Posted by wonder > 2014-04-25 12:26 | Report Abuse

Hopefully chang blur blur dont get banned again in i3 ;P

Posted by changbl > 2014-04-25 13:55 | Report Abuse

Gila punya leno, talk nonsense, I specially came here to have further a laugh at stockraider when my insas vroom!!!!!!!!!!!!! vroom!!!!!!!!!!!! further...............................MUAHAHAHAHAHAHAHAHAHAHAHAAHA

Posted by stockraider > 2014-04-25 17:14 | Report Abuse

Chang Blur Blur....any napshot pick other than your facbind ?

Posted by stockraider > 2014-04-25 17:21 | Report Abuse

DEFENSIVE RISK ADVERSE STRATEGY FOR MARGIN OF SAFETY INVESTOR LOH.....!!!

1) AVOID HIGH BORROWING COUNTER .....NO MATTER HOW PROFITABLE & HOW MUCH GROWTH....!!
IF STILL WANT TO PLAY....SET CUT LOSS LOH.....!!

2) AVOID CONNED MAN & COMPANY WITH INTEGRITY PROBLEM....NO MATTER HOW ATTRACTIVE ITS INVESTMENT & GROWTH PREPOSITION.

3) GENERALLY AVOID BUSINESS START UP MAH........!!

4) GENERALLY AVOID HIGH PE STOCK LOH.....!! PE 30X ......NO NO NO...LOH.....!!

5) GENERALLY AVOID BUYING CYCLICAL STOCK.......WHEN IT IS SHOWING ITS BEST PERFORMANCE LOH...!!

6) AVOID STOCK THAT NEED TO PERFORM OR HAD PERFORMED NATIONAL SERVICE MAH......!!

7) AVOID VERY PROFITABLE STOCK THAT DO NOT PAYING DIVIDEND FOR MANY YEARS LOH....!!

Cool GENERALLY AVOID HIGH PROMOTIONAL STOCK.....HIGHLY TOUTED BY ANALYST, FUND MANAGER, AUNTIES & UNCLES.....WHEN THE STOCK PRICE HAS RISEN ALOT LOH......!!

IF U CAN PICK UP ANY OF THE POINTS RAIDER HIGHLIGHTED ON ANY OF YOUR POTENTIAL INVESTMENT....U NEED TO BE GENERALLY BE WARY LOH........!!
IN OTHER WORDS....U NEED TO DO MORE WORK TO CHECK THE INVESTMENT VIABILITY LOH.....!!


SENIOR ANALYST QUOTE:
"KEY SUCCESS TO EVERY OF YOUR INVESTMEMT IS NOT ONLY MAKING MONIES BUT PRESERVING IT LOH...!!"

THIS IS VERY IMPORTANT LOH.....!!
WARREN BUFFET....SAYS 1ST RULE OF INVESTMENT IS DON LOSE MONIES MAH....!!
2ND RULE TO INVESTMENT IS REMEMBER THE 1ST LOH.....!!

WHY WARREN BUFFET NEED TO EMPHASIS ON 2 RULE TO DESCRIBE 1 ISSUE OF PRESERVING YOUR CAPITAL LEH ?
BCOS W BUFFET .....KNOWS ALOT OF PEOPLE MAKE MONIES....INITIALLY BUT THAN SQUANDER IT MAH...!!

WHY RAIDER SAYS MARGIN OF SAFETY SO MANY TIMES & DON BUY OVERVALUE PE ABOVE 30 LEH ?
BCOS RAIDER WANT TO PRESERVE YOUR CAPITAL AND PROTECT U LOH.....!!

Posted by stockraider > 2014-04-25 17:23 | Report Abuse

A MOTIVATIONAL ADVICE FOR NEW ASPIRING INVESTOR LOH....!!

THE ROAD TO INVESTMENT SUCCESS IS NOT STRAIGHT
THERE IS A CURVE CALLED FAILURE
A LOOP CALL CONFUSION
A SPEED BUMP CALL FRIENDS
A RED LIGHT CALLED ENEMIES
A CAUTION LIGHT CALLED FAMILY
U COULD HAVE A FLAT TIRES CALLED JOBS
BUT IF U HAVE A SPARE CALLED DETERMINATION
AND AN ENGINE CALLED PRESEVERANCE
A DRIVER CALLED WILLPOWER
AND A GIRLFRIEND CALLED PATIENT
AND AN ASSOCIATE CALLED DISCIPLINE
AND IF U ARE LUCKY TO MEET RAIDER & GANG
WITH A SMALL PUSH
U WILL MAKE IT TO AN INVESTMENT PLACE CALLED SUCCESS

Posted by stockraider > 2014-04-25 17:25 | Report Abuse

THE ROAD TO INVESTMENT SUCCESS IS NOT STRAIGHT- stock price fluctuation and dynamic business changes that may affect its valuation

THERE IS A CURVE CALLED FAILURE-sometime u may wrongly picked a stock based on wrong assumption & incorrect information loh.....!!

A LOOP CALL CONFUSION........yes the mkt may give various conflicting signal or info that may confuse u loh...!!

A SPEED BUMP CALL FRIENDS....u need to work with a good set of friends as a team to avoid getting into trouble due to wrong assumptions mah.....!!

A RED LIGHT CALLED ENEMIES.....your enemy could be people that try to con u.....by displaying misleading optimistic info loh.........!!

A CAUTION LIGHT CALLED FAMILY....no matter what u do....don't overdo....give some allowance loh....don forget u have a family & children to take care loh......!!

U COULD HAVE A FLAT TIRES CALLED JOBS....also your daily bread....your jobs....may have setback too that my impede your investment judgement loh.....!!

BUT IF U HAVE A SPARE CALLED DETERMINATION...u must visualize u will be successful & have a positive attitude loh!!

AND AN ENGINE CALLED PRESEVERANCE....yes u much stay on course loh.....!!

A DRIVER CALLED WILLPOWER.....mentally u must be strong mah.....!!

AND A GIRLFRIEND CALLED PATIENT....u must be prepare to wait for the trees to bear fruits

AND AN ASSOCIATE CALLED DISCIPLINE.....u must stick to your core competent to increase your investment success loh......!!

AND IF U ARE LUCKY TO MEET RAIDER & GANG......in fact this are great positive favorable odds that u met us, we are the helpful lots with good intention loh.....!!

WITH A SMALL PUSH.....we good u a word encouragement and indentify the right condition for u to jump in...!!

U WILL MAKE IT TO AN INVESTMENT PLACE CALLED SUCCESS....u will eventually overcome the obstacle & complete and master the investment journey and will be ready for future challenge loh....!!

Posted by leno > 2014-04-25 17:27 | Report Abuse

HAHAHAHAHAHAH .... HAHAHAHAHAHAHAH
raider beoome nutcase liaw !!
This is wat happen when u spend too much time on share market ! Leno sure raider dun even remember his kids name wat ... his wife annivesary when ... I doubt raider ever watch television not to mention movie lor. GONE CASE LIAW !! GILA ..... cuckooo ... cuckooo ... cuckooo ....

Posted by stockraider > 2014-04-25 17:31 | Report Abuse

THE BEST STOCK INVESTMENT STRATEGY
Keep it simple. Keep it safe (make money with less risk taking). You don't need to pick the best stock or even the best stock funds to do well, if you have an investment strategy that keeps you out of trouble.


Staying with good quality companies bought at reasonable price will be rewarding and will probably keep most investors out of trouble. OR STOCK WITH BIG MARGIN OF SAFETY WILL ALSO KEEP INVESTOR OUT OF TROUBLE MAH...!!

Chapter 20 - “Margin of Safety” as the Central Concept of Investment

A single quote by Graham on page 516 struck me:

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions....THIS IS CORRECTLOH.....BCOS ALOT OF PEOPLE DOES NOT UNDERSTAND VALUATION AND THE CONCEPT OF MARGIN OF SAFETY LOH.....!!

Basically, Graham is saying that most stock investors lose money because they invest in companies that seem good at a particular point in time, but are lacking the fundamentals of a long-lasting stable company....TO BE PRECISE....GRAHAM DRIVE AT HIGH LEVERAGE COMPANIES LOH....!! IN GOOD TIME THERE WILL SHOW GREAT RETURN BUT IN BAD TIME THEY SUFFER GREATLY LOH....!! PEOPLE RAIDER WHO PRCTISE COMPLETE MARGIN OF SAFETY.....WOULD HAVE AVOIDED SUCH FOLLY.....!!

This seems obvious on the surface, but it’s actually a great argument for thinking more carefully about your individual stock investments. If most of your losses come from buying companies that seem healthy but really aren’t, isn’t that a profound argument for carefully studying any company you might invest in?....ASK YOURSELF, WHETHER YOUR LOSSES COME FROM BUYING A COMPANY U THINK IS HEALTHY BUT ACTUALLY IT IS NOT OR BUYING INTO AN OVERVALUE QUALITY COMPANY......AND PAYING OVERVALUE PRICES LEH ?
BOTH OF THESE 2 BLUNDERS ARE GREAT SIN OF INVESTMENT LOH......!!

U NEED TO LEARN....MARGIN OF SAFETY THROUGHLY TO AVOID THESE 2 FUNDAMENTAL INVESTMENT SIN LOH...!!

Posted by BumbleBee > 2014-04-25 17:33 | Report Abuse

Thanks. Did you copy from the other forum? I got banned too!!

Posted by stockraider > 2014-04-25 17:34 | Report Abuse

MARKET CRASH OF 2008 HAD IT AFFECTED U ?

Did you become more conservative? #
Did you become a contrarian 100% of the time?
IF YES.....THIS IS A GOOD POSITIVE IMPROVEMENT TO YOUR INVESTMENT APPROACH...!

