5 people like this.
3 comment(s). Last comment by calvintaneng 2017-12-05 07:38
Posted by soojinhou > 2017-12-05 06:16 | Report Abuse
I wish you the same in your investments. And thank you for ideas on asset based investment ideas.
Posted by calvintaneng > 2017-12-05 07:38 | Report Abuse
Good morning Soojinhou,
Thks again for highlighting on assets based approah in investments.
It was due to my past dealings in Car Wholesale Business and later into Real Estate Business of buying Auction Houses at discount from High Courts. Just as i bought discounted Company cars in Fleet tenders.
So as a natural progression i gravitate to Companies which have Real Assets but whose Value is overlooked by the Market.
And for that I found Sifu Ben Graham's Margin of Safety principle by buying into discounted stocks selling at prices way below NTA.
Happiness is to buy Listed Company Cars way below market value
Happiness is also buying foreclosed houses from High Court Auction at half price.
And happiness is to buy shares of Company selling way below True Intrinsic Value
Thank you
No result.
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CS Tan
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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....
calvintaneng
56,632 posts
Posted by calvintaneng > 2017-12-05 05:25 | Report Abuse
A Big Thank You to
SenSeng Loh
3101575000
pclee1194
resilient911
soojinhou
MAY YOU PROSPER IN YOUR INVESTMENTS
from
Calvin