Posts: 3,732
Threads: 6
Joined: Oct 2012
Reputation:
95
20-02-2015, 05:37 PM
(This post was last modified: 20-02-2015, 05:41 PM by specuvestor.)
^^ that's a pretty novel way to calculate annual return. Would be interesting to look at the raw monthly return and how he take into account negative returns (but of course it is entirely possible that he never had a negative month, but would be good if it can be independently verified)
If you give me a stock that I've never heard of and want a FA opinion, I would need at least 2-3 days. If you just want the TA probably 15-20 min would be enough. You can look at it as an efficiency issue vs an effectiveness issue
Contrary to what some say that gurus don't share their secret, the observation is that a lot if gurus actually write books or allow interviews to share their investment thoughts, sort of like paying it forward or to leave a legacy. But very seldom I notice them do a seminar to a selected group of paying customers. The closest to a seminar is Berkshire annual meeting. Not difficult to see that I think there is more treasure to be found in books than in seminars
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Posts: 887
Threads: 16
Joined: Feb 2011
Reputation:
8
(20-02-2015, 10:25 AM)hh488 Wrote: (18-02-2015, 08:50 AM)soros Wrote: Try a $65 seminar on Sat 7 March by Spencer Li ( www.shareinvestor.com.sg )
Hi soros
So do you think paying $65 for a 3-hrs talk will improve one's stock picking skill? Or is this a preclude to an upsell of his +$2K course which he (Spencer) will tell you everything only if you sign up for it? The 3-hrs talk is only an introduction?:huh:
I don't know anything about Spencer and only know about his seminar from seeing the shareinvestor site. I was considering going to that seminar but if you have already paid tuition fee for his seminar and not recommending , I will accept your warning flag.
We all have been to school for compulsory 5 years primary and 5 years middle school , but investment training course was not part of the school education. So in our working life , we must make up for lack of school education and learn something about investment by attending seminars as well as reading from books and magazines. So I think if you want to learn, you have to pay your tuition fee ( even if its only how to play mahjong.).
Wahkoa has asked for recommendation and I was surprised nobody in this forum offered any recommendation. So does it mean none of the seminars in Singapore are found good enough for recommendation ?
Posts: 1,364
Threads: 106
Joined: Oct 2013
Reputation:
17
(20-02-2015, 07:41 PM)soros Wrote: I was surprised nobody in this forum offered any recommendation. So does it mean none of the seminars in Singapore are found good enough for recommendation ?
can't help much. never been to a stock seminar before.
I'm not sure about others but you could guess yourself from all the answers.
For me, I started by reading books.
Now, as youtube become popular, I watch video law.
Love Compassion
Posts: 4,958
Threads: 1,349
Joined: Sep 2010
Reputation:
36
Never been to a paid investment seminar before. Most of them at the Invest Fair/Carnival sound like sales talk anyway.
Books are my best source for improving my investment skills and acumen; the next best source is actually analyzing companies by looking at their AR and financial statements, drafting questions and asking the Management to clarify them.
It's an iterative process and learning is really never-ending. Till now, 10 years after I started my journey, I am still learning new things about companies, businesses and investing.....
Posts: 1,364
Threads: 106
Joined: Oct 2013
Reputation:
17
sama sama.
I read investment books and felt that it makes more sense than going for a paid stock seminar.
Of course, different people different stoke.
I'll pay for a stock seminar not to learn the tips but just to get-to-know you. ;D
Love Compassion
Posts: 89
Threads: 1
Joined: Nov 2012
Reputation:
6
I have not attended these past seminars but I think that they are reasonably good for the price you pay.
1) Trend following with Michael Covel on 29 Nov 2014. I have read part of Michael Covel's book on Trend Following and it is a very good book.
2) Finding the best stocks with Shareinvestor Market Screener. SPH bought over Shareinvestor and it is likely that its Market Screener is relatively good.
http://www.shareinvestor.com/sg/events/all_events.html
(20-02-2015, 07:41 PM)soros Wrote: (20-02-2015, 10:25 AM)hh488 Wrote: (18-02-2015, 08:50 AM)soros Wrote: Try a $65 seminar on Sat 7 March by Spencer Li ( www.shareinvestor.com.sg )
Hi soros
So do you think paying $65 for a 3-hrs talk will improve one's stock picking skill? Or is this a preclude to an upsell of his +$2K course which he (Spencer) will tell you everything only if you sign up for it? The 3-hrs talk is only an introduction?