Did you become apprehensive of investing in the stock market following the crash of 2008?
THIS IS A NEGATIVE SETBACK FOR YOUR INVESTMENT TECH....THE CRASH HAS AFFECTED U NEGATIVELY LOH..!!

Did you change your investment, valuation method and your philosophy after the crash of 2008?
Did you feel humbled by the falling market of crash of 2008?
Did you feel buy and hold for the long term investing was a poor strategy in light of crash of 2008?
Did you suffer permanent capital loss?
Did you analyse what were your actions and thoughts in 2007? Similarly, in crash of 2008?
Did you become even more certain of your investing post crash of 2008?
THE ABOVE CAN BE A POSITIVE OR NEGATIVE FOR AN INVESTOR LOH....!!

YES HOW THE CRASH AFFECTECD U ? DID U MANAGE TO TAKE ADVANTAGE OF IT ?
What did i learn from it? It did not not come at the right time for me, in fact terribly wrong timing.
If the crisis timing was right for you, you should have reaped the benefits to the max.

GENERALLY A GOOD INVESTOR HAD LITTLE TO DO WITH LUCK LOH.....!!
May I suggest an alternative answer.
It has little to do with timing.
It was whether you were wired properly to take advantage of this event or to fall victim to this event.
Many feared the falling market, yet I know there were a small minority who made a lot of money from it.
As for luck, don't believe to much in luck.
The person whom you thought was most lucky, was surprisingly also the person who was most prepared to take advantage of the event or opportunity.
You could say that was luck, surely!
YES HOW DID U TAKE ADVANTAGE OF THE CRASH ?
FOR RAIDER.....NOT ONLY BOUGHT AGGRESSIVELY....IN FACT RAIDER ALSO BORROW AGGRESSIVELY IN 2010 TO TAKE ADVANTAGE OF THE OPPORTUNITY LOH.....!!

WHEN MARKET CRASH IT WILL HIT U HARD LOH.....!!
Yes, individual stock bubbles are created and are crashing all the time.
A big market correction of 20% or so is not uncommon.

A BIG MARKET CORRECTION OF 20% IS NOTHING COMPARE WITH A MARKET CRASH WHICH COULD WIPE OUT 60% OF YOUR PORTFOLIO DUE TO MARKET PANIC....!!
However, the truly big market collapse occurred about 1 in 10 years.

New comers to the market experience the event different from old timers (the veterans).
However, unlike individual stock crashes, the overall stock market crashes bring down the good and the bad stocks.

During this period, the value investors (those who are wired that way) are very active seeking these great companies that are sold down. AT THIS TYPE MARGIN OF SAFETY INVESTMENT COME VERY HANDY LOH....!!


Yes, those waiting for the big crash may have to wait a long time.
iCap comes to mind.....!! YES ICAP HAS DEVIATED FROM MARGIN OF SAFETY INVESTMENT LOH....!!

But, in any market, there are undervalued counters.
If you are confident, bang this hard.
Put at least 15% of your portfolio into your best undervalued idea.
If you are 100% certain, bang this with 40% of your total portfolio value.
CORRECTLOH.....BUT U BUY NESTLE AT OVERVALUE PE 30X AT RM 68.00 IS A BIG BLUNDER LOH...!!

You may need to sell some existing stocks to raise the cash. BUT NORMALLY U SELL SOME STOCK TO BUY OTHER STOCK.....RAIDER THINK....IS A WASTE OF TIME.....YOUR GAIN WILL CANCEL OUT FROM THE LOST OF OPPORTUNITY ON THE STOCK U SELL MAH.....!!

But those waiting for the big crash, may never see this soon. NEVER WAIT FOR MARKET CRASH....INVEST BASE ON MARGIN OF SAFETY LOH.....!!
Therefore, sensible to be invested in the market at all time.
To be totally out of the market (or 100% in cash) does not sound smart in my book.

FOR TRADERS
But this probably make sense to some traders with short term horizon.
Do some asset allocation and rebalancing at intervals


Learn from Buffett.

Despite calling ourselves “value investors”, a lot of us lose patience when stock prices are falling and get elated when they are rising.
But as Buffett wrote, a true value investor is likely to perform better in a bear market than in a bull market.
This is simply because when you are value investor, you buy good quality stocks and that too only at reasonable margin of safety (around 30-50%).

So when stock prices fall in a bear market, your good quality stocks bought at reasonable margin of safety may earn you lesser losses than the broader markets.

On the other hand, in a bull market, when even garbage is considered a dessert, and people are lapping up everything that’s rising in price, Mr. Market usually ignores good quality “boring” businesses which you hold in your portfolio…
…and thus you must be happy to earn just as much as the broader markets. That’s when you must not try to ride the bull but instead tell those riding it – “I’ll see you in the next bear market!”

Posted by stockraider > 2014-04-25 17:38 | Report Abuse

INVESTSMART COMMENT,

If the company you are investigating has a DCA and you can buy it at a price that makes business sense, then you should jump on it.

If you discover that it has a DCA but is selling at too high a price, you should wait for a stock market correction, industry recession, or business calamity to create a more attractive situation.

If it doesn't have a DCA, then put the company out of your mind, go for a long walk, and then get back to looking for one that has. Thumbs Up

Warren once said that the hardest thing in the world to do is to be patient.

So don't rush things!

Quote from: iiinvestsmart on Today at 08:45:55 AM

To buy or not to buy is always a question.

The market has gone up a lot, the market index is at all time high.

In a bull market, many stocks maybe overpriced.

If the company you are investigating has a DCA and you can buy it at a price that makes business sense, then you should jump on it.

If you discover that it has a DCA but is selling at too high a price, you should wait for a stock market correction, industry recession, or business calamity to create a more attractive situation.

If it doesn't have a DCA, then put the company out of your mind, go for a long walk, and then get back to looking for one that has.

Warren once said that the hardest thing in the world to do is to be patient.

So don't rush things!

You will find a company with a DCA selling at a right price, and it will offer you the opportunity to make a fortune.


RAIDER COMMENT,

FINALLY INVESTMENT ARE TALKING SENSE LOH....NESTLE AT RM 68.00 IS OVERVALUE PE 30X NO MARGIN OF SAFETY MAH....U NEED TO WAIT MAH.....AND BE PATIENT LOH......BUY ONLY THERE IS ATTRACTIVE MARGIN OF SAFETY WHEN THE PRICE COLLAPSE OR WHEN EARNINGS GROWTH CATCH UP LOH......!!

SO KNOWING NESTLE & PET DAG.....AT ABOVE PE 30X IS OVERVALUE AND 3I ONLY A FEW HANDFUL OF STOCK AND MOST OF HIS HANDFUL STOCK PORTFOLIO IS OVERVALUE TOO...!! WHAT SHOULD HE DO LEH ?

THERE ARE ACTUALLY 2 OPTION LOH......!!

OPTION 1

CONTINUE TO WAIT WAIT LIKE 3I AND BE PATIENT UNTIL U GET A FAT PITCH.....LOH....!!
THIS WAITING MAKE TAKE YEARS & YEARS LOH......BCOS ALOT OF THOSE HANDFUL BLUECHIPS 3I IS TALKING ABOUT IS OVERVALUE LOH........!!

U SEE 3I CONFUSE ALOT OF NEWBIES LOH......!!
LETS TAKE NESTLE FOR EXAMPLE :
SHARE PRICE RM 68.00 PE 30X INTRINSIC VALUE RM 32.00 PE 14X AND COST TO 3I RM 12.00 PE 6X...!
3I KEEP SAYING NESTLE GOT MARGIN OF SAFETY BCOS HE IS BASING HIS INVESTMENT COST OF RM 12.00.....!!

THE CORRECT ANALYSES IS NESTLE IS OVERVALUE LOH......!! THERE IS NO MARGIN OF SAFETY ....U MUST BASE ON THE SHARE PRICE RM 68.00 V RM 32.00......THIS INTERPRETATION IS BASIC.....I THINK 3I INTENTIONALLY PLEAD IGNORANCE TO MISLEAD THE NEWBIES LOH......!!


2ND OPTION- THE RAIDER NAPSHOT 40.....B GRAHAM MARGIN SAFETY INVESTMENT TECH

U CONTINUE SEARCH FOR UNDERVALUE OPTION WITH MARGIN OF SAFETY USING GRAHAM SELECTION METHOD...LOH !!....ESPECIALLY U CAN GET CHEAP QUALITY PENNY AND SECONDARY STOCKS.....LIKE RAIDER MAH...SOME TRADING AS LOW AS 300% BELOW ITS INTRINSIC VALUE LOH....!!

U CAN DO WELL USING THIS METHOD TOO....RAIDER'S NAPSHOT 40 IS A TESTAMENT TO THIS MARGIN OF SAFETY INVESTMENT SUCCESS LOH........!!
IT IS NO FLUKE LOH.....IF U EMPLOY GRAHAM METHOD LOH......!!
IN FACT THOSE OVERVALUE STOCKS......U SELL TO MR MARKET MAH.....!!

BEN GRAHAM MENTIONED 2 VERY IMPORTANT THING AN INVESTOR NEED TO KNOW LOH.....!!

1) ABILITY TO VALUE SHARE AND TO COMPUTE MARGIN OF SAFETY !!
2) UNDERSTAND THE FOLLY OF MR MARKET AND TAKE ADVANTAGE OF HIM LOH......!!

THE NAPSHOT 40 IS SPECIALLY DESIGNED TO TAKE ON MR MARKET MAH......!!

Posted by stockraider > 2014-04-25 17:41 | Report Abuse

"MOST VALUATION IS WRONG"

Now this can be shocking to you if you spend a lot of time arriving at that magical number (intrinsic value) that helps you ascertain whether you must buy a stock or not.

