Posted by Ricky Yeo > 2017-08-26 06:59 | Report Abuse

My apology if I am being too straight. Buying based on recommendation from uncle and friends are bad investment process, regardless of how 'so far so good' the performance is. Do that long enough, you will not survive.

Posted by chinesetea > 2017-08-26 17:46 | Report Abuse

Ricky, this not normal uncle. He has more than 30 years as remisier. My friends are not normal friends ;-). They have been active in stock trading for many years.
Anyway, check the portfolio I posted nearly 3 years ago without any change and dividend update. https://klse.i3investor.com/servlets/pfs/4203, profit remain 110%.

Posted by chinesetea > 2017-08-26 18:00 | Report Abuse

Thanks for your kind word, Ricky. I understand where you are coming from. I have spent time in fundamental analysis behind the scene before putting out recommendation. Some of the uncle's recommendation like VS, Inari were posted many years ago in my blog even before OTB and KYY recommended it. The have grown over 500%. I can say that his insight of any company is far beyond what you can imagine.

Posted by Ricky Yeo > 2017-08-26 20:09 | Report Abuse

Thanks for the reply chinesetea. My concern is not with your uncle or friends nor has anything to do with how good or bad they are (even if one of them is Warren Buffett). The key is you taking their recommendation without knowing their thought process.

“You’re not going to win by trying to get what the next tip is – what’s going to be good and what’s going to be bad. You’re definitely going to lose.” - Ray Dalio

Posted by paperplane > 2017-08-27 00:26 | Report Abuse

Wow, not bad

Posted by swift > 2017-08-27 15:52 | Report Abuse

So glad to hear from you again, Chinesetea! Please write more often

Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-08-27 16:01 | Report Abuse

ChineseTEA....

how are you??? Pls convey message to Uncle that Duit is eyeing and invest at Sunzen.......

Would be great to obtain his opinion..
Thanks in advance.

Cheers

Posted by Unicorn > 2017-08-27 18:08 | Report Abuse

Try minimize your stocks to 3 stocks and achieving 50% gain each that would really be great !

Posted by cheated > 2017-08-27 18:50 | Report Abuse

Fry enough then say good? Want to sell to newbies?