It is no way to reply again and again to those fellows who cannot understand ‘Value Investing’ concept. Just like what Warrent E.Buffet has commented that ‘Value Investing is a very sample and understandable concept of which normal people will either understand and accept it within 5 minutes or never get in touch to the idea’.

Let others talk cock but you still insist with your believe into the concept from the “Benjamin and Todd” community.

BTW, I like your blog very well and hope you keep it up and post more frequently.

i guess i understand what u mean… when Average ppl are fear… u should see more value in it… true also, otherwise BERKSHIRE won’t pump in billions of dollor LOL. But reality, not many ppl among us have tons of money and dun know what to do with it for the next 5 or 10 years right? less than 20% of investors are aggressive lor… the rest more balance portfolio i think… We are barely just enuf to feed ourselves only…. it’s saiid that malaysian who own 100K savings in bank are the top 10% in this country wor… the rest just u and me lor (ok… maybe not u

also… i don’t really admit i’m average… but more “Prudent risk taking ” Both u and i cannot see the bottom of the bear right? so gotta be careful… Being different can mean other ppl die, you Survive…. or just plainly “Die other way LOL ”

Nice blog, i shall follow-up… and all the blogger here should too But dun la 5 posting a year

Hmm… worth reading… few things would like to comment on your perspective:
#1 – good sharing… but why are u so reluctant in terms of pooling your $ with ali or ahmad?? we are not livin in caste system la… or it’s in your blood

#2 – talk about PE ratio… it’s only making sense when the market behave normal… now the market turn haywire… most of the indicator don’t really fit well in this circumstances… stay close & stay alert is the best advice i could think off now…

#3 – Agree, now we really should “Dump away all the statistics”…
But… u can’t compare China & India now to US la man… u sure know much US GDP contribution to the world rite also, stil have japan and euro leh (although they’re in deep shit now!) China and India have hundred of millions of people who lived on less than 1 USD a day ok… and how many of them die everyday just bcoz they can’t access to clean water? … nike shoe some more… I doubt the problem can be solved in 20 years… not even factor in other BiG Big issues i.e. political stability… environment pollution… As for how many condoms are required by China and India i’m not interested but i do know that u don’t require a substantial amount of rubber can make millions of condom rite?… and world wide produce multi millions of tons a day rite?! shouldn’t factor it in la not making sense

#4 – When price drops, It’s WILL NOT GET LESS RISKIER OK! There are a lot of share can fall to zero value… even a country like Ireland can go bankrupt! MOre over a stock… To me… it’s may get less volatility… and that depend on the nature of the business as well as the fundamental of the company… Cheap valuation doesn’t mean it’s a good buy… if outlook not remain robust…

#5 – Totally agreed! … but the golden rule… STAY DIVERSIFY

#6 – Totally disagree! I dun know which school u came from… but i alwiz remain humble… although it’s the most reputable Uni in M’sia… but i never dare to compare to those Ivy League in US & UK ok… If they are useless? then who we are?? John Nash came from Princeton OK… not mine or your uni… unless you can tell me u are Princeton alumni then i’m… speechless Also, USDMYR movement depend on few things… i.e. eco fundamental, sentiment…. what analyst does are based on current movement and fact… not pluck form sky la… got fundamental one ok… if they talk more cock than ah yap… then i guess all the people cock are on one’s mouth… only ah yap one on groin As for oil price… do you know that i read the report from JP Morgan sometime in June that they price the future for crude oil about 60 when the oil price at the time near or over 100? I think they are insane too but the fact is…. THEY ARE RIGHT! Of coz… u dun read report from internet or some eco section in some local paper la… go grab NY Times or reputable one

As for your Bonus one… erm… no comment la… coz i dun believe in free lunch Anything have pro and cons la… dun “Divine” your ICAP la… just a fund with a specific portfolio nia nia mah… people who dun know might feel a bit … misleading lor Maybe u can share with us this “Saint Fund” performance from Jan-08 to Oct-08″? then i guess any dumb dumb one like me here can choose any bond fund in the paper and it will easily OUTPERFORM ICAP as for reason being?? super simple… different asset class lor… who ask ICAP buy into KLCI

nuf said… 30 min oledi enuf… U spent 9 hours??? It’s your sir name LIM? Then i guess i know why but i still dun understand what’s to be proud of for being listed under “so hai” No.1 by Google?? Then i guess there’s nothing shame to say that i have “Ti Cheng” on my butt

@camelgrass,
I bought ICAP for my mum at RM1.29. Need to say more?

‘High risk high return’ definitely the darkest cheap in the modern financial theory!