Damodaran talks about three kinds of errors that cause most valuations – even the ones “meticulously” calculated – to go wrong:
1.Estimation error…that occurs while converting raw information into forecasts.
2.Firm-specific uncertainty…as the firm may do much better or worse than you expected it to perform, resulting in earnings and cash flows to be quite different from your estimates.
3.Macro uncertainty…which can be a result of drastic shifts in the macro-economic conditions that can also impact your company.
THATS WHY RAIDER ALWAYS RECOMMEND U AVOID SUPERIMPOSITION OF FORECAST INTO YOUR CONSERVATIVE VALUATION MODEL MAH......!!

The year 2008 is one classic example when most valuations – even the good ones – went horribly wrong owing to the last two factors – firm-specific and macro uncertainties. RAIDER ASK U LAH.....2008 THE SHARE PRICE FALL DUE TO BEAR RAID OR WRONG JUDGEMENT IN VALUATION LEH ?

As Damodaran writes…
While precision is a good measure of process in mathematics or physics, it is a poor measure of quality in valuation.
U DON HAVE TO PRECISE .....BUT JUST APPROXIMATE THE EXPECTED VALUATION IS GOOD ENOUGH MAH...!!

So, to value or not value?
Knowing that your valuation could be wrong (and in most cases, it would be) despite any kind of precision you employ in your calculations, it should not lead you to a refusal to value a business at all. CORRECTLOH....ALWAYS USE PE, NTA, CASHFLOW PER SHARE AND STRONG BALANCE SHEET TO UNCOVER.....UNDERVALUATION AND QUALITY BUSINESS LOH.....!!
This makes no sense, since everyone else looking at the business faces the same uncertainty.

IMPROVEMENT OF YOUR ODDS....!!
Instead what you must do to increase the probability of getting your valuations right is…
1.Stay within your circle of competence and study businesses you understand. Simply exclude everything that you can’t understand in 30 minutes....YES IF U KNOW THE COMPANY AND BUSINESS U HAVE A BETTER ODDS...!
2.Write down your initial view on the business – what you like and not like about it – even before you start your analysis. This should help you in dealing with the “I love this company” bias...CORRECTLOH....WHAT U INITIALLY THINK AND WHAT U SUBSEQUENTLY THINK AFTER U DONE EVALUATION MAY BE DIFF....!!
3.Run your analysis through your investment checklist. A checklist saves life…during surgery and in investing...YES CHECK LIST LOH....IF THE COMPANY HIGH PE LIKE 30X.....BETTER THINK CAREFULLY B4 U JUSTIFY INVESTMENT LOH..!!!
4.Avoid “analysis paralysis”. If you are looking for a lot of reasons to support your argument for the company, you are anyways suffering from the bias mentioned above.....JUST LIST OUT THE KEY POSITIVE & NEGATIVE LOH.....!!
5.Calculate your intrinsic values using simple models, and avoid using too many input variables. In fact, use the simplest model that you can while valuing a stock. If you can value a stock with three inputs, don’t use five. Remember, less is more.....REFER TO RAIDER MODEL USE PE, NTA, CASHFLOW PER SHARE AND STRONG BALANCE SHEET TO UNCOVER.....UNDERVALUATION AND QUALITY BUSINESS LOH.....!!
6.Use the most important concept in value investing – ‘margin of safety’. Without this, any valuation calculation you perform will be useless. THIS IS THE CENTRAL CORE LOH....!!

At the end of it, Damodaran writes…
Will you be wrong sometimes? Of course, but so will everyone else. Success in investing comes not from being right but from being wrong less often than everyone else.

So don’t justify the purchase of a company just because it fits your valuation. Don’t fool yourself into believing that every cheap stock will yield good returns. A bad company is a bad investment no matter what price it is. CORECTLOH...NOT ALL THE NAPSHOT 40 STOCK PERFORM MAH.....BUT IF A VAST MAJORITY IS OUTPERFORMING...U R ALREADY IN BUSINESS LOH......!!

Charlie Munger explains that – “a piece of **** in a bowl of raisins is still a piece of ****”…and…“there is no greater fool than yourself, and you are the easiest person to fool.”

So, get going on valuing stocks…but when you find that the business is bad, exercise your options.
Not a call or a put option, but a “No” option. THIS APPY FOR BAD STOCK WITH IMPAIRED MARGIN OF SAFETY AND OVERVALUE STOCK TOO LOH......!!

Have you ever avoided buying a stock you “loved” LIKE NESTLE WITH PE 30X" because its valuations were not right?

Posted by stockraider > 2014-04-25 17:45 | Report Abuse

IF you must get out of the market in an impending crisis (we can't predict this)....THERE ALWAYS DANGER SIGH & RED FLAGS MAH....THAT HELP U MAKE JUDGEMENT LOH......!! IN A WAY CAN PREDICT LOH....!!
IF U PREDICT 5 TIME FAIL AND 6 TIME SUCCESSFUL....IT IS ALWAYS WORTHWHILE TO PREDICT MAH....!!:


JUST STUDY BELOW.......!!
1. Get out EARLY.
2. When the crisis is established and everyone knows about it, it is almost always the time to buy.. If you were still in the market at this stage, probably better to average down than to sell.


Of course, I am assuming:
1. You are staying with good quality stocks.
2. Your buying and selling is based on price and value
In 2008, as the stock market was falling, what did the Malaysian authority do?

I recalled they started giving direct advice on the stock market.

The PM of the day was asking people to buy while the foreign institutions and others were selling.

Met an older investor during that period, he decried ... don't listen to him, you would be hurt...!! THE OLD INVESTOR WHO INVESTSMART MET PREDICT WELL THAT MARKET WILL CRASH.....!!
In fact he was selling.
He was right. The market continued unabated downwards.

ALTHOUGH RAIDER PRACTISE MARGIN OF SAFETY AS THE CENTRAL CORE.....RAIDER ALSO USE TA, MKT PSYCHOLOGY AND TUKANG TILIK TO ENHANCE THE RETURN FURTHER LOH......!!

"RAIDER THE BIGGEST BULL IN INVESTLAH THREAD"......IS A COMBINATION OF MARGIN OF SAFETY TECH, TA AND TUKANG TILIK LOH........!!

RAIDER ALWAYS SAYS.....IF YOUR PREDICTION FAIL 5X.....BUT SUCCESSFUL 6X.....U MUST CONTINUE TO PREDICT LOH.....BCOS IT IS A WORTHWHILE POSITIVE CONTRIBUTION MAH......!!

Posted by tonylim > 2014-04-26 13:00 | Report Abuse

Good day

Posted by stockraider > 2014-04-26 15:46 | Report Abuse

Just wonder u might not read the message in ur inbox.
So I decide to posting here and seek your opinion on Facbind.

NJR,
I am wondering why Facbind is not under your 40 snapshot holding...since you are support Graham Net Net....
Could appreciate your opinion/view on this stock.

Here is the brief of the Facbind:

As at 30/09/2013
*NTA: RM2.61
*Cash per share: RM1.75 (Minimum, in fact is more)
*Price now: Rm1.31
*Almost no borrowing

Future/Prospect/Background
*last 5 financial, 4 years loss money (reason is steel tubing segment losing very big).
*May this year company sold the losing steel tubing segment, and say bye to losing segment ever. Left those profit making segment.
*Coming FYE 2014 all core segment and China business are ALL profit making.
*Recent quarter result not that impressive, due to higher expenses on migrating operation. And now, the segment is fully migrate and starting its operation.
*90% sale is in USD, coming days USD will appreciate for sure.
*Properties are not revalue since 1991. NTA is actually higher

The most importantly, the company is now starting to generate profit (after sold lose making segment) + RM149mil cash in bank (min RM1.75/share) + prospect to give higher yield dividend (retained earning at RM100mil)
~vs~
current price of RM1.31

Why Facbind was not form one of ur stockraider's 40 holding list???

Would appreciate your valuable comments/criticism.


RAIDER COMMENT,

ACTUALLY TO BR FAIR RAIDER HAD OVERLOOKED THIS COUNTER LOH....!!
RAIDER HAD MADE AMEND & RECENTLY & INCLUDED IN THE I3 NAPSHOT LIST AND STARTED ACCUMULATING ALSO MAH.....!!

THE ABOVE ANALYSIS IS PERFECT & SPOT ON LOH..!!

THE PRICE HAD NOT RUNUP TOO MUCH TOO FAR FROM ITS VALUE, THUS THERE ARE PLENTY OF MARGIN OF SAFETY LOH....!!

Posted by stockraider > 2014-04-26 15:58 |

Post removed.Why?

Posted by newman > 2014-04-26 16:03 | Report Abuse

RAIDER. good afternoon.I from investlah( ALWAYS SEEK YOUR ADVISE). just wants to check this FARMBES. small capital counter 61m NTA 2.64 closing price 0.735. this counter can be consist as counter with plenty margin of safety. thank you.

Posted by stockraider > 2014-04-26 16:06 | Report Abuse

Please study RAIDER

1. In his early posts, he was using LEECH technique; whatever this means. He was buying and selling all over the place.

2. Later he settled on the margin of safety principle, but still very short term plays.

3. Lately, he still emphasized margin of safety, wide diversification (a method for the ignorant), <2% of portfolio in each stock (another method for the ignorant, which will not give much impact to the overall portfolio results by any individual stock) and a bit longer term play.

I see little consistency in his investing that he started since 2009.

I suppose he is still modifying and fine tuning his investing.

RAIDER COMMENT,
Warren Buffett has made a career out of being fairly consistent with his investment decisions to spectacular effect; Ben Graham consistently followed his own rules, and who is to say these rules cannot still work today when consistently applied?

