Posted by qqq3 > 2018-07-24 01:15 | Report Abuse
you want to be a value investor and want to be a business partner in the invested company..?...
too bad.....this gives rise to an irreconcilable conundrum.
let me explain
this kc and this i3 is filled to the brim with fake value investors.....but what is value, by the way, in the context of stock market?
value is in the eye of the beholder, its a matter of perception, of trends and what is fashionable, ....most definitely not a maths formula.
What is value? Where does it come from? A psychological perspective
http://www.oxfordscholarship.com/view/10.1093/acprof:oso/9780198716600...-3
value investors like to give you the analogy of a bargain....everyone loves a good bargain....everyone wishes he can get $ 1 value for a 50 sen payment.........in the stock market, its an illusion.....because while your 50 sen payment is real enough, the $ 1 value in your mind is all an illusion.......its not real. Its just some thing in your mind. .......and you will be tested soon enough ............
of course, if you look at a proposition as a business proposition, some thing you like to have, some thing you like to be associated with, some thing that identifies you as a person, an identity, an expertise, an interest, .........the relationship can last longer, not so stressful, you don't need to be so stressed up..........and this is the attitude of fund managers when they invest long term in a share.
the conundrum of retail investors who call themselves value investors is real. Very real. It challenges them every time they look at the share market.
value investors? my foot. .......the market moves against you, you will know whether you are value investor or not......value is not as chipped in stone as you think.
the share market is a game...a game people plays.....
Be proud to be a trader / speculator.
https://klse.i3investor.com/blogs/qqq3/151380.jsp
Fund managers manages a portfolio....they have deep knowledge of portfolio theories and don't feast or famine based on the values of this or that share and next quarter report........
stock market....every era got new heroes, and got people who wants to sell you their services.
as for me.......I think people are smart, ...and they can built their confidence through experience...and the last thing you need is to surrender to people who hang pig head to sell dog meat....Everyone needs to eventually develop his or her own style.
whatever the situation, whatever the circumstances, remisiers and gurus will want to sell you their services.....that is no good.
Posted by qqq3 > 2018-07-24 03:58 | Report Abuse
value investor? intrinsic value? target price? contrarian investing?
its an illusion....all an illusion.
https://klse.i3investor.com/blogs/qqq3/165703.jsp
Posted by kcchongnz > 2018-07-24 07:22 | Report Abuse
Posted by qqq3 > Jul 24, 2018 01:15 AM | Report Abuse
value is in the eye of the beholder, its a matter of perception, of trends and what is fashionable, ....most definitely not a maths formula.
value investors? my foot. .......the market moves against you, you will know whether you are value investor or not......value is not as chipped in stone as you think.
the share market is a game...a game people plays.....
Be proud to be a trader / speculator.
Still never wonder why some people after working for decades, retire and still do no have RM100k to invest? How are they going to live for the next 20 years?
Whereas many value investors have compounded their money, retire, traveling here and there, playing golf, without worrying about money running out before they expire.
You have again said it all in your above comments.
Posted by qqq3 > 2018-07-24 08:03 | Report Abuse
kc
how is it that you need to cari makan from i3 members and I don't need to?
in fact, not only that....I don't need to work for more than 20 years already......and I have been travelling and playing golf for more than 20 years already.....and in another 20 years, my margin account will be as big as KYY when he is 80.
Posted by qqq3 > 2018-07-24 14:34 | Report Abuse
y kcchongnz > Jul 24, 2018 07:22 AM | Report Abuse
Whereas many value investors have compounded their money,....
=============
kc
compounding money is fixed rate instruments and portfolio managers with their portfolio theories.
businessman approach to equities.....and here is excellent example.......its business sense, business instincts....not maths formulas....
http://klse.i3investor.com/blogs/koonyewyinblog/166599.jsp
compounding money in stock market for retail investors is an illusion.
bull market make money, bear market lose money is not called compounding......it is risk- reward.....and timing.
Posted by kcchongnz > 2018-07-24 15:35 | Report Abuse
Posted by kcchongnz > Jul 24, 2018 03:18 PM | Report Abuse X
Posted by qqq3 > Jul 24, 2018 02:34 PM | Report Abuse
kc
compounding money is fixed rate instruments and portfolio managers with their portfolio theories.
