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 CFA program, I need some info... curious

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htt
post Nov 16 2009, 10:04 AM

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QUOTE(SKY 1809 @ Nov 16 2009, 09:59 AM)
Both train people to be Kaisu and kaisi.

In the end , after finishing the course, you think only Public Bank is the stock is qualified to buy.

Of course, if you are under employment, you may need to say lot of things beyond your conscious.

By the way, i do not have any CFA. cool2.gif so I can  just simply buy.
*
Haha... sometime that's true also...
The more you know -> the more you don't know;
the more you don't know -> the more you scare;
the more you scare -> the more you not dare;
the more you not dare -> the more you lose out tongue.gif

The trainings provide you with better bottom line (cover backside by kiasi & kiasu), but no better up line tongue.gif
debbieyss
post Nov 16 2009, 10:05 AM

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QUOTE(SKY 1809 @ Nov 16 2009, 09:59 AM)
Both train people to be Kaisu and kaisi.

In the end , after finishing the course, you think only Public Bank is the stock is qualified to buy.

Of course, if you are under employment, you may need to say lot of things beyond your conscious.

By the way, i do not have any CFA. cool2.gif so I canĀ  just simply buy.
*
That's true.
Sometimes loving something doesn't have to go deep into it. Just know the surface may have tremendous fun, too.

But I don't agree that pursue knowledge is a form of "kiasu" or "kiasi". Unlike those teenage and fresh grads after secondary school, it actually takes up courage to pursue another course when you're already an adult with responsibilities and reliabilities.

This post has been edited by debbieyss: Nov 16 2009, 10:06 AM
SKY 1809
post Nov 16 2009, 10:13 AM

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QUOTE(debbieyss @ Nov 16 2009, 10:05 AM)
That's true.
Sometimes loving something doesn't have to go deep into it. Just know the surface may have tremendous fun, too.

But I don't agree that pursue knowledge is a form of "kiasu" or "kiasi". Unlike those teenage and fresh grads after secondary school, it actually takes up courage to pursue another course when you're already an adult with responsibilities and reliabilities.
*
Kaisi or Kaisu in the sense you feel that there is no stock worth to buy at Bursa. None will meet your " selection " of stocks

HTT should know what am I talking.

" The more you know the more you do not know "

This post has been edited by SKY 1809: Nov 16 2009, 10:15 AM
debbieyss
post Nov 16 2009, 10:36 AM

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QUOTE(SKY 1809 @ Nov 16 2009, 10:13 AM)
Kaisi or Kaisu in the senseĀ  you feel that there is no stock worth to buy at Bursa. None will meet your " selection " of stocks

HTT should know what am I talking.

" The more you know the more you do not know "
*
I get what you mean.

I'm taking the course not because I want to pick the right stocks and earn money. I just want to understand the economics better.

And I do agree the more you know, the more you actually don't know. But then again, if everyone having this theory in mind and think that courses are not worth to go for to enhance knowledge, then what's the initial purpose of study, right?

This post has been edited by debbieyss: Nov 16 2009, 10:47 AM
htt
post Nov 16 2009, 11:06 AM

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QUOTE(debbieyss @ Nov 16 2009, 10:36 AM)
I get what you mean.

I'm taking the course not because I want to pick the right stocks and earn money. I just want to understand the economics better.

And I do agree the more you know, the more you actually don't know. But then again, if everyone having this theory in mind and think that courses are not worth to go for to enhance knowledge, then what's the initial purpose of study, right?
*
Okok... personal opinion...
I not regretted having such knowledge, because sometime it's kind of fun when you notice something going not so right in a company while others keep rushing in while you stay still, later the whole thing bust and proven you are right on your decision, also when you notice something is seriously undervalued while other dump that in panic, later proven you are right; I not trying to be mean, and often I erred in decision like that and missed opportunities (that's why sky means, he not trying to be mean either tongue.gif ).

Being better equipped with knowledge reduce damage that might happen to you, but that also limit the upside you are going to get, because if you stay rational while market going irrational, chances are you underperformed market. But you might be able to sleep better tongue.gif

Just my 2 cents.
SKY 1809
post Nov 16 2009, 11:40 AM

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QUOTE(htt @ Nov 16 2009, 11:06 AM)
Okok... personal opinion...
I not regretted having such knowledge, because sometime it's kind of fun when you notice something going not so right in a company while others keep rushing in while you stay still, later the whole thing bust and proven you are right on your decision, also when you notice something is seriously undervalued while other dump that in panic, later proven you are right; I not trying to be mean, and often I erred in decision like that and missed opportunities (that's why sky means, he not trying to be mean either tongue.gif ).

Being better equipped with knowledge reduce damage that might happen to you, but that also limit the upside you are going to get, because if you stay rational while market going irrational, chances are you underperformed market. But you might be able to sleep better tongue.gif

Just my 2 cents.
*
I remember my Master in Investing ( lecturer ) used to say .

The harder you try to find a " Successful trading system" in Share Market, the more unhappiness you are.

After all your efforts, the worst thing finally after a long period of time , you discover there is NONE.

You could be more educated than Ahmad or Ah Beng, but in fact he is making more money than you.

I think both of us from the Confucius School of Thought.

We are the minority . brows.gif

This post has been edited by SKY 1809: Nov 16 2009, 11:49 AM

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