Posted by stockmanmy > Sep 28, 2017 11:05 PM | Report Abuse KC Warren the Buffalo not only sailang and margin..... Warren the Buffalo started his career by borrowing from friends and family and sailang all in a bankrupt textile company.
You are really a talk cock king!
Warren Buffett invested successfully and made a lot of money before 1965. With the money he made, he took control of Berkshire Hathaway in 1965, and become a multi-billionaire now.
What gives you the idea that he borrowed money from friends and family to sailang Berkshire Hathaway?
Warren Buffet never tell anybody to use margin finance. Instead the first thing he told the young people in order to be successful, never use margin finance.
There are many videos and articles in the internet you can search for it.
Posted by paperplane2016 > Sep 29, 2017 12:10 AM | Report Abuse No right or wrong using margin. It is individual risk appetite.
You are right. Everybody has his own rights and preferences.
However, telling the young people and newbies to use margin to sailang stocks like Sendai and Jaks in public forums, especially you are a well-known and well-respected person in the society is definitely wrong, very wrong!
Posted by stockmanmy > Sep 29, 2017 12:21 AM | Report Abuse kc what you didn't say is ...Warren buffalo now wants to appear respectable and wants people to forget his past...and how he got rich in the first place. Do as he says but never ever do has he do.......hahahahahaha
You are just talking cock.
Warren Buffett invested successfully and made a lot of money before 1965. With the money he made, he took control of Berkshire Hathaway in 1965, and become a multi-billionaire now.
But that is not the point here. The point is,
Warren Buffet never shout everywhere in the public forums to sailang, sailang until you lost 83% in two months!
No respectable person will go around in public forums to sailang sailang sailang! Only idiots like you do.
Fully agreed: telling the young people and newbies to use margin to sailang stocks is definitely wrong, very wrong!
I have gone through that process, fighting to resist the temptation to use margin, never dare to touch margin until having proven successful investing records & experience.
Those young kids dare to dream big using margin will find themselves in a plane flying to holland and they will be the old men never dare to touch stocks in their golden years.
Well, one must know what they are doing before starting margin financing, that important! Even I studied financial analysis with one course of margin call financing module, I have hard time calculating the margin call losses as it keep changing.....Imagine lay man who buy stock for dividend only..
That is why no right or wrong, if the person take share investing as a gambling place, regardless young or old, they will also ultimately play margin.
I know one youngster, he start stock investing first day with margin! He said I win, win big, lose all, I will top up margin. That's the attitude of ppl sometimes….....Regardless who said what, who advise what, some people just stubborn and won't listen. Some ppl just has to learn their own way. They like to do margin for max loss or win, this their own decision. Nothing much we can do to help these type people.
Posted by stockmanmy > Sep 29, 2017 12:48 AM | Report Abuse name me a CEO without margin account......name me a CEO who does not sailang....in fact , name me a super successful investor who has does not sailang and margin account.
Warren Buffet, Seth Klarman, Walter Schloss, Howard Marks, Mohnish Pabarai, etc etc. They are worth billions of USD.
Your so-called super investor can't even smell their fart.
Straight to the point, well said, always heard sailang at gambling place.
Posted by paperplane2016 > Sep 29, 2017 12:51 AM | Report Abuse That is why no right or wrong, if the person take share investing as a gambling place, regardless young or old, they will also ultimately play margin.
Warren Buffett is the world's greatest investor. He is truly very good and teaches a lot.
What has Warren Buffett shared on using margins or leverage in investing?
He advises against these. His reasonings are sound. If you are already rich, you do not need to employ these exposing yourself to the uneccesary risk of suddenly being poor should events go against your judgement. Grow richer slowly rather than risking becoming poor quickly. On the other hand, if you are not so rich or even poor, you have even more reasons to avoid margins and leverage.
at the end of the day it boils down to risk management. risk management does not mean don't take risk, it means taking sensible and profitable risk. say a few years ago if you use margin to trade the SPAC arbitrage, pay 5% interest but earn a high probability annualised return of >10%, that is good risk taking. if you use margin to follow hot stock tips then good luck.
i used to have a margin account about 15 years ago. but i got burnt very badly with margin calls to the extent of having to mortgage my property. subsequently, stop using margin after that. now everything is cash. 25% return YTD for 2017. can sleep well at nite
for risk management, key question is not how much will I earn if it goes up. the right question is how likely will it go down, and how my position would be affected. if you don't have an answer, you are better off without margin
Investment bankers themselves want you guys to play margin la..if not how to pay money to their client's trading account.
