the financial year should be very positive considering the extraordinary gains on disposals recorded earlier this year. When Ho hup can fly so high, there is no reason why Malton is lagging behind so much and for so long..
haha! those who buy sell buy sell i bet their volume not big because they are worry so they won't take high risk to play short term. My thought is simply this: spend 10k buy sell buy sell earn 10% 5 times equal to profit 1k, For long term investor with confidence, buy 100k, up 10% equal to profit 10k (10 times more). Beside, when the stock shoot up 10% in one day, those buy sell buy sell one may miss the train.
i'm saying, if you had say 500k to invest, do you dare to put 100k on a stock that you plan to play short term? For most people, they will only put large capital on stocks they play long term, and tiny capital on stocks they play short term (gamble).
WB's "don't loss money" rule is to advice us don't have the mindset to play short term at all. Don't think like....oh, I'll just play 10k small small to gamble on this stock. If loss all, just 10k, nevermind. I had that 490k on proper investment. This mindset, after you loss that 10k, you may start taking out another 10k because you feel angry for that loss. This is the typical gamble mindset. Loss will enlarge.
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....
kancs3118
2,225 posts
Posted by kancs3118 > 2014-07-06 10:34 | Report Abuse
hopefully, both GOB + Malton will fly next Monday - been waiting patiently all this while.