14-02-2013, 09:42 PM
(14-02-2013, 04:45 PM)CityFarmer Wrote: Reading on this book, and found the following interesting quote (page 42) by Thomas Kahn from Kahn Brothers Group
"Investing is about finding opportunities that grow your capital, not necessarily finding companies that will grow. Sometimes you can grow your capital with non-growth companies"
Exactly the same reason to invest on non-growth companies (e.g. SPH) for me.
Exactly! It may never be a 3t or 4t but it is still possible as close as 2t company if purchase at a right price. What about the high dividend return?
NO?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.