[SERIOUS]How to choose a good paid stock market seminar?

[Debronic]

For those who don't read, Hyperion and Tree suggest going to Tan Teng Boo's Investor Day in October 2015 in Malaysia for FREE. Tan Teng Boo is a fund manager who runs the iCapital close end fund listed on Bursa Malaysia and had made an audited compounded annual return of 12% since 2004 IPO. Apparently he conducts FREE Investor Days for the PUBLIC to attend. You do not need to be a shareholder to attend his Investor Day seminars to learn. Hyperion attended the 2014 Investor Day and only spend money to buy an air ticket from Changi to Kuala Lumpur and lodging, to attend his FREE seminars for 2 days.

Here is the link to the 2014 talk: http://invday.icapital.my/

Tan Teng Boo covers basic value investing concepts via seminars and short skits targeted at beginners. You can even ask him questions on value investing during the seminar. For experience investors he also covers economic outlook for various countries. Lastly, for value investors, he invites companies he invested in to give presentations about their business. Hyperion and Tree had benefited alot from his talks and gained a better appreciation on how macro trends do affect investing. Since most value investors focus on bottom up approach, it was something different to hear about macro and investing from a value investor like Tan Teng Boo.

Recently in Nov 2014, Tan Teng Boo came to Singapore to promote his new dual listed fund to Singapore investors. Usually this type of talks are only for high net worth or institutional investors but Tan Teng Boo invited people via his Facebook page. Hyperion and Tree attended and Tan Teng Boo gave a review of Singapore's economy which was again very beneficial. Best of all this talk is also FREE and attendees got a FREE dinner set since it was conducted in the evening. Sadly only 10+ people attended in Singapore which shows a lack of awareness of what he has to offer. This is why Hyperion and Tree like to introduce him to more people.

Interestingly, the good things in value investing are usually free.

Yeah, or if you are too busy to go, wait for the full youtube video clips like this from last year:
https://www.youtube.com/watch?v=N8lmUXZE20k
There are a few others too. Just look at the sidebar.

TTB is good but unfortunately his character is not very likeable. Not a great boss to work with apparently. Views are sometimes too extreme too.

[grubb]

but what about those ppl who are lazy to read book? Told them to read liao, they never even start. sure got this kind of ppl

I also have friends like this. I always suggest just go NLB and borrow. $1.55 per reservation and deliver to choice of your library for pickup.

For those who are lazy to read, I think really cannot help them. The bad thing about seminars is that they suggest the idea that paying a few thousand dollars over a weekend will make you good enough to huat till LS. Unfortunately, as any good investor on VB can tell them, successful investing is really about years of learning and hard work.

Oh but I must contradict myself and say that Vina Ip (aka Property Soul) is doing quite a good job at organizing seminars for property investment. They are cheaper (but not as cheap as I like) and offer sound advice from what I heard.

http://propertysoul.com/2014/11/10/buyin...-workshop/

[specuvestor]

For those who don't read, Hyperion and Tree suggest going to Tan Teng Boo's Investor Day in October 2015 in Malaysia for FREE. Tan Teng Boo is a fund manager who runs the iCapital close end fund listed on Bursa Malaysia and had made an audited compounded annual return of 12% since 2004 IPO. Apparently he conducts FREE Investor Days for the PUBLIC to attend. You do not need to be a shareholder to attend his Investor Day seminars to learn. Hyperion attended the 2014 Investor Day and only spend money to buy an air ticket from Changi to Kuala Lumpur and lodging, to attend his FREE seminars for 2 days.

Here is the link to the 2014 talk: http://invday.icapital.my/

Tan Teng Boo covers basic value investing concepts via seminars and short skits targeted at beginners. You can even ask him questions on value investing during the seminar. For experience investors he also covers economic outlook for various countries. Lastly, for value investors, he invites companies he invested in to give presentations about their business. Hyperion and Tree had benefited alot from his talks and gained a better appreciation on how macro trends do affect investing. Since most value investors focus on bottom up approach, it was something different to hear about macro and investing from a value investor like Tan Teng Boo.

Recently in Nov 2014, Tan Teng Boo came to Singapore to promote his new dual listed fund to Singapore investors. Usually this type of talks are only for high net worth or institutional investors but Tan Teng Boo invited people via his Facebook page. Hyperion and Tree attended and Tan Teng Boo gave a review of Singapore's economy which was again very beneficial. Best of all this talk is also FREE and attendees got a FREE dinner set since it was conducted in the evening. Sadly only 10+ people attended in Singapore which shows a lack of awareness of what he has to offer. This is why Hyperion and Tree like to introduce him to more people.

Interestingly, the good things in value investing are usually free.

Hi HT you obviously post very informative stuff but just very intrigued: Why do you keep addressing yourself as 2 persona and in the 3rd person?

I might be missing something here

[weijian]

I think you should name the names so everyone can know who are the bad eggs. If not, they will just continue to scam people with their rubbish

We need to be really careful here in making allegations that most probably cannot be backed by HARD facts.

There has been multiple instances where VB had been threatened either with lawsuits, or in most cases to simply remove those offensive posts. The internet is a cowboy town and everyone has the luxury to hide behind an IP address but if we want VB to survive in its current state, we need to think hard about what we should or shouldnt be posting in the first place.