If I remember correctly Buffet transform the then ailing textile company Berkshire and MANAGE it (not just invest and buy it) and diversify the business into today's empire.
My view is that Malaysia is lacking quality companies to invest in. Previously USD strong, all those export stock esp tech and testing equipment company goes up, now MYR slowly going back up, all retreating. Then comes Aluminium price went up, only PMETAL stock doing well, others are just ok ok. Then now comes Steel price went up, SSTEEL, MASTEEL and others goreng up but most of their financials not really doing that well. Then goreng Hibiscus from oil up....oil down goreng PETRONM and Hengyuan..lol...
The big thing in malaysia now is the construction of the MRT and HSR and East Coast rail. Gadang big player..but no movement..only GKENT can see movement.
After reading some of the comments in this article, as the writer of "Who is afraid of share margin facility": http://klse.i3investor.com/blogs/elsoft/133215.jsp I would like to emphasis that the purpose of the article is to disseminate the workings of a share margin facility.
Even if the article suggests that everyone should get a share margin facility, some may have over thought that statement to mean that margin play should be part and parcel of one's investment. That is simply not how it was said.
This is an except of my article:
"Hence, our stance is that every investor should have a margin account even if there is no impending need for it yet. Like substituted soccer players, you can keep them on the sideline and only put them to play when it is necessary to do so."
It is my intention that a share margin facility be kept at the SIDELINE and to be used when NECESSARY (for example, when the market is recovering from a crash).
Posted by dragonslayer > Sep 28, 2017 10:32 PM | Report Abuse Aiyo sifu kc...I wonder why you picked sendai as your case study leh..it happen...this is superinvestor ctr....can I request you make another case on Heng Yuan Refining Company....hope you can help tampok...there will be alot ppl interested too...thank you very much..aiyoyo...kikiki
I have no interest to go around, shouting about how someone has slaughtered a dragon, using margin finance and made millions from speculating in HengYuan. If you have done it, congratulation.
I am more concern about those naive punters, listening and following the persistent touting of using margin, purportedly investing in Sendai two months ago, and have lost their pants.
Aiyo sifu kc...no lah...me not owning sendai or jaks or HY lah...just kepoh ronda ronda the forum and put sone remarks only...aiyoyo...kikiki
Raider comment, aiyah this dragon no class loh...!! So many sifu in Hengyuan...like Probability, OTB, Paperlane, Alex, KYY, icon all support Hengyuan....why u want to waste KC time....by getting him to come n kacau Hengyuan leh ??
Lucky sifu KC do not accept ur manipulative invitation loh...!!
Hengyuan is a much better counter compare with sendai mah...!!
ya, vested interest article very dangerous, like this one. talk so much, assume this and that but still KO by wide margin. this writer also wrote HY i think. HIAPTEK: A Turnaround Steel pipe Player (Accounting loss in Subsidiary: What happen to cash flow?) - https://klse.i3investor.com/blogs/lionind/133611.jsp
Posted by dragonslayer > Oct 1, 2017 08:06 AM | Report Abuse
Aiyo chief promoter...good morning...morning breakfast with morning joke...why you so fast hang sifu kc banner at HY liao kah...aiyoyo...baru cakap wa very cheap and no class few minutes later adopted my suggestion to hang sifu kc banner over HY liao...aiyoyo...do you think you need to issue an open letter of apology to me boh...now you look cheaper than me leh...itu lah...always dunno head dunno tail shoot arrows at ppl lah...now shoot at own foot liao leh...so..I m waiting for your letter of apology ya...when you intend to issue the same letter to jupiterang regarding you shot arrow at him on hiaptek matter...pls be man tampok leh...even sifu OTB also issued open letter to apologise on hiaptek matter leh..he cant ctrl if mgmt want to cheat leh....mostly all can accept his open letter but some cant lah..and still call him sifu OTB leh....then you must admit if you shoot the wrong arrow also leh...being chief promoter is not an easy task leh..you lead a group of promoters to kill all the penkritik...you kill all the penkritik regardless whether their opinions are valid or not leh...I think is a bit too bias also leh...still waiting sifu sifu in HY to answer my 5 unanswered questions leh...why all sifu sifu in HY there cherry pick questions and answered one leh..got anything to hide meh...aiyoyo...btw sifu kc still not issue full analysis report yet why you so kiasu hang his banner in HY liao leh....wait lah...wait sifu kc keluar full report baru hang lah...no head no tail one general statement from sifu kc.. not even put any TP at all...you hang his banner in HY liao...who is cheaper now leh...you or me leh...aiyoyo..want to sailang or sialang must wait for sifu kc full analysis lah...an independent non vested interest reputable sifu kc will make more impact than vested interest sifu punya report lah...HY is cinaman company leh...must be more careful before sailang using margin leh...cinaman companies many black swan in history leh....aiyoyo....kikiki
DRAGON,
U POST UR 5 QUESTION ADDRESS DIRECTLY TO GENERAL RAIDER IN HENGYUAN THREAD, RAIDER PROMISE TO ANSWER IT ALL LOH...!!