I urge the reader to examine his or her investing process and honestly assess whether or not it is consistent.

Do you have an investing process at all??

PLS STUDY & EXAMINE B GRAHAM AND W BUFFET INVESTMENT PROCESS LOH....!!

Ben Graham method is a model people should follow when u r upcoming and trying to establish yourself mah....!!

When u r rich & very establish......u can follow W Buffet model loh........!!

To be fair .....B Graham model actually beat W Buffet in term of return loh.....!!
Notice that W buffet.....is achieving average 50% return pa.....during the old days when he was using B Graham method solely loh.....!!

Subsequently when....w Buffet use......the current model.....his return is much reduce averaging about 10% -22% pa...loh........!!

Why W buffet....return is less at later yr ?
This is bcos......he is less enterprising and less aggressive and do less work loh......!!

Why W buffet settle for lower return ?
Bcos.....he want to invest on a more relax manner......bcos age is catching up and w buffet already veli rich.....therefore the motivation to make big big monies.......is already taper down loh......!!

Furthermore B Graham method......will require more intense effort & enterprising work mah......!!

RAIDER PRESENT & FUTURE DIRECTION,

THERE IS LITTLE CHANGE IN RAIDER'S INVESTMENT PRINCIPLE LOH.....ALTHOUGH RAIDER ADOPT A FEW INVESTMENT APPROACH LIKE LEECH TECH, CHEAP QUALITY PENNY & SECONDARY STOCK, GROWTH STOCK INVESTMENT, BLUECHIP PLAY, HIGH DIVIDEND YIELD STOCK, CASH RICH STOCK, HIGH NTA....BUT ALL THE INVESTMENT GO BACK TO A BASIC CORE VALUE CALL " MARGIN OF SAFETY MAH"!!

RAIDER ALTHOUGH CHANGE & EVOLVE THE INVESTMENT APPROACH....BUT THIS IS REQUIRED TO KEEP IN SYNC WITH MARKET " UNDERVALUATION SECTOR".......IN ORDER FOR MARGIN OF SAFETY PRINCIPLE ...TO CONTINUE IDENTIFY FOR MORE & MORE UNDERVALUE NAPSHOT LOH.....!!

IF RAIDER....HAS NOT TUNE IN TO .....THE MARGIN OF SAFETY & KEEP UPDATE TO THE MARKET.....RAIDER WILL NOT ABLE.....TO IDENTIFY SO MANY NAPSHOT & MAKE SO MANY MANY MONIES MAH.....!!

THIS IS TO SHOW U, THAT WE STILL CAN BE A VALUE INVESTOR WITH MARGIN OF SAFETY.....BUT STILL IN LINE WITH MARKET DEVELOPMENT MAH.....!!

NOT LIKE SOME PEOPLE WHO ALWAYS SING THE SAME TUNE....CALLING NESTLE...A MARGIN OF SAFETY STOCK RM 18, 28, 38, 48, 58, 68, 78 AND STILL CALLING A MARGIN OF SAFETY STOCK LOH.....!!

U MUST RECOGNISE THIS LOH.....WHEN STOCK MOVE UP....LESS & LESS MARGIN OF SAFETY LOH....BUT WHEN IT IS RM 68 WITH PE 30X...THERE IS COMPLETELY NO MARGIN OF SAFETY AT ALL MAH....!!

Posted by stockraider > 2014-04-26 16:13 | Report Abuse

DO U BELIEVE IN SANTA CLAUS & CHOYSUN ?

IS THERE REALLY A SANTA CLAUS RALLY FOR THE MAT SALLEH ?
IS THERE REALLY A CHOYSUN RALLY FOR THE ASIAN AND CHINESE PEOPLE ?

LEARNING ABOUT SANTA CLAUS & CHOYSUN RALLY THAT USUALLY HAPPEN AT THE END & BEGINNING OF EACH YEAR....!!

THE ANSWER IS YES....!
ESPECIALLY WHEN MARKET HAD ALOT OF PESSIMISM LOH....!

It might not be the most disappointing thing you've ever heard in regards to Santa Claus, but Jeff Hirsch of the Stock Trader's Almanac has some disappointing news for those still waiting for the eponymous rally to save the markets.

"Everybody likes to say any sort of year-end rally is the Santa Claus rally," says Hirsch. "The Santa Claus rally is the last five days of the year plus the first two days of the next."
Now that I feel like a dolt for laying out rally cookies and milk next to the money tree in my living room for the last two weeks Hirsch is free to explain what I'm supposed to do with this new information.

For one thing I can better focus my book. Hirsch says that his version of the rally is shorter in time but makes up for it with returns and powers of prognostication. On the return front, the average gain during those seven trading days has been 1.5 - 1.7% for the last half century.
THERE IS A BIAS IN THE MARKET OVER PAST 50 YRS AVERAGE GAIN 1.5% PA JUST 7 DAYS ONLY MAH...!

However, if the market fails to rally, Hirsch believes that in itself is telling. IF NO RALLY IT GOING BE BAD OR SUI FOR THE WHOLE YEAR.....SO BECAREFUL LOH....BEAR SIGN LOH....! PLEASE TAKE NOTE LOH...! BOOCHOWCCCCCCCCC LOH...!


"If Santa Claus should fail to call bears may come to Broad and Wall (Street)," says Hirsch. In 1999 and 2000, as well as 2007 - 08 were recent harbingers of doom when investors would have been well-served to heed.

Hirsch himself notes the limitations of basing an investing strategy on seven trading days. It's data mining, and as Hirsch puts it "if you torture numbers long enough you can get them to say anything." What these numbers are telling us is we best pay at least some attention to the trading at the end of next month.

Before blithely dismissing the data look at the tape for the last decade and 2011 in particular. It's not really the place of any investor to start getting snobby about their foolproof methodology, now is it?

ON CHOYSUN RALLY THE AVERAGE GAIN....IS EVEN MORE POWERFUL BASE ON SENIOR ANALYST STUDY AVERAGE GAIN OF 3% PA.........7 DAYS B4 CHINESE NEW YEAR AND 15 DAYS AFTER FOR THE PAST 40 YRS....!

SO ALL MEMBERS JUST PRAY & TRUST BOTH SANTA CLAUS AND CHOYSUN WILL COME AND PROSPER US LOH....!

CONCLUSION

RAIDER BELIEVE LOH....!
WATCHOUT FOR YEAR END RALLY 2013 -SANTA CLAUS
AND CHINESE NEW YEAR RALLY END JAN 2014 & FEB 2014

Latest fung shiu...study by tukang tilik.......!!
In the year of horse 2014.....W Buffet will be 84 loh......!!
Since W Buffet is born in the year of horse.....the fung shui....expert....the market will run loh...to celebrate good fortune w buffet..........12th life celebration....with the compliment of choy sun loh....!!


Tukang tilik is very bullish loh....!!

ALSO NOTICE GROWTH INVESTMENT....HAS MORE MISPRICE GAMBLE ELEMENT COMPARE WITH BASIC VALUE INVESTMENT LOH.....!!

THE TRICK IS STILL TO BUY THEM CHEAP..!! YES IT IS POSSIBLE LOH..!!.....THATS HOW RAIDER BOUGHT INTO CARLBERG, PBANK.....AT REASONABLE CHEAP PRICE LOH.....!!

THATS WHY RAIDER SAYS....U HAVE NO DISADVANTAGE....IF U STICK TO BASIC VALUE INVESTMENT WITH MARGIN OF SAFETY USING GRAHAM TECH......YOUR SCOPE & COVERAGE ARE MUCH WIDER AND U STILL CAN PICK UNDERVALUE GROWTH AND BLUECHIP STOCK AT BARGAIN PRICE TOO MAH....!!

Posted by stockraider > 2014-04-26 16:21 | Report Abuse

This example illustrates an important point.

The most beneficial time to be a value investor is when the market is falling.

Value investors invest with a margin of safety that protects from LARGE losses in declining markets.

How many value investor could have stayed out of the market in 2007? Did they think the market was overvalued in 2007? Did they predict the GFC?

Investors in a stock expect to profit in at least one of three possible ways:

1. From free cash flow generated by the underlying business, which will eventually be reflected in a higher share price or distributed as dividends.

2. From an increase in the multiple that investors are willing to pay for the underlying business as reflected in a higher share price.

3. Or by narrowing of the gap between share price and underlying business value.


Speculators are obsessed with predicting -guessing the direction of prices.

Value investors pay attention to financial reality in making their investment decisions.

Investing is serious business, not entertainment.

Don't confuse the company's performance in the stock market with the real performance of the underlying business.

THE ABOVE STATEMENT IS VERY TRUE FOR VALUE INVESTOR LOH......!!

RAIDER MAKE ALOT OF BUY DURING EURO CRISIS......IN FACT EVEN CREATE 'RAIDER THE BIGGEST BULL IN INVESTLAH THREAD DURING THIS PERIOD MAH....!!"

AGAIN RAIDER MAKE BIG PURCHASES IN GE 13......WHEN ALOT OF PEOPLE SELLING & STAYING AWAY......!!

WHY RAIDER SO DARING & GO AGAINST THE MKT LEH ?
THE KEY SUCCESS IS DUE TO MARGIN OF SAFETY......WHEN A STOCK......FALL FAR BELOW MARGIN OF SAFETY & THERE IS A MAJOR PANIC...IT IS ALWAYS SAFER TO BUY LOH.......!!

