tag:blogger.com,1999:blog-1602023866179666640.post897834986042225546..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: 1997 Asian Financial Crisis: 20 years onCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1602023866179666640.post-87578568189708320012017-07-06T20:31:02.918+08:002017-07-06T20:31:02.918+08:00Hey, plenty on YouTube ... can watch until siao......Hey, plenty on YouTube ... can watch until siao...<br /><br />https://www.youtube.com/results?search_query=peter+lynch+investing<br /><br />How to pick stocks...<br /><br />25 golden rules of investing...<br /><br />Bottom fishing...<br /><br />Investment strategies for the public...<br /><br />Most important thing when buying stocks...Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-89685665439310299992017-07-06T18:38:21.749+08:002017-07-06T18:38:21.749+08:00I can't remember seeing any "Gurus" ...I can't remember seeing any "Gurus" teaching investing method like Peter Lych. If you have seen it; put the link here. :-)Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-89621540680530875102017-07-06T15:23:41.166+08:002017-07-06T15:23:41.166+08:00I know some of us *cough* *cough* oldies *cough* a...I know some of us *cough* *cough* oldies *cough* are fans of Peter Lynch ... kekekeke!<br /><br />Below is a link to a recent short interview with him by Institutional Investor magazine...<br /><br />http://players.brightcove.net/788927399001/r1x5YNbfbg_default/index.html?videoId=5418092573001<br /><br />What was one of his worst investments, why he quit managing money for people...Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-14249786279471111762017-07-05T10:43:09.933+08:002017-07-05T10:43:09.933+08:00CW,
I wonder if everything is random or just plai...CW,<br /><br />I wonder if everything is random or just plain dumb luck...<br /><br />https://www.bloomberg.com/news/articles/2017-07-04/two-decades-after-crisis-these-3-asia-markets-are-still-down<br /><br /><br />Buy-and-hold and passive indexing will be a much harder sell to Japanese, Taiwanese, and Thai investors?<br /><br />You mean there are no "ants" in the above countries that looked far ahead of their time?<br /><br /><br />Or maybe your goal based strategy was all about being in a government-linked company that never retrenched you?<br /><br />If out if job how to pick up 10 baggers in 2003? <br /><br /><br />Now that we BOTH are out of job, the next big one will be our litmus test ;)<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-22724982078407383362017-07-05T10:15:53.980+08:002017-07-05T10:15:53.980+08:00AFC for us (East Asia & SE Asia) is basically ...AFC for us (East Asia & SE Asia) is basically similar impact as GFC for US & Europe.<br /><br />Actually if not for QE 1, 2, 3, 4 by Fed, BOJ, PBOC, ECB, BOE all of us, both East & West, will be suffering worse than AFC now.<br /><br />I remember condo prices dropped by as much as 50% from 1996 to 1998. Sama sama also for certain expensive HDB e.g. Bishan, Toa Payoh, Marine Parade. Imagine $600K Bishan HDB in 1996 drop to $300K in 1998 also nobody want to buy (or got job to buy).<br /><br />Too many SMEs up lorry; highly leveraged biz men surrender; too many joes & janes lost jobs, cannot service mortgages. Banks had a field day auctioning all the confiscated properties --- but still cannot cover loans as the properties let go for a song.<br /><br />Keppel & Tat Lee banks had to merge to survive, and still not enough --- had to seek capital injection from Irish banks in 1999.<br /><br />In 1997 we still had 7 local retail banks in Singapore. The combination of AFC & Dot.com Bust resulted in consolidation of 7 into now 3 banks for survival.<br /><br />But those who were cash-rich or in civil service jobs had it good during those years! :) :)Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.com