Dennis Ng has passed away

[kayaroti]

Sad to hear that lark had passed on too. RIP.

[Zelphon]

Sad to hear that lark had passed on too. RIP.

OMG !!

Lark passed away ??

Used to read his postings ..
Very insightful..

[memphisb]

Late Madam Lark.

Remembered her positions in Ho Bee and Hai Leck

[Zelphon]

Late Madam Lark.

Remembered her positions in Ho Bee and Hai Leck

Ho Bee..

She huat a lot from Ho Bee..

[pianist]

how old was mdm lark?
mossie, were u dennis' sifu?

[FA+TA]

I observed him to be knowledgeable a perfectionist character but darkside to that perfection is quite a "combative" personality he wanted everybody to agree with him, nice to those who did but fought those who didn't and always wanted the last word in everything. I think there were some in the old forum who didn't like him, those who can remember the ridiculous flame wars eventually he left and started his own forum.

The other good notable investors are

D.O.G
lark - I heard passed away
realinvestor (where is this guy man ???)
china guy shengyi something can't remember the name.

Just revisit this thread again.

Hi SGD,
Are you refering to Chen Yi? His websites are:
Chen Yi's home on Internet
沃西山人的博客

For newbies, you may download the file Mossie's story & his sharing in SI.pdf in post http://www.valuebuddies.com/thread-2265-...l#pid89851. A man nicknamed Mossie shared his story of how he won his profits from 1995 to 1996 and lost it in 1997; how he learnt his lessons, observe the markets & won his profits by invest successfully in companies.

[Musicwhiz]

Thanks, I had read Mossie's account and it's really a good, detailed one.

For all of us who have been with Wallstraits all these years, then Afralug, and now ValueBuddies, it's been a long journey - one of constant learning from mistakes, refining our investment techniques and consistent imbibing of knowledge on companies and what makes them great.

I remember how much Wallstraits had enriched me as an investor, and also shaped my views not only of investing, but also personal finance. Though Dennis Ng and I never got along, I always give credit and pay tribute to him for his education on "living below your means" - he taught me not to buy a car but instead use the monies for investing to grow one's net worth. He himself lived near his office so would also walk down if he could - thumbs up to him for that. Though he was very wealthy at the time of his passing, he was never ostentatious and that is also an attribute I admire.

In terms of investing, the many veterans in this forum such as d.o.g., dydx and lark have taught me over the years and helped me to refine my criteria, process and philosophy. It has also helped that in my initial years of learning, I documented my entire thought process and reviewed all mistakes made - this was an invaluable learning process as it consists of actual money lost due to flawed decision-making and incomplete analysis. Obviously, it also helped that a Global Financial Crisis came along, which taught me how to navigate the gamut of emotions that one simply has to go through in a sharp bear market, and also how to properly allocate capital (you end up having more ideas than cash, the opposite of a bull market where you have more cash than ideas). There's nothing like going through an actual crisis as it closes the empathy gap and allows you to be much more conservative in your investing.

What I have noticed now is that younger, newer investors tend to get more excited about high growth companies which trade at lofty valuations. While good money can indeed be made in the right names, there should still be some measure of risk management and one should allocate only a small portion of his war chest to such companies.

Wishing everyone a good investment journey and let's continue to share in this forum!

[BlueKelah]

Some very good points made there. Vesting in growth company is indeed more difficult than value company.

It does take at least one big market correction for most newer investors to realise what downside risks really mean and also that trading too much is not as profitable as buy and holding

sent from my Galaxy Tab S

[sgd]

I observed him to be knowledgeable a perfectionist character but darkside to that perfection is quite a "combative" personality he wanted everybody to agree with him, nice to those who did but fought those who didn't and always wanted the last word in everything. I think there were some in the old forum who didn't like him, those who can remember the ridiculous flame wars eventually he left and started his own forum.

The other good notable investors are

D.O.G
lark - I heard passed away
realinvestor (where is this guy man ???)
china guy shengyi something can't remember the name.

Just revisit this thread again.

Hi SGD,
Are you refering to Chen Yi? His websites are:
Chen Yi's home on Internet
沃西山人的博客

For newbies, you may download the file Mossie's story & his sharing in SI.pdf in post http://www.valuebuddies.com/thread-2265-...l#pid89851. A man nicknamed Mossie shared his story of how he won his profits from 1995 to 1996 and lost it in 1997; how he learnt his lessons, observe the markets & won his profits by invest successfully in companies.

yah chenyi that's the guy

[dreamybear]

If you have been following this saga on Pertama, I have cited Pertama as an example of how I invest in shares. I stated I look at basement prices and I follow Invisible Hands. In this case, we have identified IH to be Harvey Norman (HVN). Their entry/buying-in price of 27.5cts constitutes basement price.

Also, I shared, having established IH and their entry price, I conduct meetings with Management to ascertain their business strategy and whether they are able to deliver the desired results. The idea of conducting meet-the-management meetings was shared on SI's forum. It led to the ever proactive forumer Pnd taking the initiative to set up the meeting. This was held on 29th July with 18 forumers in attendance.

Wonder where are those SI forumers now ? I somehow get the impression that retail investors/shareholders were more "united" in the past.

The local current prominent finfluencers seem to be of a younger generation(just a guess) and mostly dwell on the REITs, Tesla, Alibaba, US stocks.

Really wonder what happened between then and now .... maybe there are more gems to pick last time or ??? I think it wld be interesting to hear investing stories from the past.

Wld any VBs be interested to conduct mtgs with mgmt like what was done in the past ? May I ask if anyone here has the experience of arranging such meet-mgmt-mtg and how to increase the chances of successfully arranging for one ?