Read? Getting good returns without too much risk???
Read? Fear Of Investing
"He did not understand which company to choose, neither were there complicated analyst reports to follow. He used what he knew, simply follow government supported companies that have a monopoly in Singapore market at that point in time.
He bought paper shares into SPH, Singtel, SIA, basically according to him jokingly, Companies that have Singapore in their names."
The bus driver is natural student of Warren Buffet who understands the Wisdom Of Warren Buffet.
What is risk? The conventional definition of risk in finance literature is price volatility. But to super-investor Warren Buffett, risk is the permanent loss of capital.
Why pick GLC companies?
Risk of permanent loss of capital is low!
What did Uncle8888 say in Apr 2009?
Nobody know market lowest is in Mar 2009.
Read? Safety Net in the Market?
Read? Safety Net Revisit
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