MADE A PROFIT."
ANYBODY CAN TALK ANYTHING, BUT SHOW YOUR PUBLISHED PORTFOLIO FIRST, THE PRICES THEN AND THEN TALK ABOUT IT MONTHS LATER. DISCUSS YOUR INVESTMENT THESIS; WHY YOU LIKE THOSE SHARES, WITH JUSTIFICATIONS. OTHERWISE IT HAS NO BLOODY USE AT ALL TO ANYONE, BESIDES KAKI KONG KAKI SONG.
2018-11-25 11:24
ANYBODY CAN TALK ANYTHING, BUT SHOW YOUR PUBLISHED PORTFOLIO FIRST, THE PRICES THEN AND THEN TALK ABOUT IT MONTHS LATER. DISCUSS YOUR INVESTMENT THESIS; WHY YOU LIKE THOSE SHARES, WITH JUSTIFICATIONS. OTHERWISE IT HAS NO BLOODY USE AT ALL TO ANYONE, BESIDES KAKI KONG KAKI SONG.
============
I do better than that....for a couple of months, I have been showing my purchases and sales live......and so far, its like magic....almost 100% strike rate......
2018-11-25 11:44
I do better than that....for a couple of months, I have been showing my purchases and sales live......and so far, its like magic....almost 100% strike rate......
u see....no theory is better than showing real live examples....
last two weeks, I have showed I only liked Elsoft, Supermax and Layhoong.....Now, I only have Layhong and waiting for it to give me good profits....The other two sold already for good profits.
2018-11-25 11:47
more qualitative stuffs, less quantitative stuffs....my kind of guy
https://klse.i3investor.com/servlets/forum/600183592.jsp
not for engineers and maths guys.
2018-11-25 11:49
I trust my observations.....that is the only thing I have .....its my business sense vs the rest of the world.....
Everyone who wants to be successful must have his own business sense. U cannot depend on mine.
2018-11-25 12:20
kcchongnz Posted by qqq3 > Nov 24, 2018 11:37 PM | Report Abuse
ANYBODY CAN TALK ANYTHING, BUT SHOW YOUR PUBLISHED PORTFOLIO FIRST, THE PRICES THEN AND THEN TALK ABOUT IT MONTHS LATER.
================
kc...I am not interested in buy and hold.....I am interested in trading.....immediate results within days/ weeks......
let the fengshui masters deceive people for years at a time....I want to see results soonest.....
I know....people like u like to deceive people for years at a time.....
2018-11-25 19:57
kc....there is no hiding the fact.....buy and hold people has a bad year in Wall Street and 18 months in Malaysia.....buy and hold people are scrambling for excuses...I am having great profits.....
2018-11-25 20:00
kc....superior returns comes the courage to go from 100% to 0% and from 0% to 100% as the situation demands......Your invitation to me to produce a portfolio and review a few months hence is an invitation to mediocre returns.
I know I know....You are going to cite Warren the Buffalo....but there is only one Buffalo in this world ...and billion dollar industry have been built around Buffalology....but it doesn't interest me........
2018-11-25 21:34
improving tactical skills....
don't have to buy ( or sell) when nothing catches my fancy.
not doing any thing today.
2018-11-26 12:52
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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
the aim of improving tactical skills is to make you and me a better speculator, a better trader.....
2018-11-24 21:35