Posted by Danny Phua > 2017-11-14 07:39 | Report Abuse

Sorry im new.. what is ref price and adj price?

Posted by kcchongnz > 2017-11-14 09:37 | Report Abuse

Posted by Danny Phua > Nov 14, 2017 07:39 AM | Report Abuse
Sorry im new.. what is ref price and adj price?

Over the years, stocks pay dividends. Some stocks had bonus issues, stock split etc. Hence to get the true return, all these must be accounted for and share price adjusted to calculate return.

The price adjustments were obtained from the historical daily share price published in Yahoo Finance.

Posted by 3iii > 2017-11-14 14:00 | Report Abuse

Keeping track of the cost of initial and subsequent investments, the dividends received and the final value of your investment can be laborious.

Excel allows one to calculate the returns using XIRR

I notice Buffett keeps his reporting in a very simple format. I like his format for its simplicity.

For example:

Berkshire's newsletter
Shares* .... Company
151,610,700 shares of .....American Express Company
Cost ...............Market (in millions)
$ 1,287 .............. $ 11,231


kcchongnz
Can you share a simple way to keep track of these in a portfolio?
If you are not free to do so, it is understandable and alright too.
Thanks in anticipation.

Posted by Hengyuan: SEXY BABE RM21! > 2017-11-14 22:06 | Report Abuse

Good

Posted by kcchongnz > 2017-11-15 13:36 | Report Abuse

Posted by 3iii > Nov 14, 2017 02:00 PM | Report Abuse
Keeping track of the cost of initial and subsequent investments, the dividends received and the final value of your investment can be laborious.

kcchongnz
Can you share a simple way to keep track of these in a portfolio?
If you are not free to do so, it is understandable and alright too.
Thanks in anticipation.



I have posted a simple sample calculation of returns as shown in Table 2 in the article above for your information.

Posted by 3iii > 2017-11-15 18:42 | Report Abuse

Thanks. Looks simple and neat. Serves the purpose.

Posted by sostupid > 2017-11-16 12:41 | Report Abuse

Investing in Bursa for 5 years: 5 年的等待 kcchongnz.

The market has no money or lack of liquidity, so use your common sense, there is no need to wait for 5 years. Follow the company with liquidity or follow the company that can do something that other company has a problem to enter the market for next year's investment. Ho ho ho Christmas will come don't wait for one but plan for one to come is the best way to go.

Posted by sostupid > 2017-11-16 16:46 | Report Abuse

你應該當神明的請你趕快去當神明請自便不用囉嗦不要留下來這裡當一個 : 害人就自己的人!

Posted by sostupid > 2017-11-16 17:12 | Report Abuse

The only thing valuable in this article is the warren buffett quote. Why, see for yourself, because this article did not mentioned anything it did that is similar to the quote. He ask you you wait for 5 years and tell you waiting for 5 years something will surely happen? Maybe it is your demise that he is talking about, you never know, until you ask him, probably

(1) "You either understand something in 5 minutes or you won't understand it 5 years later" = do what you understand right now, and do only something that you absolutely understand its future. sostupid quote1: "This is because the good things in life you have to count on yourself to get it."

(2) So, there is something in the....that makes all te fiff in the world right away"= "The is because the bad things in life you have to count on other people to get it." sostupid quote2

(3) Just like there is always good news and bad news in everything we do. When other people deliver bad news to you you sometimes can treat the bad news as good news. "and the patience it requires is part of the wiring process"=you only get to do what is really good for you (or value investing) only when other people deliver bad news to you. sostupid quote 3=sostupid quote2 + sostupid quote 1.

I　ｈｏｐｅ　ｙｏｕ　ｓｅｅ　ｉｔ　ｅｖｅｎ　ｉｆ　ｗｅ　ｈａｖｅ　ｄｉｆｆ　ｗｉｒｉｎｇｓ．

Posted by sostupid > 2017-11-16 18:13 | Report Abuse

"If you are interest in..." For your information maybe you don't know that : to be fair to everyone in this world the process of learning comes or must come with making a mistake and to learn about something you really have to be part of the mistake by getting yourself directly or indirectly involved. Learn only the things that you don't mind making mistakes: that is why warren buffett said find your own passion as the number one step for planning for your own success.

I　ｈｏｐｅ　ａｎｙｏｎｅ　ｗｈｏ　ｗａｎｔｓ　ｔｏ　ｌｅａｒｎ　ｆｒｏｍ　ｙｏｕ　ｕｎｄｅｒｓｔａｎｄ　ｔｈａｔ　ｔｈｅｙ　ｈａｖｅ　ｔｏ　ｂｅ　ｐａｒｔ　ｏｆ　ａ　ｍｉｓｔａｋｅ　ｉｎ　ｏｒｄｅｒ　ｔｏ　ｒｅａｌｌｙ　ｌｅａｒｎ　ｓｏｍｅｔｈｉｎｇ　ｆｒｏｍ　ｙｏｕ．

Posted by sostupid > 2017-11-16 18:18 | Report Abuse

Failure is mother of success...I think nobody in your kind of grouping heard of this before including you.

Posted by PlsGiveBonus > 2017-11-16 22:22 | Report Abuse

Countless of sleepless night and doubt about the company invested, you can get a 20% CAGR, I don't think it is well worth it. Ironically I don't even make one % from this market, it make me very bad investor in bursa? However I make a fortune in Bitcoin, property and business but never in investment. Warrant Buffeett can talk whatever he want, but he cannot accept the facts that all of the blue chip stock in DJIA simply replaced by Tech stock which he once called it "bubble". Also he invested in bubble tech stock Apple showed he no longer follow his golden rules.

Posted by hstha > 2017-11-16 23:15 | Report Abuse

Many Malaysian stocks have been extremely undervalued. You can start buying stocks which have next QR announcements this month. Some of them are on a bagain sale!

Posted by 3iii > 2017-11-17 00:11 | Report Abuse

The reasons for losing money in the stock market are they bought poor quality stocks and they over pay for them. kcchong teaches how to select good quality stocks and also how to value them. These two skills are most relevant for those who are investing in the stock market.

Besides these, the stock investors also need to be educated on what market fluctuations mean to them. The market will always be volatile and they would need to develop their philosophy to benefit and not be harmed by this. The greatest danger to your investing is actually the person looking back at you in the mirror.

The few who commented above in disagreement with kcchong are not wrong. They are right from their OWN perspectives too. Many exhibit the "snake bite effect" from previous bad experience. Without learning the lesson of how to overcome this, they choose to trade short-term and are rightfully based on their own experience, fearful of any long term commitment to a portfolio of stock.

For the very small percentage of investors, (think Buffett), with a long term successful portfolio, the stock market is truly a compounding machine and the incremental values of their portfolios are huge in the later periods of their long term investing.

Posted by apolloang > 2017-11-17 00:17 | Report Abuse

KEN PE below 5 only,profit so good why only 92cts???

Posted by kcchongnz > 2017-11-17 17:02 | Report Abuse

Posted by apolloang > Nov 17, 2017 12:17 AM | Report Abuse
KEN PE below 5 only,profit so good why only 92cts???


The E in this PE is just the last year earnings. But investing is about the future. There are a few things one has to examine this E, such as,

1) Will earnings still the same next year?
2) Is this E consistent?
3) Is this E real earnings from operation, or result of one-time off item, such as sale of land, property?
4) Is this E result of booking of profit but sales not 100% concluded yet?
5) ETC. ETC. ETC.

Investing should be made simple, but not simpler.