BUT WHEN U BUY.....ALWAYS RESTRICT YOURSELF TO NOT MORE THAN 10% EXPOSURE EACH STOCK LOH......THIS IS HOW RAIDER NAPSHOT 40 IS FORMULATED LOH.....JUST IN CASE....U MAKE .....AN ERROR....LIKE INVESTSMART CALLING TO BUY NESTLE AT RM 68.00 PE 30X LOH......!!

BUT WHAT ABOUT GOOD TIME.....LIKE NOW INDEX AT ALL TIME HIGH & BREAK ABOVE ALL TIME HIGH, WHERE BARGAIN MARGIN OF SAFETY BLUECHIPS ARE DISAPPEARING, WHAT SHOULD U DO ?

1)IF U STILL WANT TO INVEST.....LOOK FOR NEGLECTED SECONDARY & PENNY STOCKS WHICH U STILL CAN FIND THESE COUNTERS STILL HAVE LARGE MARGIN OF SAFETY LOH......!!
2) U CAN COME I3 BLOGS....WHILE WAITING & HOPING FOR MARKET CORRECTION OR HOPEFULLY MARKET COLLAPSE LOH
3) U CAN STILL TRADE LOH.......IN FACT THIS IS A GOOD ENVIRONMENT FOR TRADERS MAH....!!

Posted by nicholasnwh90 > 2014-04-26 16:26 | Report Abuse

Good day, raider!

Posted by stockraider > 2014-04-27 11:49 | Report Abuse

PE THE ESSENTIAL CENTRAL CORE OF INVESTMENT

WHAT IS PE ? THE SHARE PRICE/DIVIDE BY EARNINGS....!!

NOW WE ARE IN BUSINESS LOH....!!
WHY THE SHARE PRICE U ARE GOING TO PAY AND THE EARNINGS OF THE COMPANY U GOING TO BUY NOT IMPORTANT MEH

OF COURSE THERE IS SOME WEAKNESSES IN PE RAIDER ACKNOWLEDGE.....BUT WE STILL NEED TO LOOK AT THIS ELEMENT, PE WHEN ANALYSING THE STOCK, OF COURSE WE STILL NEED TO UNDERSTAND THE LIMITATION & REVIEWING THE AREA OF WEAKNESSES APPLICABLE TO THE STOCK, WHEN VALUING THE STOCK LOH......!!

IN REAL LIFE THERE IS NO PERFECT SYSTEM OF VALUING STOCK.....BUT PE STILL REMAIN A VERY IMPORTANT SYSTEM & CENTRAL CORE OF VALUING STOCK LOH....!!

IT IS THOSE PEOPLE....WHO REFUSE TO UNDERSTAND WHAT IS VALUE.....THAT CALLS PE IRRELEVANT....!!

FOR GOODNESS SAKE PLS DO NOT CALL PE USELESS.....!!

Recently.....SC refuse listing of Vincent Tan(VT) listing of "seven eleven" bcos of high PE loh.....!!
This is bcos....VT privatize..........Berjaya Retail at low PE and List it as high PE as seven eleven....just within a period of 9 mths.......!!

If SC has allowed Seven eleven to be listed at high PE..........VT will make a lot of monies loh.....!!

Why VT can convince......the Instuitional & Public that Seven eleven at high PE....a wonderful buy ?

By playing down on the issue of PE irrelevant....& shifting the focus of business....like what Pace Wu & investsmart did....by directing & generating huge growth & business

U must also understand the constraint & limitation of PE of valuing stock and make adjustment accordingly mah.....!!
The same constraint applies to any other basis of valuing stock too loh....!!

Posted by stockraider > 2014-04-27 11:52 |

Post removed.Why?

Posted by stockraider > 2014-04-27 11:55 |

Post removed.Why?

Posted by stockraider > 2014-04-27 12:06 | Report Abuse

why stockmarket trading is a losers game in the long run ?
EVERYONE....KNOWS.....IF U BUY A STOCK.....AT LOWER PRICE....THAN SELL....AT HIGHER PRICE....!!
SHOULD MAKE MONIES LOH......!!!

BUT WHAT PRICE LOW & WHAT PRICE IS HIGH LEH ?
THE PROBLEM.....IS TRADER IS UNABLE TO ESTABLISH.....WHAT IS THIS PRICES LOH ?
AS A RESULT.....THEY DO NOT HAVE AN ANCHOR.....SO LONG RUN THE MAJORITY .....LOSE MONIES LOH....!!
IN ADDITION....BCOS OF THEIR FREQUENT IN & OUT.....THEY HAVE TO PAY TRANSACTION COST LOH....!!


A SUSTAINABLE SHARE PRICE...SHOULD BE DETERMINED ON BUSINESS LIKE......VALUATION BASIS LOH....!!
THE PRICE....DETERMINE BY BUSINESS LIKE MANNER ON BASIS OF FUNDAMENTAL VALUATION....IS CALLED INTRINSIC VALUE MAH......!!

WHEN THE SHARE PRICE IS FAR ABOVE....THE INTRINSIC VALUE.....LIKE NESTLE RM 68.00 U SHOULD SELL LOH.......!!
WHEN SHARE PRICE IS WAY BELOW INTRINSIC VALUE........LIKE NESTLE RM 30.00 U SHOULD BUY LOH.....!!

IF U OPERATE ON BUSINESS LIKE MANNER....U WILL WIN....IN LONG RUN MAH.....!!!

WHY RAIDER DISCOURAGE STOCK MARKET PLAYERS TO PLAY MKT ON TRADING BASIS ?

U SEE TRADING IS USUALLY A LOSER GAME LOH.....!!
IS BUSINESS MODEL.....IS FORMULATED.....IN THE BASIS OF THERE IS ALWAYS A NEW S.O.O.C.H.A.I WILL BUY FROM U LOH......!!

SO IF U HAVE A BUSINESS.....THAT DEPENDS.....ON CONTINOUS FLOW OF NEW SOO..CHAI...!! DO U THINK THIS BUSINESS MODEL IS SUSTAINABLE ?

IF U PARTICIPATE....& BUY HIGH PRICE.....HOPING.....TO SELL.....HIGHER....DO U THINK....U COULD BE A POTENTIAL.....NEW....SOO...CHAI ?

RAIDER ADVICE TO TRADER....CHECK OUT.....THE TRUE VALUE OF STOCK ON BUSINESS LIKE MANNER B4 U TRADE.......TO AVOID THE LAST SOO...CHAI....RISK LOH.....!!

ALSO PREPARE TO LARI KUAT KUAT LOH......!!

Posted by bsngpg > 2014-04-27 12:14 | Report Abuse

Hi Stockraider : PE
in the perspective of PE, I strongly support your point. PE is the most simple and direct way in evaluating price of one share. Undoubtedly, PE has its own limitation but after assessing its pro and con, it is still rated as the most user friendly way in evaluating a share price. Else why after so many years, many analysts are still using PE as one of the main tool in evaluating share price? Along time, the industry/intellectuals by itself/themselves would automatically scrap those ineffective and keep and practice those effective method and concept. This is one of the “laws of natural”.

Posted by stockraider > 2014-04-27 12:17 | Report Abuse

Raider the Biggest Bull".....this thread....has a lot of significance for new aspiring investor loh....!!

A) Why raider chose the biggest bull....? Is it not....u should play both bull & bear in order to make big monies ?

1)Biggest bull.....mean raider always bias on the bull side mah.....the reason for this....is that klse......the card is stacked with advantage for the bull mah.....!!
For example u cannot short sell stock in klse but can buy long mah.....!!
2) Ben Graham.....margin of safety tech which raider employed with great success loh!!.....u can buy stock anytime, whether u r in bull or bear market as long as there...is margin of safety loh.....!! The emphasis on buying mah.....so again bull loh......!!
3) Low interest rate environment again favor the bull loh.....with interest rate of 0% to 3.5%.....keeping monies in the bank only, looks a bit * loh......!!
4) With printing of monies & inflation looming.......investing in business is the best protection of erosion of purchasing power mah......!!
5) U must understand this world loh....every day population growing, new technology & investment is created...more & more infrastructure is created.....this natural growth mean......buying & buying....more & more goods & services.....therefore more & more goods......again bull loh.....!!

NOTICE THE ODDS & TREND.....IS STACKED TO THE ADVANTAGE......IN THE LONG RUN....THEREFORE....U SHOULD ALWAYS TAKE THE BULL SIDE ON THE LONG RUN MAH......!!


How can you improve your investment returns in stocks?

Taking profit

Profit should be realised from sales of stocks in the following situations:
(I) when the stock is obviously overpriced, or
(II) when the sale of the stock frees the capital to be reinvested into another stock with potentially better return.
(III) When u see the stock u own business deteriorate

Not taking profit in the above situations can harm your portfolio and compromise its returns.
In other circumstances, let the winners run.

Underperforming stocks should also be sold early.

Hanging onto underperforming stocks is costly too.
There is the opportunity cost that the capital can be better employed for higher return.
Also, hanging onto these lack-lustre stocks reduces the overall return of your portfolio.

There are exception
SOMETIME VALUE INVESTOR PURPOSELY BUY INTO UNDERPERFORMING STOCK BCOS HE KNOW....THERE IS AN XTREMELY GOOD VALUE IN HIS PURCHASE .....THAT WARRANT HIM TO TAKE THE RISK....BCOS THE REWARD IS SUBSTANTIAL LOH....EXAMPLE INSAS AT RM 0.43 LOH.....!!


Reducing serious losses

When the fundamentals of a stock have deteriorated, sell to protect your portfolio.

This decision should be make quickly based on the facts and situations, in order to keep your losses small.

YES....IF U BOUGHT....THE STOCK WITH NO MARGIN OF SAFETY.....U LARI KUAT KUAT MAH....!!

Posted by stockraider > 2014-04-27 12:25 | Report Abuse

Why Raider act like an investor but think like a trader ?

