As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 29 October 2016

Only Outcome That Matters! Doesn't Matter How We do It!!!


Uncle8888 met this old fisherman during his walk around the coast of Singapore walking trail.

We must learn from this old fisherman what he did for his fishing. 

He didn't use fishing line at all as he refuses to cut losses (no breaking of fishing line). He will do with all his strength to recover his "line" and even to the extend of breaking up the hooked fish.

He told Uncle8888 many other fishermen and passers-by shook their head and laughed at him when they saw how he fish. 

To be honest; when Uncle8888 first saw it; he also smiled and said Walau!

Uncle8888 was thick skin even though the old fisherman ignored him; but Uncle8888 hung around and kept talking to him until he opened up and answered his questions on the "secret" behind his fishing method. :-)



Super kiasu!


夸张



Steel wire!



5 mm rope!














Uncle8888 did learn something from him for his investing thinking. In the end; it is our investment outcome that really matters and not HOW.

Big fishes are those multi-baggers that worth photo taking! LOL!



3 comments:

  1. CW,

    Indeed.

    Takes courage and conviction to stick to a method that works for us - and us only ;)

    ReplyDelete
  2. The 1st courage is you can think for yourself what is best for you and not the World thinks for you.
    i think all successful Operators in the stock market must have the 1st courage.

    ReplyDelete
  3. 1st courage is actually applicable to all aspects of our life.

    ReplyDelete

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