tag:blogger.com,1999:blog-2011194091106156925.post2429408655042621671..comments2024-03-29T00:25:09.172-07:00Comments on Sillyinvestor: My take on grouses of value investingUnknownnoreply@blogger.comBlogger15125tag:blogger.com,1999:blog-2011194091106156925.post-1937477752436856122016-07-18T06:13:46.775-07:002016-07-18T06:13:46.775-07:00I used to stock trading but I started value invest...I used to stock trading but I started value investing after attending some value investing seminar and workshop a year after financial crisis. it is fruitful.Value Investing Singaporehttp://valueinvestingsingapore.sgnoreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-83461922546364049042015-03-09T07:34:34.790-07:002015-03-09T07:34:34.790-07:00http://en.wikipedia.org/wiki/Thai_Canalhttp://en.wikipedia.org/wiki/Thai_Canalyehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-68508330548271797492015-03-09T07:26:51.184-07:002015-03-09T07:26:51.184-07:00https://www.youtube.com/watch?v=GlyZmlQYuoY
https...https://www.youtube.com/watch?v=GlyZmlQYuoY<br /><br />https://www.youtube.com/watch?v=Wxj7QVBs6pg<br /><br />will this succeed and effect singapore economy?yehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-73123666003444424702015-03-09T04:01:46.047-07:002015-03-09T04:01:46.047-07:00Hmm..
SMOL,
It sure feeli different when I am re...Hmm..<br /><br />SMOL,<br /> It sure feeli different when I am reading your post. Ok, what am I. If money grabber does not satisfied u or that u consider cheating,then maybe a value investor wannanbe. <br /><br />I did not act all that I know.. <br /><br />I am impatient. I do not have a warchest. I might increase cash holding from time to time, but seldom I have more than 30% cash. If we exclude the cash component of cash backs of endowment policies ( not a lot anyway) <br /><br />I give my take, did I give the source, nothing is really original from head to toe,<br />Isn't it?<br /><br />Btw... Next Monday free, come to sentosa k.. <br /><br />Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-55499439055929720152015-03-08T17:44:00.667-07:002015-03-08T17:44:00.667-07:00Wow B,
I am impressed that they didn't even ...Wow B, <br /><br />I am impressed that they didn't even nibble during on break of euro crisis... <br /><br />Munger in making, your friends Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-45145270509901078042015-03-08T17:37:21.823-07:002015-03-08T17:37:21.823-07:00Sillyinvestor,
1. Grasshoppers have no feathers....Sillyinvestor,<br /><br />1. Grasshoppers have no feathers. I don't see any difference between you post and mine??? LOL!<br /><br />2. I never have grouses or poked at Value Investors; I only poked at "value investors" ;)<br /><br />3. Well, you have ruled yourself out as a Value Investor. So what are you? Value Investing Acolyte?<br /><br />4. Get ready. Here's my poke to you:<br /><br />"For detailed explanation, read chapter 8 and 20 of the intelligent investor."<br /><br />Eh... Might as well put this at the beginning of the post. Save time for those who prefer to do their own verifications from the source instead of relying on 3rd person summaries.<br /><br />It reminds me of the joke we made of people who, when questioned why they have a certain view, will reply smugly: "是专家说的!“ <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-11990683583678881232015-03-08T07:37:52.866-07:002015-03-08T07:37:52.866-07:00Yeah, I know a few retail investors friends who ha...Yeah, I know a few retail investors friends who has not done any position in the past 5 years.<br /><br />I know it looks silly now that we look back with all those gains but I think they are proving that waiting is a position they'd rather take with their deep value investing concept. Really admire them.Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-7322191309852334632015-03-07T21:31:04.808-08:002015-03-07T21:31:04.808-08:00Hi B,
Indeed, my problem is I am too impatient. I...Hi B,<br /><br />Indeed, my problem is I am too impatient. I will buy at least as there is 10-20% MOS. <br /><br />Actually, In today info connected world, it's tough to find 30% MOS In a normal market, even during corrections, such MOS might be hard to come by. <br /><br />By from my short history of investment, the opportunity will come every 2-3 years and bug bear every 7-10 yeaesSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-22920146379246531992015-03-07T21:19:07.680-08:002015-03-07T21:19:07.680-08:00Hi SI
I agree with you on this.
A lot of people ...Hi SI<br /><br />I agree with you on this.<br /><br />A lot of people throw the word on value investing too much that. A real value investor is very hard to come by and he must hv a very wide margin of safety for that to happen. Not sure if there are many in todays bull market though.Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-18972758065311300112015-03-07T18:53:13.516-08:002015-03-07T18:53:13.516-08:00Hi WIHL,
This is interesting, so what are the ass...Hi WIHL,<br /><br />This is interesting, so what are the assets turnarounds/ unlocking stories you got. If it's trade secret, you can tell me past buys? Maybe? More for local case studies <br /><br />Actually, some business are relatively stable to make DCF possible. Rental income, charter income over the lease period are relatively stable for the years within the lease. <br /><br />As for discount rate, just be conservative. At the end of day, the yield play a good part in my risk calculation Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-33789172550895917922015-03-07T18:26:06.863-08:002015-03-07T18:26:06.863-08:00Hi SI,
I wish I can use FCF to do valuation but t...Hi SI,<br /><br />I wish I can use FCF to do valuation but the amount of variables and assumption required shun me away. Also the risk of making mistakes is higher for me. I focus on assets and ignore earning pretty much, I discount the assets based on certain assumption. Thus, stocks that have high cash portion to its total asset get my liking. <br /><br />When the market price reached my adjusted NAV, I will sell off the shares.What I have learnthttps://www.blogger.com/profile/16190281832273895160noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-48894524199337773472015-03-07T17:51:39.073-08:002015-03-07T17:51:39.073-08:00Hi WIHL,
Indeed, there are so many sects on Value...Hi WIHL,<br /><br />Indeed, there are so many sects on Value investment liao. But I think the concept of MOS IS universal. I am not sure about the 2 models u mentioned, but I looked at earnings more than assets. Otherwise, I will never get ST engineering. <br /><br />In earnings, I also look at FCF and do DCF for those I get. I invest mainly for yield so it makes sense for me to focus on earning instead of assets. <br /><br />What about u?? Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-27838342805321023122015-03-07T17:47:01.714-08:002015-03-07T17:47:01.714-08:00so SI do you use earning based valuation or net as...so SI do you use earning based valuation or net asset based valuation? The word value investing has more and more meaning than ever before. Bill Ackman mentioned something along the line, even the price is traded higher than its NAV based on his valuation it is still an under value company . Charile Munger made it worst "All intelligent investing is value investing".What I have learnthttps://www.blogger.com/profile/16190281832273895160noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-9866322434029761712015-03-07T17:05:28.241-08:002015-03-07T17:05:28.241-08:00Aiyo Yeh,
No one is a loser la. Not even if they ...Aiyo Yeh,<br /><br />No one is a loser la. Not even if they lose money.<br /><br />We are all money grabbers :)Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-67482754883661520872015-03-07T01:05:31.914-08:002015-03-07T01:05:31.914-08:00Then I considered value investor or luan luan buy ...Then I considered value investor or luan luan buy investor?<br /><br />Hahaha. <br /><br />Or just simply a loser? yehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.com