30 January 2013

Value Investor is not a Long Term Investor: Short note

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Personally, I practise value investing instead of long term investing.

Value investing strategy that I practise is to buy undervalued assets, and hold it until it has been over-valued by the market. It can be considered an aggressive or active strategy, instead of passive strategy. It is aggressive because value investors use lots of efforts and time to evaluate and discover potential undervalued assets, then monitor them and take appropriate action from time to time, quarter to quarter, even year to year. In other words, it is unnecessary to "label" an expire date or profit ceiling for any acquisition. As long as it is still undervalued, then there is no point to "cheap sell" it, and vice versa. Thus, the core philosophy of value investing is to evaluate the so-called "value" and then, make rationale decision upon it.



27 January 2013

The Book of Man by William Bennett: Review

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The Book of Man: Readings on the Path to Manhood
By William Bennett

Summary:

This book compiles abundant inspiring stories of MEN in various aspects, i.e. men at War, Work, Leisure, Police, Family, and Belief. A belief summary have been provided in Video form as follows:



24 January 2013

Free PTPTN and Education: Insights

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Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) is some sort of education loan for students to further their higher education in Malaysia. In previous post, I shared my points of view about the negative consequences from free PTPTN. In this post, I would like to solidify the statement and the conclusion in a clearer fashion.
 

Free PTPTN

Condition 1: You achieve the first class honour in your undergraduate program.
 
Consequence 1: You are supposedly more productivity, creative and innovative. You are deserved to have "Free PTPTN" as an appreciation for your hard work.
Fact 1: You are eligible to exempt your PTPTN loan. Tax players are mostly willing to reward you because you are expected to contribute more to the development of the country.



21 January 2013

Only Well Prepared and Brave People Catch Opportunity: Investing Insight

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Well, suddenly, FBMKLCI dropped around 40 points yesterday. What happens? I did not find any news until my remisier SMS and inform me that the reason to cause this 'adjustment' was a rumour of "parliament will be dissolved soon". Come on. We all supposedly know that the parliament will be dissolved within 3 months. So, why this rumour is still so 'powerful' to 'shake' FBMKLCI down?




20 January 2013

Tangible and Intangible Value in Investment

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It is well known that we can categorise assets into tangible and intangible assets. Tangible assets are physical objects that have value. When an object has a value, it can be exchanged for money or other assets directly. For example, the inventories, the land, the properties, the building and the machine of a company are the tangible assets. On the other hand, valuable but invisible objects such as brand, skills, privilege and network are considered as intangible assets.

As a value investor, I have a great interest to 'seek'  a better way to evaluate the ultimate value of a company or business. Previously, I only consider tangible value of a company. Although it helps me to avoid lots of trap and to achieve satisfactory investment return in last few years, I think it is the time for me to move up to the next level.



15 January 2013

Simply Making Money Plan: Here got Silver 300 taels

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"Here no silver three hundred taels" in Chinese is "此地无银三百两". It comes from a story about a person who wrote a sign board of "Here no silver 300 taels" to indicate that his backyard does not have the aforementioned silver after he has buried those silver in that area. Its meaning can be "Never try to prove what nobody doubts"  or "A guilty person gives himself away by consciously protesting his innocence". This can be either a funny story or a philosophy that we should concern about. If "no silver" is used to mask the silver so that nobody knows it, then "got silver" may be used to unmask "the silver" so that everybody knows it. In this post, I would like to share some idea about "Here got silver 300 taels".




14 January 2013

Everyone has an Interest in Properties: Bubble Creation - Insight

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Recently, I have observed an interesting phenomenal: everyone has an interest in properties, either properties development or properties investment. The rich tends to be properties developers; while slightly rich guy tends to be properties investors (of course, there are lots of 'heroes'. But I am not going to include them in this sharing).
 

Supply-demand theory

One interesting thing from this interesting observation that I can figure out is it is total 'safe' according to the supply-demand theory. Yes, it is 'total safe', if and only if, the momentum is continued, ever-lasting. On one hand, there are lots of supplies (obviously, from either newbie or experienced properties developers). On the other hand, there are lots of 'demand' (from investors). Thus, one way to continue this momentum is to 'nurture' more 'new investors' to consume these 'abundant supplies'.



10 January 2013

Why I don't like to invest in Properties: Investment philosophy

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Properties investment, cannot be denied, is capable of creating huge wealth. Needless to say, there are lots of successful stories around us. Yet, there are lots of unrevealed failure stories. Personally, I do not like to invest in properties because it does not suit my investment philosophy. My investment philosophy is quite simple: Only invest in a business that is capable of creating value that benefits to its owner (such as shareholders), to its users (such as consumers and customers), to the social (such as job opportunity and career development).

I must highlight that I am not interested in a "simply earning money" business. If a business simply will generate attractive profit without any contribution to its users and social, I double its sustainability in the future.
 



05 January 2013

An Idea Housing Design: Sustainable and Eco-friendly

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I believe a good housing design must fulfil the two fundamental criteria: Sustainable and Eco-friendly. Instead of focusing on those the so-called IN or fashion design, I expect my dream house to be sustainable and eco-friendly.

This article discusses what is sustainable and eco-friendly and how to be them, accordingly. However, please leave this page if you are truly enjoy to "renovate" or "re-design" your house frequently. This article only suitable to those who prefer to save their precious time and money via sustainable and eco-friendly housing design.