tag:blogger.com,1999:blog-37872616.post4581058747782751225..comments2024-03-29T05:45:54.272+08:00Comments on BULLy the BEAR: The origin of duckula06la papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-37872616.post-91994817557777252702008-02-17T15:57:00.000+08:002008-02-17T15:57:00.000+08:00LP,You are responsible for your own investment lea...LP,<BR/><BR/>You are responsible for your own investment learning journey. (and its outcome. To quote what STUpld said, don't trust anyone but your own analysis and observation.<BR/><BR/>MW, thanks for your thoughts as always. I couldn't have said it better. <BR/><BR/>HHUnknownhttps://www.blogger.com/profile/10309298986586904687noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-47361327327189346172008-02-16T23:53:00.000+08:002008-02-16T23:53:00.000+08:00Hi Mw,Haha, you're right, it's quite unpopular. Yo...Hi Mw,<BR/><BR/>Haha, you're right, it's quite unpopular. You know, when i talked to my insurance agents (and his friends) about companies, they just shot me that 'what are you talking about' look. To think that he is a financial advisor...tsk tsk.<BR/><BR/>I think most people dun do it because it's very tough, dun see immediate returns and have to read a hell lot of things. It's hard to break into the technical jargons before reading anything makes any sense. It really took me a while before all the ratios start to make sense to me...so I wonder if anyone felt the same way?<BR/><BR/>Thks guys for the great comments!la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-33583927665984629472008-02-16T23:49:00.000+08:002008-02-16T23:49:00.000+08:00Hi HH,Thks for your comments :)I'll follow your ad...Hi HH,<BR/><BR/>Thks for your comments :)<BR/><BR/>I'll follow your advice to read, reflect, respond and review. I'm rather weak at reviewing, so I'll do more of that now :)<BR/><BR/>I do agree that stupidbear asked a important question, hahala papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-33286810115977220402008-02-16T18:54:00.000+08:002008-02-16T18:54:00.000+08:00Hello LP,I think we all cannot claim to be any exp...Hello LP,<BR/><BR/>I think we all cannot claim to be any experts or gurus in FA or BA until we have managed to achieve financial freedom hehe. For me, that is the goal I am striving towards in about 10-15 years time when I hit 45 years old. My planning had started since I was 29 and it has been 3 years of studious investing that got me some returns. All of us are still learning and everybody's journey is personal (i.e. two people may view the same event but perceive something different from it).<BR/><BR/>As to why investors are generally a quiet lot, it's because there's nothing much to discuss about ! True investors will ignore the market and the huge amount of noise that comes from TV, commentators, analysts, economists etc. and focus on the real issues: the companies they own. Another reason why I keep quiet about my method of investing is because it is very UNPOPULAR ! Haha, almost no one I know will listen and pay attention because my method is slow and "boring" and requires extensive reading, research and analysis. I did mention in a previous post that most people find value investing archaic, and even WB wonders why value investing isn't more popular considering it's got a good track record ! If you look at the people around you, almost 95% will practice some form of trading or market timing; rarely do you find anyone who focuses just on companies and not markets.<BR/><BR/>Thus, I prefer to "join in" discussions about the market for the sake of social well-being, not because I generally care about the market. Sentiment is important for me to decide if anyone is being foolish and selling a good company at an attractive price, but otherwise I can ignore prices. They say it's easy to spot the value investor at a cocktail party: he is the ONLY one talking about an actual company when everyone else is talking about the market.....<BR/><BR/>Have a good week !<BR/><BR/>Regards,<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-4515206456695974712008-02-16T11:15:00.000+08:002008-02-16T11:15:00.000+08:00Feb 08, 11:45Stupidbear: But why is that a bargain...Feb 08, 11:45<BR/>Stupidbear: But why is that a bargain price when it's worth that price from it's earnings? Isn''t that buying at the price it's worth and not at a bargain ? <BR/><BR/>This is an excellent question LP. It dwells into a deeper layer of BA.<BR/><BR/>Gurus are never stingy in sharing, that's what I like about them and like to learn from them. KK said it right, market is the best teacher. Investment is a personal learning journey. <BR/><BR/>As I began my personal bible study. There are 4 important Rs which I follow: Read. Reflect. Response and Review. <BR/><BR/>Today is the first day I started my review. I am always good in reading, enjoy reflecting.. not so fast in responding but SELDOM review. (like weekly or monthly review) <BR/><BR/>As I review along, I thought of applying the same principles to my investments. <BR/><BR/>Read. Reflect. Response. Review.<BR/><BR/>After reading (and learning from forumers here), I reflected for a while and well, take some actions for my investments. (stocks, properties and others). Bearing in mind that my priority is to have a good long term investment so that I could focus on my spiritual growth.<BR/><BR/>Response doesn't mean TAKING ACTION. The choice not to take any action is a response too. <BR/><BR/>For StupidBear:<BR/>I do not have any secrets. I started working real hard, real young and save most of the money (at one period, 5 figs monthly. I do not have time to spend them). I lost bulk of the money in 2000 when I bought lousy stocks but held them long term. Recoup back all the losses in 2003. Now I try not to trade because I am lousy at it. Trading also affect my emotional well being. <BR/><BR/>I am influenced by 2 mentors who achieved spectacular returns at a young age. One passed on last year and and taught me an important last lesson that make me re-prioritize my life. <BR/><BR/>BlessingsUnknownhttps://www.blogger.com/profile/10309298986586904687noreply@blogger.com