It's natural loh......whoever a follower of Ben Graham......famous " Mr Market theory" must act like an investor but think like a trader loh.......!!

He must also arm himself with the ability to value stock and understand the concept of "margin of safety" and the concept of "wide price fluctuation based on Mr Market confidence"

So when Mr Market act irrationally optimistic and offer to buy your stock at a good price ...u should sell to take advantage mah............!!
On the otherhand........when Mr Market act irrationally on the pessimistic side.....and offer to sell to u his stock at bargain prices.......u should buy mah........!!

But most of the time....MR MARKET do not act irrationally (neither optimistic nor pessimistic) ...so u need to act like an investor holding for a slightly longer tern mah....!!

There is NO..such thing of "falling in love with stock & holding on stock forever" ON MARGIN OF SAFETY INVESTMENT, but some jokers hanging on stock like Nestle & Pet Dagang and xtremely high overvalue PE above 30X.......!! Keep on saying at good buy at this level loh..!!

Based on this " Mr Market " concept all raider's napshot 40 portfolio is for trading purpose and for sale, provided MR Market offer a very attractive price mah........!!

FYI Raider although appear in investlah in 2009......as a "gungho investment novice" and make a lot of monies for 2 yrs from 2009- 2011.........Raider call the "1st phase of raider's wealth accumulation"......!!
This 1st phase is quite simple bcos almost all stocks raider bought are at bargain prices !!
Raider using "Leech Tech" with guidance & support of Senior Analyst with the supplementary support of raider's other gang members loh......!!

However the Napshot 40......is the 2nd phase of wealth accumulation.......as this fund is only 1st created in "SEPT 2011" and continue to invest regularly until today......based on raider own initiative mah........!!
This fund did not ride on the bargain basement stock price of 2009 mah......!!

The success of this fund is based on strict adherence on the concept of " Margin of Safety"

Bcos of raider panlai.....and the ability to adapt.......!!
Raider has beaten the bluechips index every year.......more than a mile loh......!!

Posted by chaihuat > 2014-04-27 12:28 | Report Abuse

Why stockraider must end all the sentences with loh mah leh....? Can't you just...

Posted by stockraider > 2014-04-27 12:33 |

Post removed.Why?

Posted by AyamTua > 2014-04-27 12:33 | Report Abuse

chaihuat: i was wondering too only today say ... kikikiki ayam eyes very sharp loh

Posted by stockraider > 2014-04-27 12:43 | Report Abuse

Focus investing versus Diversified investing.

(15 stocks versus 50 stocks in your portfolio)

Focus portfolio. Here are some key findings.

1. When you reduce the number of stocks in your portfolio, you began to increase the probability of generating returns that were higher than the market's rate of returns. Not surprisingly, at the same time, you also increased the probability of generating lower returns.
Focus portfolio of 15 stocks: best portfolio return 26.6%. Worst portfolio return 6.7%
Diversified portfolio of 50 stocks: Best portfolio return. 19.1%. Worst portfolio return 8.6%

2. When you reduce the number of stocks in your portfolio, your chances of beating the market increase dramatically.
Focus portfolio of 15 stocks: 1 in 4 chance of beating the market
Diversified portfolio of 50 stocks: 1 in 6 chance of beating the market.

3. Where the portfolio turnover ratio is high, so are the costs. These costs work to lower your returns.


The above reinforces the critical importance of INTELLIGENT STOCK SELECTION.

If you run a focus portfolio and do not have good stock-picking skills, the underperformance could be striking.

However, if you develop the skill to pick the right companies, then outsized returns can be achieved by focusing your portfolio on your best ideas.

Raider comment,
THE ABOVE IS THE RUBBISH TALK & ITS A MYTH LOH....!!!
IF U REDUCE YOUR STOCK SELECTION FROM 15 TO 50,DOES NOT MEAN U BET BETTER PERFORMANCE LOH....!!
IN RAIDER'S STOCK PORTFOLIO IF RAIDER REDUCE SELECTION.....MY MISSED BIG NAPSHOT LIKE NAIM, FAVCO, DELEUM, HLCAP, PTRAS, PRK CORP, EFORCE ......ETC....LOH.....!!

NEVER NEVER REDUCE YOUR SELECTION....SO LONG AS EACH STOCK.....SATISFY YOUR MARGIN OF SAFETY CRITERIA BET AS MANY AS U CAN FIND LOH.....!!

AS LONG AS YOUR INVESTMENT MODEL GIVE POSITIVE EXPECTED RETURN CONSISTENTLY & WITH GOOD MARGIN OF SAFETY AND ODDS IN YOUR FAVOR GO FOR IT LOH.......!!

IF U NARROW YOUR SELECTION....U RUN THE RISK OF MISTAKE AND MISSING OUT ON NAPSHOT STOCKS WHICH MAY OUTPERFORMED LOH......!!

HOWEVER IT IS ALL DEPEND ON YOUR INVESTMENT STYLE LOH....!

Posted by stockraider > 2014-04-27 12:46 | Report Abuse

Raider's improve version of stockmarket investment loh.....!!

U notice that on normal Raider's core investment tech......is margin of safety mah....!!

But raider.....lately is talking about momentum & tukang tilik prediction loh......!!
Why leh ?
In order to make big monies.....u must capitalize on momentum & tukang tilik prediction mah....!!

When market in a doldrum......u must talk about Fundamental like margin of safety, undervalue , cashflow, low PE, discount to NTA etc loh.....!! (DEFENSIVE PLAY MAH...!!)

When market is going up.....u must be slightly more aggressive.....with emphasis on growth potential of stock & momentum of the stock mah......support & resistance point mah.....!! (OFFENSIVE PLAY MAH...!!)

By capitalizing on all these least resistance criteria BOTH OFFENSIVE & DEFENSIVE.....u can always perform better mah......!!


Lets look to above statement loh......!!

It is true loh......!!

Human come from animal kingdom thru evolution.....& this animal traditional act like herd mah.....!!
The herd like nature of human is fully embedded in our DNA loh......!!

So when Bulfallo charge............they charge & follow together loh......!!
Same as human loh.....when mkt charge, they buy mah.......!!!

Surprisingly a lot of fund manager also act like that mah....share go up only they chase loh.....!!
But share go up chase.....not a bad strategy, as long as there is still got big margin of safety mah.....!!

If U understand the depth herd nature of human.....u understand bull & bear mkt.....!!
U improve your investment return 3 fold mah........!!!

Always think of Margin of safety when u invest loh........!!!

Posted by tonylim > 2014-04-27 12:46 | Report Abuse

Good dey mike

Posted by Cweed > 2014-04-27 12:49 | Report Abuse

Heheheh! I think raider is trying not to sound so CikGu! LOH! Going down to the level of his students, Mah... Hehehe! shhhhh, class in progress leh... Behave!

Posted by rchi > 2014-04-27 12:52 | Report Abuse

Hahaha,very well said raider,charge with the bull when it's charging.
I like your style,defend pun boleh,offend pun boleh...you are an all rounder.

Posted by kheng > 2014-04-27 13:38 | Report Abuse

Raider's condescending style suits poorly educated people like me the most. I love to read his mah/loh/leh pauses which generate clarity in issues he touches on. I truly respect his indepth equity market know-hows which is second to none thus far.

Posted by stockraider > 2014-04-27 20:13 | Report Abuse

This 3 mths penny & secondary Stock move up alot why ?

Nothing special of quality penny remarkable share rise mah.......!!
For 3 yrs in the past......value investors........holding undervalue penny......watching with envy....the rise of bluechips stock like Nestle, Dlady, aeoncr & Pet Dag while the penny stock......languish loh......!!

These days.....it is penny stock turn to perform loh.......!!
Why quality penny rise so much & whereas bluechip up only little bit only leh ?
Bcos very undervalue & got big margin of safety mah......so go up......to catch up loh.....!!


For fundamental investors whether penny, secondary or bluechips are patient investors buy/hold undervalue with margin of safety & prepare to wait for a long time loh.....!!

If u do not have large resources......for this purpose......it is better to employ.....a hybrid tech.....devise by raider....keep watch about 50 undervalue counters with margin of safety & jump in when action or volume appear loh...!

This method allow u to max fast return of course u need to compromise by buying at a little bit higher price loh....!!
But as long as the stock u buy at higher price still got good margin of safety......it make perfect business sense mah...!!

Where to look for margin of safety stock ?
Start with Raider's napshot 40.......!!! U can monitor this counters for action the need of without doing more fundamental research(bcos Raider already done for u mah..!)......jump in when volume & price movement start loh...!!
,

Posted by stockraider > 2014-04-27 20:18 | Report Abuse

Quote from: Baby on November 05, 2013, 12:07:13 PM
Monitor 50 undervalued and jump in when see action ... is first class stupidity strategy baby have ever heard.
U got see Graham give this kind of stupid advise ? no ?
How about Lynch, Buffett, Klarman, Schloss, Greenwald ? no ?
Why no leh ?

Baby doubling net share worth every 3 years since 2002 ... beat all or almost all the other value investors lor.
How baby do it ?

Simply follow Graham and Lynch lesson mar.
U find undervalue stock ... buy and wait lor.
Next month got extra cash ... continue to collect more either same stock or other same undervalue stock and wait mar.

Wait until got movement than jump in ? Yeah right .... onli stupid dam dam will believe this one lor.


