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(30-11-2017, 05:59 PM)Temperament Wrote: The background of the messenger may be important (in fact we may often erred because of the high esteem we give to the messenger - think of Bernie Madoff), but actually the message is the most important.
i like to think we can learn something from "The Bad, The Good & The Ugly" or Tom, Dick or Harry if we only listen with the heart.
Besides most of the time, in theory, there is no difference from practice, in practice there is difference.
Have U tried what he said?
And don't ask me, because your result may be different though we may have tried what he said.
So i think it's more important paying attention to what he says rather than who says it - any way as a DIY investor i shall always try to remember that (try to remember all the cognitive bias i have if possible).
Hi Temperament
This is only true if we have unlimited time. Otherwise we have to be selective. Which is why I only read VB daily and not other forums 
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)
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Hi specuvestor,
Ha. Ha.
Agree for some people have just too much things on their hands, they have to be selective to very selective because of time.
For people like me, a RTS@70, we just have too much time.
We can afford to read anything from anyone then think about it or have we done it before?
Otherwise we waste our time staring at the TV's screen.
Which may speed us towards Dementia in double time.
YMMV.
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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02-12-2017, 12:04 AM
for me, time is always not enough.
so many good things that we can and need to do.
so little time.
For a starts, reading more and more is very interesting.
After a while, reading junk is really waste of time.
For a young investors, you might not be able to differential junk from GEM 
You have no choice but to plough thru tons and tons of reading materials in order to be savvy.
My questions to you is:
Is it really true?
Do you really need to spend (waste) your time in reading junks so that you can tell that they are junk?
What if there is a way to zoom into the GEM easily?
What if you can spend most of your time analysing these GEM? (instead of analysing Junks)?
Do you still feel that you'll need to spend a lot of time analysing why a Junk is a junk?
Or you prefers to learn how to identify a multi-baggers?
[Image: 1upI2Sz.png]
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For any subject under the Sun, if U pursue reading all available books, articles, etc...
Then u will find a lot of pros and cons on the subject.
So how?
Who is correct?
Follow who?
This was how i started when i wanted to learn all about "Investment and Financial Matters ".
Till today, i am still trying to read on the subject - not written by anyone particular.
Less i idolized someone like WB or Ray Dalio or anyone.
Then i think i better stop the game of investing in the stock market if i idolize someone.
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'm not sure what does Chia's chart mean  but one thing similar I read and learn is that bank tellers learn to feel and recognise real notes not by experimenting with fake ones but to train with real ones so that when fakes appear they will recognise
I think that makes sense
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)
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my dear friend,
the chart has a very important message to be learn.
think harder...
![[Image: i-think-therefore-i-am-37-728.jpg?cb=1271991566]](https://image.slidesharecdn.com/ithinkthereforeiam-100423025754-phpapp02/95/i-think-therefore-i-am-37-728.jpg?cb=1271991566)
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(30-09-2017, 10:10 AM)slpypnda Wrote: Hi , I have recently read up the book , value investing in growth companies by rusmin and victor chng , and learnt about how to read balance sheets , assessing company management , assessing business and how to valuate firms to purchase their stocks . Is this sufficient for me to begin investing ?
i would also like to learn about how to invest in etfs and reits. Could the seasoned veterans here please recommend comprehensive learning materials - books, videos , to learn everything about how to asses and valuate these investment vehicles to begin investing in them. Thanks !
What would be the criteria to look out for when investing in REITs ?
I am really young , and have little capital , please advise on the type of investments i should be making.
Thank you for your invaluable inputs !
The fastest way to pick up on value investing is to sign up for a course that teaches you value investing.
Learn from a tested, proven mentor, who walks the walk, talks the talk and leads by example with good after course follow up and support group.
I myself sign up for lots of self-improvement and self-development courses including investment courses and have finally found the right mentor and support group that offers on-going support.
Majority of the trainers will simply charge you a 1-time-off fee for a 3-5 days max investment training and you're on your on.
The latest trainer i learn from have a series of FREE follow up classes, tutorials and meet ups to guide us into becoming better value investors with regular followup and support programs.
If you like to find out more, let me know, i can help you find out their preview dates.
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usually a lot of sales pitch during investment talks/seminars/training
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learn from the best - Buffett, Munger, Greenblatt, Whitman, Price, etc - from books, blogs and youtube for free...and at your own time too....
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Books that helped me most: Intelligent Investor (regarding temperament), "One Up on Wall Street" and "Common Stocks and Uncommon Profits" (on picking great stocks).
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