ME: WHAT, COMPOUNDING MONEY IS FIXED RATE INSTRUMENT?
"What is 'Compounding'
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will generate earnings from both its initial principal and the accumulated earnings from preceding periods. Compounding, therefore, differs from linear growth, where only the principal earns interest each period."
WHERE DOES IT REFER TO FIXED RATE INSTRUMENTS? WHAT IS IT TO DO WITH PORTFOLIO MANAGER? WHAT IS IT TO DO WITH PORTFOLIO THEORIES? WHAT THEORIES?
YOU ARE CONTINUOUSLY EXPOSING YOUR BACKSIDE. NO SHAME MEH?
businessman approach to equities.....and here is excellent example.......its business sense, business instincts....not maths formulas....
http://klse.i3investor.com/blogs/koonyewyinblog/166599.jsp
ME: BUSINESS SENSE? SAILANG?
WHAT WOULD HAPPEN TO YOU IF YOU SAILANG WITH MARGIN FINANCE BUYING JAKS UP TO RM1.85 AND PLUNGED BY 37% TO RM1.16 NOW?
SAILANG AGAIN? MARGIN FINANCE AGAIN PROPAGATED?
PLEASE BE MORE RESPONSIBLE AS A WELL RESPECTED PERSON IN THE SOCIETY.
BUSINESS SENSE, BUSINESS INSTINCT? NO COMMENT
compounding money in stock market for retail investors is an illusion.
bull market make money, bear market lose money is not called compounding......it is risk- reward.....and timing.
ME: TRY HARD TO UNDERSTAND WHAT COMPOUNDING IS INSTEAD F EXPOSING YOUR IGNORANCE AGAIN AND AGAIN.
Posted by kcchongnz > 2018-07-24 15:48 | Report Abuse
Posted by qqq3 > Jul 24, 2018 08:03 AM | Report Abuse
kc
how is it that you need to cari makan from i3 members and I don't need to?
ME: ME CARI MAKAN, AND YOU TRAVELING PLAYING GOLF MORE THAN 20 YEARS ALREADY?
WELL, YOU WON'T UNDERSTAND THE JOY OF EDUCATING THE PUBLIC IN USEFUL THINGS, MOST OF THE TIME FOR FREE, DO YOU?
in fact, not only that....I don't need to work for more than 20 years already......and I have been travelling and playing golf for more than 20 years already.....and in another 20 years, my margin account will be as big as KYY when he is 80.
ME: I REALLY DON'T UNDERSTAND HOW SOMEONE AFTER RETIRING DOES NOT EVEN HAVE RM100K TO INVEST IN THE STOCK MARKET, AND STILL HOPE TO BE RICH, LIKE HAVING RM200M IN MARGIN FINANCE.
THAT MEANS YOU MUST MADE RM200M IN 15 YEARS TIME. AND WITH SAY A MAXIMUM OF RM100K NOW TO INVEST, HOW MUCH TO COMPOUND EACH YEAR TO ACHIEVE THAT.
LEARN SOMETHING TO WORK IT OUT. LEARN ABOUT COMPOUNDING. THERE ARE PLENTY OF RESOURCES OUT THERE.
Posted by qqq3 > 2018-07-24 15:51 | Report Abuse
you want to be a value investor and want to be a business partner in the invested company..?...
too bad.....this gives rise to an irreconcilable conundrum.
let me explain
maybe I didn't explain clearly enough.....your article talks about value investing and investing as a business and also about emotions.....
value investing.....fair enough, what ever you want....
investing as a business....fair enough , what ever you want.....
Taken separately, fair enough, what ever you want....
taken together.....it creates a conundrum , an irreconcilable conundrum.....emotions will crop in.....emotions crop in because value is an illusion.....value is in the eye of the beholder, its a matter of perception, of trends and what is fashionable, ....most definitely not a maths formula.
investing as a businessman (like kyy).....where got emotion? no emotions.......
value investors? emotions will kill you. ...if your mistaken values don't kill you first.
value investors? lose money still don't know why lose money.
