tag:blogger.com,1999:blog-6897513886211197509.post1026734107857637186..comments2024-03-29T20:19:17.530+08:00Comments on Singapore Man of Leisure: What's the first rule of investing again? (Part 1 of 2)Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-6897513886211197509.post-84162502877062896722016-02-18T23:59:36.563+08:002016-02-18T23:59:36.563+08:00Rolf,
Anytime!
But that will cost you a drink ;)...Rolf,<br /><br />Anytime!<br /><br />But that will cost you a drink ;)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-51519292639239883732016-02-18T21:15:23.418+08:002016-02-18T21:15:23.418+08:00Hi SMOL,
I read “snowball” and a couple of books ...Hi SMOL,<br /><br />I read “snowball” and a couple of books on WB plus countless of his youtube vids. Know a fair bit of his life via reading. <br /><br />I respect WB but he is not my favorite. He is great, but also supported by the tailwind of borning in the right era and in the right country! <br /><br />Sometimes when I quote him (I do sometimes, bo bian – pple like to hear), I did feel a bit disgusted about myself! <br /><br />The phrase I hate most is “Be greedy when others is hungry and vice and versa!” I read/hear this phrase, my goose pimples stand, especially for those newbies in life and investments! <br /><br />In fact I think WB is NOT INTELLIGENT at all like many others think until he enlightened his big mistakes in life (not just in buying Berkshire). Ok smelly eggs throw at me by those value investors! <br /><br />Imagine he let “the love of his life – Susan Thompson leave without putting effort even to ask her stay”<br /><br />So at that point of time, when he was at the top of the world in investing, he knew nothing about life. And that is why later, he mentioned letting Susan leave is one of the biggest regrets in his life. <br /><br />I think rather than keep idolizing a person achievement in one part, we should learn more about the life story of the person and his evolvement. It helps us to think further and broader, and I think this enlightenment will help in our investment. <br /><br />So stop quoting WB rules / phrase in investment – goose bumps again! <br /><br />Thanks for this post to let me vent off some of my steam. haha..<br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-48394362857524715962016-02-18T16:31:55.814+08:002016-02-18T16:31:55.814+08:00i can gives them all the shares that i got, no pro...i can gives them all the shares that i got, no problem! <br /><br />i know i can easily, well not really easy la, get back in again!coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-7591687145961256142016-02-18T16:29:32.830+08:002016-02-18T16:29:32.830+08:00yes sir, it doesn't matter what and how you fe...yes sir, it doesn't matter what and how you feel, trade with the market, not what or how you feel.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-38143472930980916432016-02-18T16:20:28.489+08:002016-02-18T16:20:28.489+08:00coconut,
That's why I say this week and maybe...coconut,<br /><br />That's why I say this week and maybe this month is yours ;)<br /><br />STI I reckon will trade the range between 2500 and 2700. I wouldn't get too excited until the range breaks - bull and bears will make money :)<br /><br /><br />Newbie traders must watch and learn from you:<br /><br />You are bullish so you are selling as the market goes higher ;)<br /><br />LOL!<br /><br />This is not a poke. This is part of money or risk management ;)<br /><br />When you understand, you can throw away the "newbie" adjective :)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-78519639516290589582016-02-18T15:52:02.046+08:002016-02-18T15:52:02.046+08:00still selling....hope i didn't over sold....
...still selling....hope i didn't over sold....<br /><br />also try to cut losses on those stupid shorts, not a lot but pain in the neck.<br /><br />judging from the market moves, it really feels like market bottom out, at least for a while. it usually moves in a way very hard for the bull to jump back in again. inexperience one will be completely left out, it happen to me in 2011 also where i took a hugh lost.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-64782765691833378512016-02-18T09:41:11.297+08:002016-02-18T09:41:11.297+08:00coconut,
Thumbs up.
