, patience like your avatar.

Market will become more unpredictable....probably will shed away some trader.

Honestly, I am one of it. Prediction? Ermm no prediction at all. See the price I like, buy lo. See the price I love, buy a lot lo. Impossible can predict one.

Wah many value investor, long term investor turn out to be short term trader already.
Sound fun right? xD

market not yet reach euphoria mode la, but arguably in quite optimistic I guess?

, I am trying to getting rid of value syndrome.

One simple reason is that this approach more often you can 20 - 50% if you get corrected, but rarely people will put concentrated amount of wealth in those stocks.

Applying uncle buffet's one of his famous quote : " it better to buy wonderful company at fair price rather than fair company at wonderful price."

but can't even found 1 blue chips that I like the price in here now

see how people define lo. Like doing FA or TA, different people see different things mah.
maybe there are some blue chips at least at fair price, just I dunno.
keep finding and finding. Here don't have go other market lo...earning other place while waiting.

Maybe market will go into euphoria mode, who knows. Let me wait another few years, I also no problem.

Yeap, probably you're right.

But honestly if put significant of money in Reits, I just feel I could do more better (I wish).

Many of the small/medium caps in malaysia. Honestly I don't think I dare to put significant amount of my wealth...Just play and run away as always ( I need to watch them over them )

It turn out to be only aiming those highly priced blue chips.

My portfolio grown bigger, buying good company with minimal supervision become first preference.
while investing in these really wonderful company, people can focus on their own career too.

You're right,true blue cheap indeed occurs once or twice in decade. Even in downturn panic market, the price probably slighty below its fair value...

This post has been edited by foofoosasa: Apr 6 2013, 10:59 AM

Really busy something else recently.
don't have much time to hunt those mediocre company with good valuation.
Thanks for the tips dude, will have a look on it.

This post has been edited by foofoosasa: Apr 6 2013, 07:52 PM

Yes not all blue chips are wonderful company, this I absolutely agree.

But the flaw of value investing by buying mediocre undervalue companies and selling when it reach the value, value investor still have to "guess" whether the value will keep increasing in future years.

Let say you bought one undervalue mediocre stock, once the price reach your value ...you still have to guess whether the value won't be increasing next few years. This will cause scenario like sell to

early or sell to late. And let say you're prudent enough, sell whenever it reach your value, personal experience from myself can tell how much not worth of your effort if you're only invest with little amount because of the reasons below:

1) first you still have to track what happen inside the company, track any sensitive price information announcement made by the company.
2) Not all business are easily foreseeable for the next 5 to 10 years.
3) It can be undervalued for so long that, less trader causing the stock have inadequate liquidity.

The main reason why I turn into buy and hold approach simply because reason no.1 and no.2.

Point number 1 if the company having a good volume trading, this usually happened after the stock become "famous", value investor who managed to pick it before it become famous....so what are the decision now? Sell , hold or buy? With value investor mindset usually this value syndrome mentioned by you last time, usually buy will not be the option. Left hold or Sell option. End up you either have to sell it earlier than everyone which expecting the value of the company probably will stuck there for a while, or another option that value investor have to compete with trader by to avoid value trap. In short, really time consuming....

Point number 2 is the reason why people probably put very less % of their total portfolio in the money. The real example will be our malaysian version of guru, Coldeye. Holding a lot of undervalued stocks with frequent monitor because of so many stocks holding as the fund grown bigger. Very time consuming too.....but probably better option for full time investor.

What my view is say that when someone portfolio getting bigger...which approach will probably better for someone less time to monitor.

, seems like you have so much times to watch three market

Haha.. my heartbeat also jupm very fast these two weeks. In Hk,Wiped out all my gain and start to eat my capital. But I tell myself need calm down.
Since you interested in hk, should be your time to buy more already.
But I am sad the post ge effect here not what I am expected

A lot of foreigner there , the "guai lou" cannot live without beers.

better for goreng?

I also curious why ppl dare to do so? unless too much money?

Your theory apply to those average and poor person who couldnt afford make serious mistake in stock market too.

Poor fag like me

This post has been edited by foofoosasa: Apr 11 2013, 09:33 PM

Impossible to know one la, who fool who? I also have seen plenty of stocks drop like no tomorrow. After 3 months lose 60-80% of the value.

If share price movement have rationality, all the traders will be rich. all those value and long term investing etc can throw to sea already.

unless u know insider news la, then diff story

Maybe? But usually person A or B either one must be significant holder in XYZ companies. Significant Investor have to declare their activity . If the person is holding less than 5 %, quite unlikely to control the share price. Unless there not many trader or investor interested in the stock? Even so the company itself may interfere in many occasion.

I would say some penny stocks, bad fundamental and don't have liquid stock volume would be easier to do so.In good fundamental or "popular" stock?I Doubt whether it can be manipulated that easily.

But this kind of manipulation of stock price should be supervised by Bursa. But I doubt do bursa really care about all those insider trading / stock price manipulation

Just my opinion, correct me if I am wrong