thats like buying FGV, MAS, Enron, Apple and Jaks ============================================================= Goh Kim Hock > Dec 4, 2018 11:07 PM | Report Abuse
If you put money into something without properly understanding it, or taking chances, it is called gambling.
we have two resident sifus here...one lives in NZ, the other is a remisier ...both interested in numbers and little discussion of business and management....go figure what I have been posting these few years.
>>>qqq3 investing got to go out there....meet people.
get a feel for the management and the business.
trading like me....can be done out of a computer.
we have two resident sifus here...one lives in NZ, the other is a remisier ...both interested in numbers and little discussion of business and management....go figure what I have been posting these few years. 05/12/2018 11:38<<<
Part of the process of my investing is an assessment of
1. the reward: risk ratio of buying the stock at a certain price, and 2. the total return from owning the stock.
I would love it when this reward:risk ratio is at least 3:1. The probability of being right being 75% and probability of being wrong being 25%. Should I got it wrong, at least the loss will not be too huge.
As for the total return, I aim to achieve an annual compounded return of > 15% per year over a 5 year time-horizon from buying the stock. Should this return be below this, I will be patient and wait for a better price. The better or lower price will give me a better reward:risk ration and also better returns should the investing plays out as I anticipated.
In place, also are strategies for selling too.
Portfolio management is part and parcel of overall investing. It is just as important as selecting the right stocks to populate your portfolio.
Posted by 3iii > Dec 5, 2018 11:54 AM | Report Abuse
>>>qqq3 investing got to go out there....meet people.
get a feel for the management and the business.
trading like me....can be done out of a computer.
we have two resident sifus here...one lives in NZ, the other is a remisier ...both interested in numbers and little discussion of business and management....go figure what I have been posting these few years. 05/12/2018 11:38<<<
which art of that is tunnel vision....?
cut off all the crab...that is what it is. Nothing to add or to subtract.
does it guarantee success?
of course not. Meet people and have feelings also can get it wrong just as often. But, at least have emotional connection and be an investor.
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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....
hollandking
3,694 posts
Posted by hollandking > 2018-12-04 16:39 | Report Abuse
99% are gamblers disguise as investor