RAIDER REPLY,
U MUST UNDERSTAND THIS LOR......!!
BUYING & HOLDING LIKE GRAHAM & LYNCH ARE THE BEST STRATEGY LOH.....!!
BUT IF U DO NOT HAVE ENOUGH MONIES, WHAT TO DO LEH ?
U WAIT FOR THE RIGHT OPPORTUNITY.....U WAIT FOR SIGN & SIGNAL....U LOOK FOR CATALYST MAH....!!
YES....RAIDER ASK U TO WAIT FOR MOVEMENT TO JUMP IN.....BUT STILL U MUST MAKE SURE, U BUY WITH ADEQUATE MARGIN OF SAFETY WHEN JUMP IN MAH.....!!

U JUST LOOK.....AT RAIDER'S CALL RECENTLY LOH......!!
RAIDER TAKE POSITION LONG TIME AGO.....USING MARGIN OF SAFETY .....FUNDAMENTAL INVESTMENT LOH....!!(RAIDER CAN DO THIS BUY & WAIT BCOS GOT VERY BIG HOLDING POWER)
BUT WHEN RAIDER SEE....SIGNAL....IT WILL MOVE.....SO RAIDER.....MAKE BULLISH JUMP IN CALL.....ALOT PEOPLE MAKE MONIES WITH THIS APPROACH TOO MAH....!!

EFORCE, TAFI, KSENG, ALL MAKE ALOT OF MONIES IF PEOPLE FOLLOW MAH....!!

Posted by stockraider > 2014-04-27 20:22 | Report Abuse

Conservative Public view,

Successful investing goes hand in hand with productive worrying. Worried that a stock you hold might fall sharply? Reduce your holdings or buy some puts. Concerned that interest rates may rise or the dollar fall? Establish an appropriate hedge. Worried that the stock you bought on a tip might be a bad idea? Sell it and move on. Worry enough during the day and you can, in fact, sleep justifiably well at night.

All of us are subject to biases that can impair our objectivity in investment decision-making. Striving to overcome these biases is crucial for long-term investment success.
- Have we been too optimistic in our assumptions?
- Have we blindly ignored new information because we are clinging too tightly to our original thesis?
- Have we held onto an investment because it keeps going up, irrationally ignoring that it has become overvalued?

Without a healthy dose of reflective worry, we are unlikely even to identify our lapses in judgment, let alone correct them.

In other words, only by actively, productively, relentlessly worrying about what can go wrong can we maximize the odds that things will go right, by doing everything within our control to perfect our decision-making.

You rarely, if ever, make money from worrying; it does not typically enhance return. But by avoiding loss, you are able to hang on to what you have accumulated, which is a cornerstone of successful investing.

RAIDER VIEW & ADVICE,
U SHOULD NOT WORRY ABOUT FINANCIAL CRISIS, POLITICAL TURMOIL IN INVESTMENT LOH....!!
RAIDER SEE ALOT OF INVESTOR WORRY.....BUT THIS IS A WRONG INVESTMENT TECH.....IT PREVENT U FROM MAKING GOOD MONIES LOH....!!

IN INVESTMENT U ONLY.......NEED TO MAKE SURE U BUY UNDERVALUE, QUALITY SUSTAINABLE EARNINGS, LOW GEARING WITH BIG MARGIN OF SAFETY LOH......!!
HOLD IT FOR LONG TERM MAH.....!!
STICK TO THIS INVESTMENT PRINCIPLE.....U R SET FOR LIFE LOH.....!!

Posted by stockraider > 2014-04-27 20:25 | Report Abuse

Financial Genius in a Rising Market


It is good to have friends who are smart intelligent investors.
These people are fun to meet.
They share precious personal knowledge and experience.
On many occasions, you can coattail on their hardwork profitably.
At times, they prevented you from committing an obvious investing mistake.

How to spot these smart intelligent investors?
Yes, they maybe of any ages.
The younger investor maybe smart, but it does take time to build up an experience.
Seek out those in their 50s or older with a good track record.
There are many who invest in the market;
a record they do have but not that of the truly committed smart intelligent investor.

The truly smart intelligent investors are those with a record of good total return accumulated over MANY years of investing.
They are passionate, hardworking and perhaps well-networked.
They have a philosophy and strategy.
They may even sound boring as they are so predictable.
They are not many but not rare.
Make friends with them.
Rub shoulders with them.
There is little to lose and a lot more to gain.

Of course, beware the financial genius in a rising market.
As the saying goes, when the tide recedes, many of them are found swimming .
BUT IF U ARE NOT SO NAIVE, U WOULD NOT GET CAUGHT LOH.....!!
USE RAIDER MARGIN OF SAFETY INVESTMENT SYSTEM & CHEAP QUALITY GROWTH INVESTMENT TECH LOH....!!
IT IS HERE AVAILABLE FREE FOR U LOH........!!

ALTHOUGH IT IS NICE TO HAVE MANY MANY GOOD INVESTMENT COMRADES.....LIKE RAIDER'S SENIOR ANALYST, TUKANG TILIK, 009 INVESTIGATION TEAM AND KUDA TILIK, BUT U MUST PREPARE LOH......BUT A TRULY VERY GOOD INVESTOR......NEED TO WALK A LONELY INVESTMENT JOURNEY LOH....!!
U NEED TO BE PREPARE TO BE A LONE RANGER ONE DAY LOH......!!

Posted by stockraider > 2014-04-27 20:34 | Report Abuse

Investmentsmart,
Interestingly, Ken Fisher likes to look at the emotions of greed and fear in investing in another way.

He talks of pride and regret.

When raider makes a lot of money from his shares, he talks with a lot of pride.

On the other hand, should he loses in a stock, he expresses regret.

Ken Fisher writes that the investors' behaviour are aimed at accumulating pride and shunning regret.

He opines the stock market is "The Great Humiliator" that does not discriminate.

Many sources say investors are motivated by greed and fear. Behaviouralists would disagree and suggest investors, and through them markets, aren't driven by greed and fear, but by humanity's drive to accumulate pride and shun regret. It just comes out as greed and fear.

Raider comment,
Actually some of ideas brought up by KEN is more towards the thinking of momentum traders & speculators loh.....!!
If Philip Fisher....the father is alive 2 day.....he will give this KEN a big scolding loh.....bcos has has move too far away from fundamental investor loh.....!!

Raider....make use some of KEN ideas using the 3 Question hypothesis......!!
This strategy is useful bcos it give insight of how the market behave loh.....!!

Finally on the issue accumulating pride & shunning regret.....it should not be the way loh.....!!
In Investment must be Yin -Yang balance......that mean.....u must learn from both success & failure loh.....!!

Especially failure....u need to be put more effort loh.....!!
The 1st thing....of learning from failure is to acknowledge it & be regretful....learn what when wrong mah....!!
Improve on it loh......!!

Posted by stockraider > 2014-04-27 20:36 | Report Abuse

Points from Buffetology-A RAIDER CRITICAL ANALYSIS

Buffet’s main thrust has been to let stocks grow (and never sell it). Here are some points:

-Buy stocks that you never want to sell; when you get a good business, buy for life ....YES THIS SHOULD BE SUSTAINABLE BUSINESS & PREFERABLY GROWING TOO LOH....!

-Ideal purchase: buy more of what you already like and have because the price is right. CORRECTLOH WHAT U HAVE BCOS U UNDERSTAND IT MORE LOH..!

-To understand a company, understand its products, its competition, and its earning power.. AGAIN UNDERSTAND THE BUSINESS U UNDERSTAND ITS TRUE VALUE LOH.....!!

- The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price..YES BUY WITH MARGIN OF SAFETY MEANS BUYING RIGHT & HALF THE BATTLE WON!!

- Never invest in a business you cannot understand....U CANNOT UNDERSTAND...HOW CAN U EVALUATE RISK V REWARD ?

- Risk can be greatly reduced by concentrating on only a few holdings.....THIS RAIDER DISAGREE LOH....!! CONCENTRATION HIGHER RISK TRADEOFF WITH POTENTIAL HIGHER RETURN LOH....!!

- Stop trying to predict the direction of the stock market, the economy, interest rates, or elections...YES DON PREDICT.....RAIDER TIPS......IS THE LONG RUN MKT IS ALWAYS UP LOH....!! BCOS ECONOMIC & POPULATION GROWTH MAH......!!

- Buy companies with strong histories of profitability and with a dominant business franchise...CORRECTLOH...BUT DO NOT OVERPAY LIKE PE 30X LOOK VERY HIGH LOH....!!

- You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right....ALWAYS BELIEVE IN YOUR FINDINGS LOH.....!!

- Be fearful when others are greedy and greedy only when others are fearful. CONTRAIAN INVESTMENT....IS THE RIGHT APPROACH LOH.....!

- Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market...GO FOR THE LONG HAUL IF U HAD DONE YOUR HOMEWORK MAH....!!

- It is optimism that is the enemy of the rational buyer...DO NOT GET CARRIED AWAY & OVERPAY LOH....!

- As far as you are concerned, the stock market does not exist. Ignore it....GO FOR LONG TERM....NO NEED LOOK AT THE PRICE QUOTE EVERYDAY LOH.....!!

- The ability to say ’’no’’ is a tremendous advantage for an investor....WAIT FOR FAT PITCH....U DON HAVE TO JUMP IN LOH.....!!

- Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell. DISCIPLINE......DISCIPLINE LOH.....!!

Lethargy, bordering on sloth should remain the cornerstone of an investment style. .....IF U R A LONG HAUL GO SLOW LOH.....!!

- An investor should act as though he had a lifetime decision card with just twenty punches on it. PLACE YOUR BET WHEN REWARD IS THE HIGHEST & RISK IS THE LOWEST LOH.....!!

- Focus on return on equity, not earnings per share. ....HIGH ROE GOOD BUT RAIDER SAYS HIGH EPS EVEN BETTER LOH.....!! A HIGH EPS MEANS.....HIGH POTENTIAL VALUE......THE CENTRAL CORE OF INVESTMENT LOH.....!!

