Is this article FAKE or FACT??

"The way to make money is to buy when blood is running in the streets" 

SO, IS THERE BLOOD RUNNING IN THE STREETS NOW?

KLCI 30 STOCKS

On surface, KLCI is doing great (at least for 2018).  But, below this 30 skin deep stocks, blood is running in the streets.  All sort of stocks are down 15-30%.  Highly played up stocks is down 40-60%.

WHY BLAME? 

If you got no one to blame, the easiest answer is.................  TRUMP or CHINA.  We can now see more ranting and curses in the forum instead of constructive feedbacks.  

Teach you how to fish, also die.  Give you a fish, also die.  Newcomers learning how to fish also die.  

SHOULD YOU BE WORRY IF YOU ARE LONG TERM INVESTOR (referring to 3-5 years horizon)?

Nope, if you have 3-5 years in mind.  

WHERE ARE THE BARGAINS? IF A FRIEND ASKED ABOUT THE MARKET

All over.  Look at the streets above.  Many second liner stocks is undervalued.

WHAT WAS YOUR QUESTION AGAIN?

Bye................bye..............by.........  buy,...............buy................BUY !!!

LAOZI 

"A good traveler has no fixed plans, and is not intent on arriving." - Lao Tzu 

That does not mean to not have goals, or else we would have no reason to travel.  It is the entire experience of traveling that is to be enjoyed. (now, you can replace the word traveling with investing).

TODAY'S QUOTE for INVESTMENT

You simply have to wait.

UPDATES ON THURSDAY 15 MARCH 2018

1.  Some party goers in Consumer Street leaving when they find out it ran out of booze.  They felt betrayed like movie "The Wizard of Lies", a story about Bernie Madoff, over promise under delivered.

2.  Those in Bank Street remain calm, but there were panic in other streets which already bleeding.  I can see more participants in the forum "ranting" and "cursing" this sifu, that sifu.  I have seen this situation before. When things goes wrong, best way is to point figures at others. Happens almost everywhere.

3.  Bernie did say something funny in that movie, he accused his "victims" are also part of the entire Ponzi for being greedy. "I just played along" he said.  It takes both hands to clap.

4.  Not sure more panic will come, hopefully, not a sequel of "Wolf of Wall Street". So much already leaked out of the country. 

5.  Some may ask, what to do now? Perhaps, take a leaf from John D. Rockefeller? No? What about Henry Ford, "Don't find fault, find the remedy".

6.  Estimating/Predicting crack spread is like predicting big or small in a casino, using it in a 10 years DCF, is like telling people I can estimate the outcome of big and small 10 times in a row.  Normally DCF is for long term projects with defined "revenue/tariff" from the concessionaire, like tolls, IPP, water, towerco etc.

THE EDGE WEEKY ISSUE 25 MARCH 2018 

1.  KLCI 30 CAP - BARELY MOVED (OVER LAST 3 YEARS)

2.  MID-CAP to SMALL CAP - CRASHED FROM 15% TO 50%

3.  Buy when blood is running on the street, including your own blood.

4.  KLCI 30 CAP is rebalance every now and then, hence, will look OK.  Bad performing stocks are replaced by new performing stocks.  Hence, on average, it looks stable.

4.  Tools - financial or technical tools are used as estimates and reference, different people may use different tools.  So, different people should adopt different philosophy in investing, but, something that doesn't change on stock prices as in the long term, it will reflect its value.

5.  Dato' Cheah said he usually buy when there are running out of sellers in the market, hence, it can't go much lower since you cannot find much seller anymore.  In short, he is a contrarian.

6.  Something, no tools can measure is LUCK, COMMON SENSE, EXPERIENCE, TEMPREMENT, AND GOOD APPLICATION OF KNOWLEDGE.  So, everyone has different luck, different experience, different way of applying their knowledge, therefore, there is no fixed tools, no fixed formulas or fixed philosopies, fixed way or even fixed objectives in investment.

The best advice is to form your own INDEPENDENT WAY, making good use of tools, experience and strategy, the rest, que sera sera.

Anyone can confirm? FAKE or FACT??

(Anti-Fake Law 2018, w.e.f. 29 March 2018, FAKE or FACT??)