In case you were not aware, the pages at the top of the blog point to other areas of the site which might be of interest if you’re learning to be a trader. You could write whole books on the subjects covered in them but I have started to put down all my thoughts in [...]
Archive for the 'Investment Notes' Category
IMF urges transparency… Are banks likely to respond?
Published by November 14th, 2007 in Investment Notes. 0 Comments I read today that on Monday the IMF urged banks to disclose their exposure to the sub-prime markets in the US.
LMFAO!!!!!
After multiple write-downs, bad earnings, guidances for low year end bonuses and multiple CEO departures, we still have no idea how badly affected banking balance sheets are, how much earnings will be affected over the [...]
IMF urges transparency… Are banks likely to respond?
Published by November 14th, 2007 in Investment Notes. 0 Comments I read today that on Monday the IMF urged banks to disclose their exposure to the sub-prime markets in the US.
LMFAO!!!!!
After multiple write-downs, bad earnings, guidances for low year end bonuses and multiple CEO departures, we still have no idea how badly affected banking balance sheets are, how much earnings will be affected over the [...]
Technical views provide a “hypothesis” of what is going on in the market. They are like notes taken by scientists studying some phenomena. Each one makes a set of assumptions based on what has been observed, and involves a prediction. If the phenomenon behaves as predicted, then the hypothesis would be correct, but if not, [...]
I’ve been getting a lot of mail recently asking me what is going on in the market. To that I always say: look at the price.
If you’re a short term trader, any which way you look at the price action for any indices in Asia, a top has formed. It doesn’t matter if you [...]
Popular Myth #2: Buy Malaysia. Stocks here are trading at a discount compared to similar counters elsewhere and are hence undervalued
Published by October 26th, 2007 in Investment Notes. 0 Comments Here’s another one. Let me give you a recent quote from a global investment bank on Bursa to illustrate my point:
“We note that Bursa’s valuation remains attractive vis-a-vis regional peers at 25.4x (HKSE 75.6, SGX 51.0x, ASK 25.6x)”
One of the questions I always ask when comparing companies is: “Why is the market discounting such a [...]
Popular Myths #1: Trade High PE Companies - They Have High PE For A Reason
Published by October 16th, 2007 in Investment Notes. 0 Comments Today we start a new series in our Investment Lessons section called “Popular Myths” where we try to dispel notions we feel to be incorrect, whether it be due to faulty logic or just because it’s the way of our Malaysian stock market.
#1 - High PE Companies have high PE’s because they are being rewarded [...]
Sometimes I like to compare stock picking to say, dealing in art or precious stones. When you’re not looking for that special unique feature of something which makes it rare and sought after, you’re looking in places where you can pick the damn thing up for cheap. This is why real merchants in gems [...]
I was just updating my post on the merits of good asset allocation rules here when I got to thinking about how I should perhaps try to construct some rules around diversifying one’s risk within a portfolio. Of course there are different ways to measure one’s “mix”, whether it be in terms of sector or [...]
If you look at my Yahoo finance charts on the right, you will several index charts of different countries. What do they all have in common? They all follow a similar pattern. Why? Because stock markets are affected by the same global forces of supply and demand. This is why it’s important to not only [...]
