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!
Tencent bounces back: What to know about China’s tech giant
-
About Tencent (SGX: HTCD): A Global Leader in Digital Services Established
in 1998, Tencent has become one of the most recognised companies in China
and ...
2 hours ago
Yup ... When Mr Market gives everybody a -40% or greater discount... That's margin of safety 😄
ReplyDeleteQuestion is how many bullets & missiles you have .... And whether you're willing to pull the trigger? Hohoho!!
Heheheh!!! Not easy to pull trigger when Mr Market gives us a big discount!! :)
ReplyDeleteI 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!! :) :)