Apparently ur lacking in this area called manners. Now I've shown u the good will to explain to u my perspective, if u cant take ur head out of ur ass to smell the fresh air then its just ur loss.

Public Bank was trading at RM6,50 for several years before it broke into RM7, there was no "entry price", u saw it going up and bought it, the priod before that it was LOWER than RM7, so how is it ur entry price is higher than the average price at the time? U got lucky. Pure and simple, and it was luck that came from watching a stock rise. When I said the technique of taking shares that is simple, I assumed that u bought it DURING THE DIP, which u didnt, u bought it when it started rising. So where is the technique? You saw a blue chip company and u thought it was good, and u bought it and got lucky. Saying that the whole field of investment is obsolete because u got lucky ONCE is just so ridiculous its hardly even worth debating.
The SMALL companies are where the 10x are at. You have neither the capacity nor the knowledge to be able to run research on these shares, so u say its useless. Your public bank's return over 5 years is a little less than 15%. It's nothing to shout about, and like I said, it had a lot to do with luck.
By saying that a stock provides regular dividends matching the fixed deposit I am "buying and praying"? Buying and praying is when u buy in with no knowledge of the company and hope it goes up, well im sorry but isnt that what u did? As opposed to my in depth research, which btw u also acknowledged?, btw my return is around 90% in less than a year, thats more than 4 times urs.
So if ur house is GOOD ENOUGH, u dont want to get a better house? If you can walk 10 km it is good enough? U dont need transport right? BTW, the technique I acknowledged as SIMPLE AND EFFECTIVE, was buying blue chips on dips, thats not what u did. So u have no business saying that. Since u got lucky.
Ur ignorance is just mind boggling. u want 10x and 20x returns? Well Im sorry but that doesnt help without waiting for a long time and putting a great deal of time into SPECULATING. There is no research that can guarentee u a stock will move up 10x. it's just not something that can be done consistently. LOL
But on the flipside, let me just tell u what doubling 10 times can do to RM10k, it adds 3 zeroes behind it, RM10,000,000. Now does that sound attractive enough to u?
Well, let me tell u why its better.
1) It doesnt rely on luck, its backed by FACTS and plans.
2) It provides u with the know how to go in BIG. If ur not sure ur not going to put in ur hard earned money are u?
3) It is CONSISTENT, which means the returns can be COMPOUNDED.
4) AGAIN, u have no "KISS" approach, just because u got lucky once doesnt mean that u can keep doing it. Where were u when the market went down 50%?
5) Doubling works by doubling ur money, if u can double ur 40k 3 times, u will have 320k. Are u telling me thats not worth it?
6) Of course this sort of research takes a lot of time to LEARN, applying it is simple.
Anyway Im just enjoying this, so excuse me for hijacking the thread.

I would say there is never right or wrong in investment.

If one has lesser risk appetite, then settle for a 5-8% return rate, which invest in big cap or bond area, then it is "right" for him/her

If one has higher risk appetite, then want to chase for 20-30%, then opt to invest in second liners, smallcap or whatever riskier asset, then it is "right" for him/her also.

We cannot say the 20-30% potential gain asset is better than 8% one, as the risk associated with is different to start with.

Just invest suit to individual risk appetite and preference. Investment is never a 1+1=2. There are plenty of unforseen circumstance or some risk we never expect nor foresight, as future is never known. 

We always welcomed any taught/opinion, which is beneficiary to all which open out our mind, view regarding the investment field. 
The more we know how others invest, the more better we equip ourself.

Some experience investors may totally dislike glc, which is understandable. (Just need to look through the historical performance of GLCs stock, then explain it all)
Some experience investors may not prefer smallcap, which is understandable. (Look back second board counter history as well as Mesdaq)
Some may opt to his/her own liking stocks, which is understandable (because over the decade, they consistently give good dividend, and improving)

Having said that, surely not all counters as above mentioned perform the same or has poor performance one, as there is never a generalising case.

But there is nothing wrong with their personal experience and opinion.
Everyone come out with opinion has their own reason, and experience associated with it.

The most important is to look why others have such an opinion. One not necessary agree with the opinion, but look through why there is such opinoin arise is always good and beneficiary in term of future decision making, and serve as own reminder.