Posted by hollandking > 2018-03-23 19:52 | Report Abuse

bursa a very special and diff market,

Posted by Jon Choivo > 2018-03-23 19:53 | Report Abuse

Yeah, you cant short, no options, no derivatives. No bonds on the market, no commodities etc.

Construct what portfolio lol.

Use common sense can d.

Posted by 3iii > 2018-03-23 19:58 | Report Abuse

I wish you success in your undertaking.

Maybe you can also share with the audience the fees involved in this fund of yours.

Thks.

Posted by 3iii > 2018-03-23 20:03 | Report Abuse

>>>>The main preference, would of course be a business in a fantastic industry, with a long-term competitive advantage (or “Competitive Moat”), operated by honest and competent people and most importantly available at a fair or very attractive price.>>>>>


These are also the four tenets of Buffett and Munger in their selection of stocks to invest.



>>>>>During our project to read 5 years’ worth of annual reports for all 926 companies listed in the KLSE, we have found one, and it also happened to be available at a fair price. The other will of course be the one and only Public Bank (Do note a few more have since been found, but prices are not as attractive).<<<<


Staying within one's circle of competence is a great discipline. I too have screened through the stocks in the KLSE and found only about 20 stocks that fall into the category of great companies. Applying a stricter requirement, reduces these to only a few. Often, as you mentioned, these stocks are trading at fair to high prices.

Posted by Jon Choivo > 2018-03-27 21:37 | Report Abuse

This is likely to be my structure for the next 5 years, until i have a silver of a track record. Good record, can start a proper fund. Bad record, manage my own money.


2 options.

1) I guarantee your capital plus the highest prevailing FD rate in Malaysia, 3,5 to 10 year lock. If you want put alot, a long ass lock. 60% above that FD rate is mine, 40% is yours. I wont take more than 50% of my own equity as i dont want to over leverage.


2) No profit. Win or lose you keep. Ill just manage your account.

Posted by ProfitSonar > 2018-03-29 01:47 | Report Abuse

Posted by 3iii > Mar 23, 2018 08:03 PM | Report Abuse

>>>Staying within one's circle of competence is a great discipline. I too have screened through the stocks in the KLSE and found only about 20 stocks that fall into the category of great companies. Applying a stricter requirement, reduces these to only a few. Often, as you mentioned, these stocks are trading at fair to high prices.<<<

How do you screen these stocks?? by reading manually or use some sort of screener??