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

Sunday, 23 April 2017

Never Attend Any AGM and Don't Read Annual Report Anymore???


Probably; Uncle8888 is one of those retirees and investment bloggers who till now never attend any AGM and don't read annual reports anymore; BUT he follows every piece of news and quarterly announcement of companies in his watch-list closely.

Like that also can survive?

Retail investing is more than just analyzing. 

Stock Market - What is the nature of this beast?

Stock Market is one of those Complex adaptive systems



Complex adaptive systems are special cases of complex systems. They are complex in that they are diverse and made up of multiple interconnected elements and adaptive in that they have the capacity to change and learn from experience. Simply, it means the Stock Market has a mind of its own.

Read? Wise Words Series - Part 3


Can you answer this question after some deep thought?

Do MOST of us actually made the MOST money from the stock market from (1) companies earning or (2) Saving from earned income from other market players/participants?


4 comments:

  1. Yes ! We always look at the world or things as " linear ",,,, most of the economic or financial analysis being done in " linear extrapolation " in their modeling,,, stocks or financial markets can't really being predict in such a way,,, it is in a "non linear and power" form,,,hard to predict such behavior,,, yes,,, it has to be adapt with it...👍👍
    Cheers :-)

    ReplyDelete
  2. ... BUT he follows every piece of news and quarterly announcement of companies in his watch-list closely.

    By doing so you have already read the annual report in quarterly form.
    You get better feel of the company progress. The 4th quarter report is also a annual report in simple form (less marketing materials).


    ReplyDelete
  3. Never attend any AGM?

    Not even one?

    Actually until now i am this category too.

    But i think i may try one in future.

    Anyone recommend one of the better one to attend?

    Don't worry, a 100 shares entitle one to attend?

    i only read when i want to buy something.

    ReplyDelete

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