04-04-2013, 11:59 AM
Fundamental/Value investment from KL.
After graduate from UK, Kok Mun started his career as a IT consultant in a MNC company. Despite working hard, he is not satisfy with the only income he earned from his job.
This book is actually his notes on his journey venturing out into stock market without leaving his full time job.
I like this book because his approach meets mine too.
Pg 151 Get the most from the stock market!
I practise bottom-up investing. I first look at strong companies with good prospects based on their historical records (ROE, EPS growth rate, D/E, etc). I compare companies based on these fundamentals. In short, I begin the task of finding investments by looking at the financial, management and market strengths and weeknesses of individual companies.
Once I have found a company that meets the criteria I have set, I work my way up to consider how the company performs within its industry, and then in the broader business world.
Pg 37 Buying business
When you shop for stock, you must know that you are not buying sugar or salt or some other grocery item. You are using you hard-earned money to buy a business because you want to be one of its shareholders. Do not be overly concerned with buying and selling activities in the stock market. Choose stocks on the basis of their overall potential as companies. Seek ownership in quality companies that are highly capable of generating profit.
Capital gain is good, but it is not as important as ownership in this case. You should not be concerned whether the market will eventually recognise the company's worth; as a shareholder or business owner, you should be looking at how well that company can make money from its business.
Pg 167 Start early, start small
I believe investing is the individual's responsibility that begins and ends with the individual. It is about setting goals, building a plan and sticking to the fundamentals in order to reach those goals. It is about keeping to your plans when the market goes through its inevitable ups and downs in spite of the distracting headlines and rumours. In fact, if you look beyond what you could get in term s of monetary rewards, you will not look for a sure-fire formula that will enable you to get rich overnight. We want to live a wealthy with meaningful live; we do not want to get rich, yet shallow.
Thank you for reading.
After graduate from UK, Kok Mun started his career as a IT consultant in a MNC company. Despite working hard, he is not satisfy with the only income he earned from his job.
This book is actually his notes on his journey venturing out into stock market without leaving his full time job.
I like this book because his approach meets mine too.
Pg 151 Get the most from the stock market!
I practise bottom-up investing. I first look at strong companies with good prospects based on their historical records (ROE, EPS growth rate, D/E, etc). I compare companies based on these fundamentals. In short, I begin the task of finding investments by looking at the financial, management and market strengths and weeknesses of individual companies.
Once I have found a company that meets the criteria I have set, I work my way up to consider how the company performs within its industry, and then in the broader business world.
Pg 37 Buying business
When you shop for stock, you must know that you are not buying sugar or salt or some other grocery item. You are using you hard-earned money to buy a business because you want to be one of its shareholders. Do not be overly concerned with buying and selling activities in the stock market. Choose stocks on the basis of their overall potential as companies. Seek ownership in quality companies that are highly capable of generating profit.
Capital gain is good, but it is not as important as ownership in this case. You should not be concerned whether the market will eventually recognise the company's worth; as a shareholder or business owner, you should be looking at how well that company can make money from its business.
Pg 167 Start early, start small
I believe investing is the individual's responsibility that begins and ends with the individual. It is about setting goals, building a plan and sticking to the fundamentals in order to reach those goals. It is about keeping to your plans when the market goes through its inevitable ups and downs in spite of the distracting headlines and rumours. In fact, if you look beyond what you could get in term s of monetary rewards, you will not look for a sure-fire formula that will enable you to get rich overnight. We want to live a wealthy with meaningful live; we do not want to get rich, yet shallow.
Thank you for reading.