Yes, it was actually a quote aimed for people doing company valuations (corporate finance, value investors, IPOs etc). Since my company wouldn't allow me to invest in stocks (I work in an asset management company, go figure...), I can only invest in unit trust. So listening to stories won't help much in my own personal investment. In investing in unit trust, I can only go as far as thematic unit trusts if I want to target certain sectors.

In the end, to each their own I guess. Different people would have different investment philosophies. Whatever works towards achieving your objectives.

both sides die die want justify.. my suggestion is do whatever you wanna do, as long as you're happy

True, institutional investors most probably will select good ones from the list and go shopping like crazy.

i dont think people would be active in both.. i for one would only be active in one only.. and since people are already here, i might as well just talk here... not that im that active anyway hahaha