I don't know anything about Spencer and only know about his seminar from seeing the shareinvestor site. I was considering going to that seminar but if you have already paid tuition fee for his seminar and not recommending , I will accept your warning flag.
We all have been to school for compulsory 5 years primary and 5 years middle school , but investment training course was not part of the school education. So in our working life , we must make up for lack of school education and learn something about investment by attending seminars as well as reading from books and magazines. So I think if you want to learn, you have to pay your tuition fee ( even if its only how to play mahjong.).
Wahkoa has asked for recommendation and I was surprised nobody in this forum offered any recommendation. So does it mean none of the seminars in Singapore are found good enough for recommendation ?
Posts: 282
Threads: 18
Joined: Nov 2011
Reputation:
4
i reckon best form of education is still through reading books n to start investment in small amt.
every trainer got his own bias n agenda. only trust yourself, n blame urself if ur invesyment fail
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(21-02-2015, 01:03 PM)funman168 Wrote: i reckon best form of education is still through reading books n to start investment in small amt.
every trainer got his own bias n agenda. only trust yourself, n blame urself if ur invesyment fail For me fully agreed. Have attended FOC seminars only. Have never attended even one AGM (i think i am the odd (perhaps stupid too) one out).
But NLB is my University lol. Read and read and read. Now you can read anything from the WWW too. And reading all the bloggers here and there.
Some of the wisdom of investing from GURUS are really free of charge. And you can read it again and again Only thing can we feel their "inner feelings"(psyche). If we can even feel a bit of their "feelings" then maybe we can copy them in some of their practices.
Another words they can tell you everything how they do it but can we even do a bit of what they tell us?
That's why when anyone says how come GURUs willing to tell us all, he forgets this:-
"In theory there is no difference between theory and practice. In practice there is." - Yogi Berra
Why?
Why, simply everyone of us is different even we see or read the same thing but we will do it in our own way because we are we and not anyone else. Can a professor invests the same way as pop & mom? No right?
In another words find out all about Yourself first, then may be you can find your own way to invest or may be not? Never, never ever think someone can give the magic bullet. Some one may or can only show you the "magic bullets" but can never give it to you. Because his is definitely can only use by him and not you. You have to find your own.
Sorry if you think i am just babbling! Please take it with a pinch of salt and down your tequila or what liquor? With toasting to sorrow or happiness?
My 2 cents.
Shalom.
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.
Posts: 117
Threads: 1
Joined: Jul 2013
Reputation:
1
(20-02-2015, 10:25 AM)hh488 Wrote: (18-02-2015, 08:50 AM)soros Wrote: Try a $65 seminar on Sat 7 March by Spencer Li ( www.shareinvestor.com.sg )
Hi soros
So do you think paying $65 for a 3-hrs talk will improve one's stock picking skill? Or is this a preclude to an upsell of his +$2K course which he (Spencer) will tell you everything only if you sign up for it? The 3-hrs talk is only an introduction?
Really want to know if one attend a free talk (seminar) to a preclude formal course costing $2K+, so why must one pay $65 to attend this one? Unless of course this is a self-contained value talk by itself which can also improve one's knowledge/skill on stock investment without attending his expensive course? Is there a difference bet the free talk and this $65 seminar?
Posts: 282
Threads: 18
Joined: Nov 2011
Reputation:
4
anybody believe that there is any truth in the below?
February 21st, 2015
1929... 1987... 2000... 2008... 2015?
That looks to be the case. Stocks are setting up for a major crash in 2015.
Find out why, and what to do about it in our free report: "Get Ready for the 2015 Market Crash."
No doubt, over the past five years, we've enjoyed one of the longest, and most generous, bull markets in history.
But no bull market lasts forever, and this one has about run its course.
Looking at key long-term measures, U.S. stocks are now about 80% overvalued.
And since 1802 (when data was first tracked), there have been only five times when stocks have been more than 50% overvalued: 1853, 1906, 1929, 1969, and 1999.
Each one of those years marked the peak of a massive, once-in-a-generation stock-market bubble. And only two of those bubbles (1929 and 1999) were bigger than today's.
Make no mistake, it's the end of the line for this bull market.
So find out everything you need to know by signing up for our free report: "Get Ready for the 2015 Market Crash."
Better still, after receiving your report, you'll begin receiving daily commentary from the Outsider Club.
|