Taking some money off the ta...coconut,<br /><br />Thumbs up.<br /><br />Taking some money off the table is an excellent money management technique. <br /><br />It's the 2 dots in the Ying and Yang Taoism symbol.<br /><br />If we are 100% high conviction market will go higher, of course don't sell! <br /><br />But if we entertain a little humility that we could be "wrong", then sell down to our sleeping point :)<br /><br /> Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-14330357894809558332016-02-18T09:32:24.187+08:002016-02-18T09:32:24.187+08:00watching almost towards US market close last night...watching almost towards US market close last night, today i only hit the sell button.<br /><br />they say you have to sell down to a sleeping point! and that is exactly what i will do for the next few days.<br /><br />i have a feeling my sleeping point is at zero for investing haha...coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-15530401835424493092016-02-18T09:11:48.824+08:002016-02-18T09:11:48.824+08:00coconut,
That's why I treat your "attemp...coconut,<br /><br />That's why I treat your "attempts" at investing as "talk male chicken".<br /><br />You can't sit still ;)<br /><br />Market gap up. You win again!!!<br /><br />Lucky I got out of my short yesterday. A good trade or bad trade is not determined by whether make money or not. Our buy and sell processes determine it.<br /><br />Something retail "investors" can do well to learn from traders ;)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35086721249307418302016-02-18T09:07:29.626+08:002016-02-18T09:07:29.626+08:00Sillyinvestor,
You have expressed this "less...Sillyinvestor,<br /><br />You have expressed this "less analyzing; more investing" very aptly in our rojak Cheena :)<br /><br />Less analyzing does not mean no analyzing. When opportunity appears, we strike! No mind.Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-1534536351164672082016-02-18T08:57:24.335+08:002016-02-18T08:57:24.335+08:00but if you consider me an investor, i should score...but if you consider me an investor, i should score an F and a M....<br /><br />F for fail and M for mad.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-20912633475531520272016-02-18T06:25:34.484+08:002016-02-18T06:25:34.484+08:00Ah.. I like the analogy...
But we need both peopl...Ah.. I like the analogy...<br /><br />But we need both people to run a place and keep peace.<br /><br />I Defintely 文人。but aspire to be 文韬武略。<br /><br />U reminded me of a phrase of my favorite comic, here come the adaptation:<br /><br />武将怕技不如人,<br />文官怕计不如人。<br />文官也好,武将也罢,<br />机会来了,都要“wu ji" (hokkien)Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-87043318042018574472016-02-18T01:08:36.852+08:002016-02-18T01:08:36.852+08:00although it is still early to call, but this year ...although it is still early to call, but this year alone i try to hedge not once but twice becos i was so convence that the market is going to go down, sentiment was really really bad and market had price in for a world wide recession already!<br /><br />twice this year i jump in and out and in and out and in again, totally exsosted mentally.<br /><br />no i think i should get A+ haha....coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-5359101788612083292016-02-18T00:54:09.704+08:002016-02-18T00:54:09.704+08:00those trades mentioned are on top of my usual long...those trades mentioned are on top of my usual long/short trade but has since being scale down cause of margin concern.<br /><br />mean time i jsut concerntrate on rebalance my portfolio, they are all over the place.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-41089454946704281012016-02-18T00:43:02.974+08:002016-02-18T00:43:02.974+08:00wah cannot sleep tonight, too long already.
