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What annoyed me.
I shouldn't have stray from my circle of competence.
life goes in cycles, predictable yet uncontrollable; just like the markets, but markets give you a second chance
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What annoys me most is those who have higher IQ thinking people with ordinary to average IQ HAVE NO BUSINESS INVESTING IN STOCKS. Of course I am of ordinary IQ AND THANK GOD I am still surviving with very basic arithmetics.
Amen.
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.
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And what's wrong when someone says, "BUY LOW, SELL HIGH"? If we stop to think what each' one of us is trying to do, I think all of us are just trying our best to do that-with all our natural talents and resources. And each in his own ways. Only people who utter it seems to be "simpleton" because they have said the too obvious, too simple.
Relax lah, then you can win.
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.
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I actually follow the wisdom of "buy low sell high" closely.
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"On the hind-sight"... well...
No regrets in life sir, just lesson well learnt and move on!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Oh God you guys...
I feel annoyed reading your comments ! Hahahaha....
Thanks for ruining my Sunday!
Here's another one:
"Are we at a market bottom now or will prices continue falling?"
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"I should have"
"I missed it"
"This investment is risky no matter what price it is, I'm not gonna invest"
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(17-04-2015, 04:24 PM)Breadman25 Wrote: (02-04-2015, 05:08 PM)dzwm87 Wrote: My personal.......... “In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
I have been seeing this quote for a long time. I believe Warren Buffett said it. But I have no idea what does it means. Any buddies can explain?
Essentially, in the short run, the markets price stocks largely on sentiments but over the long run, stocks tend to converge or diverge into their fundamental performances.
Nothing wrong with that phrase. It holds a lot of weight but the reason why I think that is annoying is because I've read/heard people who buy cheap valuations stocks and reasoned it based on that quote. As we all know, markets can be efficient and most stocks are cheap for a reason!
"Criticism is the fertilizer of learning." - Sir John Templeton