Wednesday, 30 September 2015
What Is Really Important In Long Term Investing???
No guessing here!
Uncle8888 diligently tracked every position in his portfolio and knows how every position performs.
There will be Good, Bad, and Ugly. We can't never escape!
How good, how bad and how ugly?
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros
How good when he is right?
How ugly when he is wrong?
2 Good vs 1 Bad and 1 Ugly!
He has bought back his Kep Corp at $12.14 in Jul 2007. So high! How ugly can it be?
See for yourself!
Why Uncle8888 still choose growth-dividend strategy over income dividend investing even though he now aims for higher cash flow.
The wisdom of George Soros in play!
CW,
ReplyDeleteSmall typo. It's not July 2017 but year 07.
Single stock futures have not taken off in Singapore ;)
OK, now to answer your question on what's really important in long term investing?
ReplyDeleteLiving long enough to collect?
Very true and to add on. To spend more money on ourselves and our beloved ones or else one day when strangers become close friends will help us to spend our money.
Deletetemperament and CW,
ReplyDeleteI think I'll make a good crosstalk (相声) partner ;)
Many don't quite understand the purpose of a "poke".
You both sure know the rules of engagement and how to play along :)
Psst. "When is more important than what". This statement will make fundamental investors choke on their coffee; but how many can come up with a good retort based on their own track record? Ouch!
LOL!