I look back at last 40 years of stock market, the best approach, without doubt is this....... 

fabien, do what ever u want....if it works for u fine.... 

but all these talk about intrinsic value, blah blah blah....can work or not? 

I find that too cliche, too common, too many factors....no winning edge. 

nothing wrong with regular reviews.....but better is like long number from QL forum, every time he reviews, he still likes his stocks....9 years already. So well chosen, so carefully chosen, 9 years don't need change.....That is mark of excellence. 10 baggers still keeping...the guy learns to say NO to others. 

.only good management stocks 
...very low turnover of portfolio 
....learn to say NO.... 

.and if u can to make a real difference, have not more than 5 stocks at a time.


I am a trader with very high portfolio turnover....I am not like that. I can only talk, I cannot do....I am a high turnover guy, luckily I am making money too.....

If a guy has the attitude that 95% of the stocks in the stock market are rubbish.....I think he is already a winner....next is to actually buy some stocks from the 5%.......no point being skeptical and don't buy at all.

Posted by qqq3 > Jan 8, 2019 07:53 PM | Report Abuse X

now that I know 3iii guy got these three features 

...only good management stocks 
...very low turnover of portfolio 
....learn to say NO.... 

success over the 10- 20 years is practically guaranteed.... 

he indeed got some thing worth saying..... 
 

..

already guaranteed to be better than kc's value here value there 

and guaranteed to be better than calvin's bunch of dead stocks, lousy management stocks waiting for random events......

Posted by qqq3 > Jan 8, 2019 08:16 PM | Report Abuse X

there only only two ways to make money from stock market... 

1....u need a greater fool to take over your shares at a higher price 

2....u participate in the growth of well managed and responsible companies. 


every thing else is random......

 Posted by qqq3 > Jan 10, 2019 06:21 PM | Report Abuse X

to tell a good story .... 

whether as traders or as investors, to tell a good story is of primary importance. 

look at oil market, can drop from $ 80 to $ 50 in Dec...that is some thing that is very rare, and now from Christmas day to now can rally to $ 60.....bringing along Hibiscus Carimin and other OG counters.....all because of a good story. 

how logical are markets? should we be as illogical as markets? I also don't know....but we know markets are driven by stories. 

Iran sanction, Venezuela zero production due to mismanagement, oil can still from from 80 to 50.......which side of the brain should one use in confronting the market?

qqq3 > Jan 10, 2019 06:29 PM | Report Abuse X

People can interpret what ever they want, Trump has fully played his hands in China. He cannot push and bully anymore without repercussions. China has won. Americans will decide T has won. Either way , there is nothing T can do anymore and no new tariff ...that is the consensus opinion now....and so market rallies..... 

u see...markets got no morality, don't even have fundamentals....after all, what has changed?............but markets have their own perverted logic

===

so if u are trader, u try to benefit from the perverted logic oof the market place....or

if u are low turnover guy, u just ignore the market completely.

useful link............

https://klse.i3investor.com/blogs/phillipinvesting/190120.jsp