Delisting

[weijian]

Yes, it's heartening that there are many good ones but at the same time, it's possible that sharing happens until it doesn't - a good historical track record isn't a guarantee.

If we look at the Corporate Governance section in Annual Reports, we always see "act in the best interest of the company". I am not sure how does OPMIs fit into the picture. As "outsiders without influence", we do not have inside information nor complete understanding of a business, and business/macro environment can be volatile. On what basis are we to say whether decisions(e.g. capital allocation) are in the best interests of the company ? I believe ideally, people will always strive for a win-win situation, but in an imperfect world, is it possible that certain decisions in the best interests of the company are at the same time in bad interests of OPMIs ? What recourse do OPMIs have then ?

Some possible investment strategies that come to mind are sizing/diversification. But then some questions follow, e.g. are there so many potential life-changing stock ideas to diversify into, does OPMIs have that much capital to make meaningful amt of investments in each stock idea, etc ? Perhaps OPMIs better learn to make (ideally already made) millions before grand... opportunities die.

Hi dreamybear,

For a start, the only guarantees in life are death and taxes. And most importantly, in investing I am not looking at guarantees but assurances.

You seemed to be looking for a golden bullet or some "optimized path". But there probably isn't any. One can only connect the dots forward. Many years ago, our now-successful towkays were taking risks, bulldozing their way through or finding new paths if the bulldoze didn't work. The long term is made up of a series of short term struggles, winning and staying in the game according to our temperament.

So why would this has anything to do with OPMI investing? Because end of the day, I am a better investor because I am a businessman. I am a better businessman because I am an investor.