- Look for companies with high profit margins.....HIGH PROFIT MARGIN....MEANS BUSINESS DURABLE.....20% MARGIN MEANS REASONABLE GOOD LOH

- Buy a business, don’t rent stocks.....GO FOR THE BUSINESS....INVEST BUSINESS LIKE....MEAN GOOD BUSINESS MODEL LOH.....!!

- Wide diversification is only required when investors do not understand what they are doing. WHETHER U LIKE IT OR DON LIKE IT....NO HARM DIVERSIFY......BUT ALWAYS UNDERSTAND THE BUSINESS U BUY LOH....!!

- An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.....INVEST IN GOOD BUSINESS FOR LONG TERM

(extracted from various books on Buffett including ’’Buffett: the Making of an American Capitalist’’, ’’Buffettology’’, ’’The Warren Buffett Way’’ and ’’Of Permanent Value’’, ’’Thoughts of Chairman Buffett : Thirty Years of Unconventional Wisdom from the Sage of Omaha’’)

Posted by stockraider > 2014-04-27 20:39 | Report Abuse

HE DRAWBACK OF MARGIN OF SAFETY INVESTMENT.
Although Raider had been preaching, preaching.....margin of safety & undervaluation when u invest in stock.....but there is also a drawback.......the stock which u bought undervalue......but can be continue undervalue & forever undervalue loh..!!

How to overcome this problem ?
1) Jump in quickly when the stock show strength & moving up
2) Buy when there is a catalyst which warrant a rerating like new shareholder, new business, new management, improve profits, disposal of assets, new contracts etc
3) Diversify your buy loh......that's why Raider use Napshot 40 and not Napshot

IT IS UNDERSTOOD LOH.....ESPECIALLY FOR NEWBIES WHO GOT STUCKED ON THE STOCK......WHO INVESTED IN A STOCK BASED ON MARGIN OF SAFETY LOH......!!

FOR A LAYMAN.....U ONLY MAKE MONIES.....IF U BUY SOMETHING SAY FOR RM 0.10......BUT THEN U MANAGE TO SELL FOR RM 0.12.......THE DIFF IS CALL " PROFIT LOH " !!

4) SO TO IMPROVE NEWBIES CHANCE OF SUCCESS......RAIDER SUGGEST.....U TRY TO BUY COUNTERS THAT PAY DIVIDEND TOO LOH......!! SO THAT WHEN U GOT STUCKED.....AT LEAST THE STOCK IS PAYING DIVIDEND TO U, WHILE U WAIT MAH.......!!

5) FINALLY RAIDER ADVOCATE.....U BUY QUALTY PENNY TO IMPROVE YOUR CHANCE FURTHER LOH....!!
WHY QUALITY PENNY LEH ? BCOS PENNY STOCK IS CHEAP......VERY EASY TO PROMOTE.....TO GET ........BUYERS BCOS OF THE CHEAP ENTRY COST LOH......!!

I HOPE U ALL LEARN THE ART OF MAKING MONIES FROM RAIDER HERE LOH.....!!
RAIDER STOCK INVESTMENT IS LEARN FROM MANY MANY SIFU OVER MANY MANY YEARS.....BUT RAIDER DON MIND SHARE WITH U ALL LOH...!!

Posted by stockraider > 2014-04-27 20:40 | Report Abuse

RAIDER INVESTMENT THESIS

UNDERSTAND THE "BLESS AND CURSE OF LISTING LOH"!!

IN ORDER TO MAKE BIG BIG MONIES.......AN INVESTOR NEED TO UNDERSTAND THE BLESS & CURSE OF LISTING LOH.......!!

GENERALLY.....PEOPLE......THOUGHT.....G OING TO ROUTE OF LISTING......IS $$$$$$$$$ PROFIT LOH.....!!
THEREOTICALLY LISTING WILL REAP THE REWARD OF CAPITAL GAINS AND PREMIUM ON VALUATION.....!!

HOWEVER DUE TO MANIA DEPRESSIVE NATURE OF STOCK MARKET......SOMETIME IT CAN RESULT.....IN THE STOCK TRADING.......WAY BELOW ......ITS FAIR VALUE LOH.......!!
UNDER SUCH CIRCUMSTANCE........RAIDER TERM IT AS "CURSE OF LISTING LOH"

A MANIAC.....DEPRESSIVE PRICE......CAN MEAN......2 THING :
1) MARKET IS RIGHT IN PERCEIVING THE POOR VALUE OF THE STOCK AS A RESULT IT RIGHTLY ACCORD IT A VERY LOW MARKET PRICE.
2) MARKET IS WRONG IN PERCEIVING THE POOR VALUE OF THE STOCK AS A RESULT IT WRONGLY ACCORD IT A VERY LOW MARKET PRICE .

THE OBJECTIVE OF VALUE & MARGIN OF SAFETY INVESTOR.....LIKE A DOCTOR....MUST ANALYSE & DIAGNOSE.....SITUATION LIKE IN ITEM 2 IN OTHER TO MAKE GOOD MONIES LOH......!!

ALTHOUGH MARKET MAYBE WRONG.......HOWEVER SOMETIME......IT TAKE A VERY LONG TIME .....TO REALIZE....IT MAKE A MISTAKE LOH......!!

ONCE MARKET REALIZE IT MAKE A BIG MISTAKE.....THERE WILL BE A CATALYST......THAT WILL TRIGGER THE MARKET PRICE.....THE SHARE WILL BE RERATED UPWARDS LOH......!!

SO FOR A VALUE INVESTOR.....HE MUST BE PATIENT & DISCIPLINE TO WAIT FOR THE RERATING LOH.....!!

THAT IS HOW COMA INVESTING COME ABOUT LOH......!!

Posted by stockraider > 2014-04-27 20:42 | Report Abuse

The Only Three Questions that Count: Investing by Knowing What Others Don't is a book on investment advice. It was released in December 2006 and spent three months on The New York Times list of "Hardcover business bestsellers" .[1] It was also a Wall Street Journal and a 'BusinessWeek best seller.[2]

In the book, Fisher says that because the stock market is a discounter of all widely known information, the only way to make, on average, winning market bets is knowing something most others don’t. The book claims investing should be treated as a science, not a craft, and details a methodology for testing beliefs and uncovering information not widely known or understood. The book’s scientific method consists of asking three questions:

EXAMPLE RAIDER CONTEXT
1.What do I believe that’s wrong?....RAIDER DUTA WITH ITS PLANTATION....WILL BE SOLD....AT HIGH PRICE & WILL MAKE BIG PROFIT.....!! RAIDER IS WRONG SO CUT LOSS LOH.....!!

2.What can I fathom that others can’t?......RAIDER THINK EURO CRISIS.....WILL NOT IMPACT THE STOCK MARKET...IN THE LONGER RUN.....RAIDER CORRECT LOH....!

3.What is my brain doing to mislead me?....THE CHINESE(ESPECIALLY ALOT OF RAIDER HIGH POWERED FRIENDS)....BCOS OF TOO EAGER TO SEE A CHANGE OF GOVT.....AS A RESULT THEIR BRIAN HAD MISLEAD THEM.....THAT PAKATAN WILL WIN IN THE GE 13 ELECTION...AS A RESULT...THEY SOLD DOWN ALOT OF STOCK....LOSS ALOT OF MONIES IN THIS PROCESS LOH....!!

The first question addresses common investing errors, the second shows how to try and find bettable patterns which others may misinterpret, and the third deals with behavioral finance, pointing out cognitive errors such as overconfidence and confirmation bias.

Other issues covered include high P/E ratios; debt; the federal budget, trade, and current account deficits; the U.S. dollar; high oil prices; emerging markets; gold; and the U.S. economy.

Book reviews have also appeared in the Financial Times, which stated "you get the impression that its author, Ken Fisher, does not often find himself short of things to say. The stream of consciousness that flows through the book can be distracting but it is impressive and certainly never dull."[3] Forbes Magazine which said "Fisher's key insight is that investment is not a craft that can be mastered by merely accumulating information."[4] and Canada's National Post which says that the book " dispels more than a dozen ... myths".[5]

RAIDER SAY....THIS IS A GOOD BOOK ON INVESTMENT PSYCHOLOGY....GO & READ LOH....!!

Posted by nicholasnwh90 > 2014-04-27 20:57 | Report Abuse

Thanks Raider!

Posted by Icon8888 > 2014-04-27 21:46 | Report Abuse

Every now and then I will pop in here to look for stock tips. A lot of interesting ideas

Posted by optimus7 > 2014-04-27 21:51 | Report Abuse

3.What is my brain doing to mislead me?....THE CHINESE(ESPECIALLY ALOT OF RAIDER HIGH POWERED FRIENDS)....BCOS OF TOO EAGER TO SEE A CHANGE OF GOVT.....AS A RESULT THEIR BRIAN HAD MISLEAD THEM.....THAT PAKATAN WILL WIN IN THE GE 13 ELECTION...AS A RESULT...THEY SOLD DOWN ALOT OF STOCK....LOSS ALOT OF MONIES IN THIS PROCESS LOH....!!


raider has many interesting ideas... true. i know of this Bandar U boss. staunch supporter of pkr. sailang all in pkr during last GE.
another one i donno but make this silly mistake is supermax la. businessman ought to think like a businessman and not gambling in politics. the shrewd businessman are always friendly to both party and support both party behind the scene.

why? businessman owes it to their shareholder, private or public, to deliver bottomlines, its their fiduciary duty. nothing other than that.

Posted by simwyatt > 2014-04-27 21:53 | Report Abuse

Wakakaaka. Optimus go into attack mode!! Attack Raider, attack!! Wakakakaka.