As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Value Investing
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Wednesday, 20 September 2017

Margin of safety ???

temperament20 September 2017 at 17:32:00 GMT+8

Hi CW****(4 star GENERAL)

My compliment:-

"A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.” – Seth Klarman
How to achieve this kind of margin of safety?
We can't possibly analyze it!

 Only Mr. Market will indicate to us over the next few market cycles whether we have achieved this kind of margin of safety.


 Less analyzing. More investing - CW8888

 Leave it to Mr. Market as he has the final call!
Posted by Createwealth8888 at 19:27
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3 comments:

  1. Spur21 September 2017 at 01:18:00 GMT+8

    Yup ... When Mr Market gives everybody a -40% or greater discount... That's margin of safety 😄

    Question is how many bullets & missiles you have .... And whether you're willing to pull the trigger? Hohoho!!

    ReplyDelete
  2. temperament21 September 2017 at 15:23:00 GMT+8

    Yup.

    Only problem is the last watch when it was down about 8 to 10 %, i hesitated.

    Unlike 2008/2009, I averaged all the way down till March, the bottom.

    Those who dares to enter the market whenever there is a dip seems to be better then those who wait for the Robins to come.

    Ha, Ha.

    ReplyDelete
    Replies
    1. Spur21 September 2017 at 17:40:00 GMT+8

      Heheheh!!! Not easy to pull trigger when Mr Market gives us a big discount!! :)

      I still feel sick in the stomach whenever I follow trend following signal to go back into the markets e.g. like in Mar-Apr 2016...

      Since I'm already 80% invested, a 10%-15% drop from current levels won't be attractive enough for me to deploy war chest or new money .... Need bigger discount!! Hohoho!!!

      Maybe can just follow Uncle8888 ... I remember he has blueprint to invest how much percentage based on what levels STI drops to!! :) :)

      Delete

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