U POST EVERY WHERE, ASKING ALOT OF PEOPLE TO ANS, GENERAL RAIDER DON KNOW WHAT IS UR QUESTION LOH..!!
REMEMBER TO ADDRESS WITH " DEAR GENERAL RAIDER,,,,," THEN GENERAL RAIDER CANNOT MISS UR QUESTION LOH....!!
ALL QUESTION POSTED CORRECTLY WILL BE ANSWER WITHIN 24 HOURS LOH...!!
Robots have been running the US stock market, and the government is finally taking control Shelly Banjo March 25, 2015 Traders work on the floor of the New York Stock Exchange, Tuesday, March 24, 2015. U.S. stocks were mixed in early trading Tuesday, as investors assessed the latest news on consumer prices and some company earnings. Humans have to follow rules, why not robots, too? (AP Photo/Richard Drew) High-speed frequency traders, which use computer algorithms to trade stocks milliseconds faster than competitors with little human intervention, are about to come under much more scrutiny, if the US Securities and Exchange Commission gets its way. The firms have come under fire for manipulating the stock market, making it less transparent, more volatile, and an impossible place for mom and pop investors to get a fair shake. The practice gained broad attention with last year’s publication of the Michael Lewis book Flash Boys. Under an SEC plan proposed on March 25, the agency said it would now require high-speed trading firms to follow the same rules as other financial firms, namely registering with and opening their books to the Financial Industry Regulatory Authority, the Wall Street regulatory agency also known as FINRA. Currently, high-speed traders that conduct business for their own accounts aren’t required to register with FINRA, meaning they can’t be traced back to, say, a large volume of suspicious trades. Rules overseeing broker dealers were made at a “time when our equity market structure was dominated by floor-based exchanges that could readily regulate all of their members’ trading activity,” SEC chair Mary Jo White said in a public statement about the proposed rules. “That is not our market today. Trading is now dominated by computer algorithms,” she said, noting that prop trading firms now account for nearly half of all orders sent to alternative trading systems. Percentage-of-US-equity-shares-traded-by-high-frequency-traders-High-frequency-percentage-of-US-equity-shares-traded_chartbuilder It could take a while for the rules to come into effect, as the SEC will have to solicit feedback from market participants and fine-tune any new regulations. There is also always the fear of regulatory overreach. But the decision to move forward on changing the rules marks a stark recognition that the world of Wall Street has drastically changed in the past decade, and the regulations surrounding market structure have fallen incredibly far behind.
Posted by dragonslayer > Oct 1, 2017 12:03 PM | Report Abuse
Aiyo chief promoter...all my questions were posted at HY there one lor...dun tell me you missed the questions leh...go and ask your promoters...they should have keep a soft copy of all the questions ..as I think they also eagerly waiting sifu sifu to reply but non reply.. ..aiyoyo...my question always started like this one...can any/anyone sifu answer my question...one day one question if not wrong....then follow by the question lah...aiyoyo...sori ya...I m old oredy...dun have enuf memory to remember what I tulis in the forum...cos my memory only for storing lepak lepak gossip gossip stories nia nia lah...if want to count...shld be countless liao lah...pls ask your promoters ok....aiyoyo....I requested sifu kc view on HY...hopefully he can tulis one independent analysis that will benefit all investors lah...not that I want to invest in this cinaman company lah...I sumpah many times no vested interest in HY lah...siapa mau follow me to temple sumpah pun cakap many times oredy lah....not in the past nor in the future also lah...only purely kepoh nia nia lah....aiyoyo....kikiki
General Raider,
Cannot find mah....!! u post properly as per my instruction lah...!!
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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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-09-28 23:05 | Report Abuse
KC
Warren the Buffalo not only sailang and margin.....
Warren the Buffalo started his career by borrowing from friends and family and sailang all in a bankrupt textile company.