smol,...wah cannot sleep tonight, too long already.<br /><br />smol, this is by far my biggest bet on the stock market, value wise, i have on hand 3.5 million invested, plus some stupid shorts i can't cover haha....<br /><br />you saw live didn't you on monday, tuesday and today? if the bottom holds this will be my best trade not becos of the coming winning but the execution part, i gave myself an A for that!<br /><br />as for the trade, too soon to celabrate.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-59075726048820611062016-02-17T23:15:57.733+08:002016-02-17T23:15:57.733+08:00temperament,
I don't like fast and choppy mar...temperament,<br /><br />I don't like fast and choppy markets too. I prefer swing trades that last for weeks; and position trades that can last for months or even years ;)<br /><br />Having said that, if a setup opens itself, having a go at gap up/down overnight plays or intraday moves is not beneath me.<br /><br />Kopi money is still money :)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-1439863378705312992016-02-17T23:10:56.637+08:002016-02-17T23:10:56.637+08:00Sillyinvestor,
Traders are 武将; investors are 文官。
...Sillyinvestor,<br /><br />Traders are 武将; investors are 文官。<br /><br /><br />You sit here and wait patiently for part 2 ;)<br /><br />好戏在后头。<br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-6508282737808393022016-02-17T23:03:28.950+08:002016-02-17T23:03:28.950+08:00Small Time Investor,
Ah! Another 没理头 kaki!
Come,...Small Time Investor,<br /><br />Ah! Another 没理头 kaki!<br /><br />Come, have a seat. Have a sip of coffee. Eat a char shao pao!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-56605358608688383772016-02-17T22:54:28.906+08:002016-02-17T22:54:28.906+08:00SMK,
You got to learn how to use greetings and sa...SMK,<br /><br />You got to learn how to use greetings and salutations!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35904333611297383862016-02-17T22:53:16.731+08:002016-02-17T22:53:16.731+08:00CW,
Trading gurus at least work harder - must giv...CW,<br /><br />Trading gurus at least work harder - must give live trades demo, provide instant messaging updates on latest buy/sell tips, share past winning trades (losing ones hide) as proof, etc. <br /><br />All in the here and now. "Koyok" no good, disciples run to another snake oil medicine peddler :( <br /><br />Investing gurus can seek shelter under "long term". If disciples complain negative results, tell them must wait 30 years or later. Win liao lor! <br /><br />30 years later either we either die or become senile. <br /><br />Even if alive and in good health, how to sue when the guru throws the statue of limitations at you?Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-17128214260994398112016-02-17T20:46:37.263+08:002016-02-17T20:46:37.263+08:00agreed smol. haha the question not meant for you.
...agreed smol. haha the question not meant for you.<br /><br />cw8888 nice snipe again. lolSMKhttps://www.blogger.com/profile/10968938425811827200noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-26660183836125092702016-02-17T20:09:08.245+08:002016-02-17T20:09:08.245+08:00Easier to sell value investing courses to weak min...Easier to sell value investing courses to weak minds as it will take sometime for to polish up their craft before they can complain that is not working. LOL!Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-52588674972793429062016-02-17T18:43:29.893+08:002016-02-17T18:43:29.893+08:00Lol coconut and SMOL,
I trying very hard to poke ...Lol coconut and SMOL,<br /><br />I trying very hard to poke SMOL, whoa, SMOL you got fans to block my poke.<br /><br />But really mean no "malice"<br /><br />Seriously, I am always very intrigued with what traders can bear, both financially and emotionally.<br /><br />Money earned is not money earned, money lost is not money lost l, because tomorrow not here yet. <br /><br />I said this with respect. While I dun have the craft, I think I agar agar u see stand it's concept and what it entails since recently there are Jac and lady killer turn wrestler who are also traders. <br /><br />I know for sure I cannot tahan that roller coaster. Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-197329056699104042016-02-17T18:25:50.064+08:002016-02-17T18:25:50.064+08:00I just drank one ufc coconut drink, feels refreshi...I just drank one ufc coconut drink, feels refreshing Small Time Investorhttps://www.blogger.com/profile/07278163226576640383noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-85017775290234631422016-02-17T18:03:37.011+08:002016-02-17T18:03:37.011+08:00LOL!
If "or else..." happens, I'll ...LOL!<br /><br />If "or else..." happens, I'll see you at Desker Road. <br /><br />Don't worry. I'll help you out.<br /><br />Coconuts for sale! Lelong, lelong! Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.com