Old Investing Advice Gems from Wallstraits days

(25-04-2019, 09:33 AM)luckystar Wrote:

(24-04-2019, 09:12 PM)karlmarx Wrote:

(22-04-2019, 01:23 PM)money Wrote: Personally, i prefer analysing businesses the way Karlmax does, but if Karlmax is at level 10, i am probably at level 2 or 3, still a long way to go.

Just want to add that the markets have an interesting way of deciding how high or low the stock should trade at. One should not ignore that with the numerous posts that highlight the positives, the stock may just shoot up without a change in the underlying business. It is easy to fall into the trap of taking all the positives as being true when the stock price is rising. (Bitcoin is the closest recent example, everything seems to make sense when bitcoin rises above 10k USD, even my close friend started entering the bitcoin market).The worst thing that can happen to any investor is to buy in when the promoters are selling, some promoters genuinely believe, but some are out to create a market to exit.

You give me too much credit. I am as much a journeyman as most buddies here.

In any case, analysis is only one part of investment success. I may suffer from poor investment returns, in spite of how well I may analyse. Financial capital/cash flow, desire to learn, ability to sit still (and not perform transactions unnecessarily), and independence of thought and actions, are probably some of the other parts.

Hi KarlMarx, you are the best. I hope you continue doing what you are doing. Your research is very in-depth and insightful. I have benefited a lot from reading your posts. I am sure many others do too. Well done!!!

I agree as well, brilliant piece, KarlMarx on the QAF analysis. Too bad I missed that, else I am very likely bought over! Was always looking for an entry to this after divesting from Auric Pacific (forced divesting which if I might add, was at a very unfair price to Minority Investors).

(25-04-2019, 09:37 AM)Squirrel Wrote:

(25-04-2019, 09:33 AM)luckystar Wrote: Hi KarlMarx, you are the best. I hope you continue doing what you are doing. Your research is very in-depth and insightful. I have benefited a lot from reading your posts. I am sure many others do too. Well done!!!

I agree as well, brilliant piece, KarlMarx on the QAF analysis. Too bad I missed that, else I am very likely bought over! Was always looking for an entry to this after divesting from Auric Pacific (forced divesting which if I might add, was at a very unfair price to Minority Investors).

I get goosebumps reading stuff like this.

In case you guys don't already know, allow me to introduce you to the Real McCoy:

https://www.valuebuddies.com/thread-1258...l#pid11472

Thank you Karlmarx for your generous sharing and detail analysis.

I benefited tremendously from your posts in  this Penguin thread, although you might not realised it.

Coincidentally, I was randomly reading his posts this Saturday.
He is a main reason why I'm so grateful of valuebuddies.com and 
contributions for all valuebuddies who help to fine tune my stock picks
... in this case Penguin International Limited (PIL)


I think I might be OT.
But I couldn't resist by uploading 2 pages of my notes taken 10+ years ago,
to show my appreciation for d.o.g.
#1. Bookmarks to young d.o.g.'s view on different companies and industries.
#2. young d.o.g.'s vs Sage investment goals

Moderator, if you find these not appropriate, kindly shift to my investment journey page.






《喜欢你》

Moved some of these posts from Penguin here, and trying to revive a great thread for the benefit of new VBs who never read this before, or those who needs a "refresher"

Penguin prices are moving up (I remember the great old GG once commented that its price is simply a function of oil prices - and after a quick glance of the last 5 years of Penguin and Brent, it seems like nothing has changed) and so it would be good to keep to topic at Penguin thread.

Moderator

wow thanks weijian it's my first time coming across this thread and looks like i have some exciting ground to cover