Posted by kcchongnz > 2018-07-24 16:04 | Report Abuse
SIGH, YOU REALLY ARE THE MOST MONG CHA CHA ACCOUNTANT" I HAVE EVER MET.
AND STILL DON'T EVEN KNOW WHY SOME PEOPLE AFTER WORKING FOR DECADES AND STILL DO NOT HAVE RM100K TO INVEST IN THE STOCK MARKET.
GO SIT DOWN AND MEDITATE UNDER A PUTI TREE AND THINK ABOUT IT.
IF YOU CONTINUOUSLY WASTING YOUR TIME IN I3INVESTOR TALKING NONSENSE LIKE THIS, NOT TO SAY GOING TO HAVE RM200M MARGIN IN 15 YEARS TIME, I AM WORRIED IF YOUR MONEY LEFT CAN LAST FOR EVEN 2 YEARS.
Posted by qqq3 > Jul 24, 2018 03:51 PM | Report Abuse
you want to be a value investor and want to be a business partner in the invested company..?...
too bad.....this gives rise to an irreconcilable conundrum.
let me explain
maybe I didn't explain clearly enough.....your article talks about value investing and investing as a business and also about emotions.....
value investing.....fair enough, what ever you want....
investing as a business....fair enough , what ever you want.....
Taken separately, fair enough, what ever you want....
taken together.....it creates a conundrum , an irreconcilable conundrum.....emotions will crop in.....emotions crop in because value is an illusion.....value is in the eye of the beholder, its a matter of perception, of trends and what is fashionable, ....most definitely not a maths formula.
investing as a businessman (like kyy).....where got emotion? no emotions.......
value investors? emotions will kill you. ...if your mistaken values don't kill you first.
value investors? lose money still don't know why lose money.
Posted by qqq3 > 2018-07-24 16:33 | Report Abuse
kcchongnz > Jul 24, 2018 03:48 PM | Report Abuse
THAT MEANS YOU MUST MADE RM200M IN 15 YEARS TIME. AND WITH SAY A MAXIMUM OF RM100K NOW TO INVEST, HOW MUCH TO COMPOUND EACH YEAR TO ACHIEVE THAT.
kc
share market....any thing is possible....its about how much risk I want to take, and about timing.....My $100,000 portfolio of 18 months ago is now $ 300,000 at market value..........what is the compound value in 20 years...? you work out for me.....
Posted by kcchongnz > 2018-07-24 16:43 | Report Abuse
Posted by qqq3 > Jul 24, 2018 04:33 PM | Report Abuse
kcchongnz > Jul 24, 2018 03:48 PM | Report Abuse
kc
share market....any thing is possible....its about how much risk I want to take, and about timing.....My $100,000 portfolio of 18 months ago is now $ 300,000 at market value..........what is the compound value in 20 years...? you work out for me.....
OKAY OKAY. SINCE AN ACCOUNTANT DOESN'T KNOW HOW TO COMPUTE, AN ENGINEER IS WILLING TO HELP YOU. NO PROBLEM. SAP SAP SUI ONLY.
BUT FIRST SHOW ME THE PORTFOLIO YOU HAVE 18 MONTHS AGO. WHERE HAD YOU PUBLISH IT? WHAT STOCKS YOU HAD, THEIR PRICES ETC.
I PROMISED YOU I WILL HAVE YOU TO WORK OUT THE CAGR WITH THE ABOVE.
Posted by qqq3 > 2018-07-24 18:31 | Report Abuse
Engineer is better off exercising his business sense than treating stock market like an engineering problem, a problem known as Physics envy by various authors.......
Posted by EngineeringProfit > 2018-07-24 18:34 | Report Abuse
Same psychological conundrum in llife and love.....besides investment
......those 4
Posted by Alex™ > 2018-07-24 18:34 | Report Abuse
I do a PhD topic on this ok? Who want to fund me?
No result.
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CS Tan
4.9 / 5.0
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....
geary
6,379 posts
Posted by geary > 2018-07-23 20:26 | Report Abuse
Wow...Uncle @kcchongnz...is getting Wiser each passing days...TQ...!!!