[CityFarmer]

I think you should name the names so everyone can know who are the bad eggs. If not, they will just continue to scam people with their rubbish

We need to be really careful here in making allegations that most probably cannot be backed by HARD facts.

There has been multiple instances where VB had been threatened either with lawsuits, or in most cases to simply remove those offensive posts. The internet is a cowboy town and everyone has the luxury to hide behind an IP address but if we want VB to survive in its current state, we need to think hard about what we should or shouldnt be posting in the first place.

Thank you.

Regards
Moderator

[Retired@52]

I think you should name the names so everyone can know who are the bad eggs. If not, they will just continue to scam people with their rubbish

We need to be really careful here in making allegations that most probably cannot be backed by HARD facts.

There has been multiple instances where VB had been threatened either with lawsuits, or in most cases to simply remove those offensive posts. The internet is a cowboy town and everyone has the luxury to hide behind an IP address but if we want VB to survive in its current state, we need to think hard about what we should or shouldnt be posting in the first place.

Thank you.

Regards
Moderator

I agree with noob_investor, weijian & CityFarmer.

Sometime ago, some Value Buddies were trying to warn others about investing in Eco House and were threatened & warned. Later the post were removed.

See for yourself now > https://sg.finance.yahoo.com/news/invest...ector.html

[noob_investor]

I definitely would want VB to still be around. Where i am coming from is that we should also protect everyone from scammers. They charge exorbitant prices and so we should not let people be further scammed by them as much as possible. In fact, i seriously doubt there is any exorbitantly charged seminars that really teaches something worth the money. We should always be in mind what is their purpose of teaching, is it to really teach people or to scam people? imagine they charge per pax of say 2k, and there are 50 participants, they don't need to invest/trade and they can still do well for quite some time with just 1 workshop held. Basically, i feel anything in the 4digit range are mostly not worth the money. just my 2 cents

[weijian]

I definitely would want VB to still be around. Where i am coming from is that we should also protect everyone from scammers. They charge exorbitant prices and so we should not let people be further scammed by them as much as possible. In fact, i seriously doubt there is any exorbitantly charged seminars that really teaches something worth the money. We should always be in mind what is their purpose of teaching, is it to really teach people or to scam people? imagine they charge per pax of say 2k, and there are 50 participants, they don't need to invest/trade and they can still do well for quite some time with just 1 workshop held. Basically, i feel anything in the 4digit range are mostly not worth the money. just my 2 cents

Some time ago, I had a close friend who contemplated attending a particular AK class. After taking a look at the syallabus, i advised against him spending a 4digit sum to learn about a bunch of stuff that could basically be either pluck off the WWW or learned by selecting the correct books to purchase at the local bookstore, although it does take longer to do the latter. He did not buy my story and went ahead, although he eventually did realized that it was not worth the $ after all....After some time, i learnt about this particular interesting human bias call 'backfire effect' and came a little bit closer to understand how the world works. With that bit of understanding, i had decided that i shouldnt be standing on that 'moral high ground' anymore and try to convince (lecture) people of how the world of finance works. They should simply figure it out themselves, hard way or easy way.

P.S. My job is to secure my own financial freedom, not to convert ignorant or greedy fools who are willing to part with their money.

[tikam tikam]

I definitely would want VB to still be around. Where i am coming from is that we should also protect everyone from scammers. They charge exorbitant prices and so we should not let people be further scammed by them as much as possible. In fact, i seriously doubt there is any exorbitantly charged seminars that really teaches something worth the money. We should always be in mind what is their purpose of teaching, is it to really teach people or to scam people? imagine they charge per pax of say 2k, and there are 50 participants, they don't need to invest/trade and they can still do well for quite some time with just 1 workshop held. Basically, i feel anything in the 4digit range are mostly not worth the money. just my 2 cents

Some time ago, I had a close friend who contemplated attending a particular AK class. After taking a look at the syallabus, i advised against him spending a 4digit sum to learn about a bunch of stuff that could basically be either pluck off the WWW or learned by selecting the correct books to purchase at the local bookstore, although it does take longer to do the latter. He did not buy my story and went ahead, although he eventually did realized that it was not worth the $ after all....After some time, i learnt about this particular interesting human bias call 'backfire effect' and came a little bit closer to understand how the world works. With that bit of understanding, i had decided that i shouldnt be standing on that 'moral high ground' anymore and try to convince (lecture) people of how the world of finance works. They should simply figure it out themselves, hard way or easy way.

P.S. My job is to secure my own financial freedom, not to convert ignorant or greedy fools who are willing to part with their money.

Go for courses organized by SGX. No foolproof but at least there is one level of screening that is done. Better than dun haf!

[Bibi]

Sometime ago, some Value Buddies were trying to warn others about investing in Eco House and were threatened & warned. Later the post were removed.

See for yourself now > https://sg.finance.yahoo.com/news/invest...ector.html

Wow after reading I found this in the link:

"According to the British newspaper, EcoHouse has blamed the unexpected intervention of the Brazilian Police on malicious, inaccurate and fanciful allegations by competitors and former landowners. Funds worth more than S$65 million said to be being investigated."

I remember there was a person who whole heartedly believed in EcoHouse. Maybe that person still hated some buddies here for causing the downfall of EcoHouse due to "malicious, inaccurate and fanciful allegations".