tag:blogger.com,1999:blog-28086856.post116274043946014703..comments2024-03-20T01:42:13.273+08:00Comments on Eight percent per annum: Value investing in Singapore stocks: Secular trendsJayhttp://www.blogger.com/profile/03292158817395898619noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-28086856.post-56851763596366723352007-01-20T19:28:00.000+08:002007-01-20T19:28:00.000+08:00The problem with secular trend investing is that i...The problem with secular trend investing is that it focuses only on the 'demand' side of the equation rather than the 'supply'. Value investors usually find that a more contrarian stance helps. So, while the Peter Lynch mob are buying stocks at 52 week highs, the value guys are buying stocks that are at 52 week lows, and the market has failed to differentiate between the long term value and the short term disappointment. At the moment, hot areas include the IRs (snore), construction, frozen Chinese dumplings on PEs of 20x, palm oil. biomass power. Everyone hates electronics, and they hate holding companies. You need to be discerning, of course, but when everyone disagrees with your ideas, you're already half way to making a good investment, as sentiment can only improve - in secular investing, usually sentiment is sky high positive, and so can only be disappointed. <br /><br />Sorry to be anonymous. I haven't worked out how to get a Google address.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1163339738623248752006-11-12T21:55:00.000+08:002006-11-12T21:55:00.000+08:00Like I always like to say, it is never easy, it sh...Like I always like to say, it is never easy, it should not be, as in everything else in life.<BR/><BR/>Do you expect to beat Fandi in soccer if you simply watch and bet a lot of soccer matches?Jayhttps://www.blogger.com/profile/03292158817395898619noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1163178470537622582006-11-11T01:07:00.000+08:002006-11-11T01:07:00.000+08:00Hi Fishmen, I agree with you totally. Investing is...Hi Fishmen, I agree with you totally. Investing is a lifelong learning process which compasses many facets of perspective from finance to accounting to business to psychology and many others. It is a process where you try to find a good fundamentals and keep on trying to improve a little bit on it every passing day when you feel like it.Berkshirehttps://www.blogger.com/profile/02415080722037608944noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1163128506202792032006-11-10T11:15:00.000+08:002006-11-10T11:15:00.000+08:00Wow so rude! No wonder you must remain as anonymou...Wow so rude! No wonder you must remain as anonymous. With respect to 8%, I don't want to start an argument here in his blog with such crude people. <BR/><BR/>But I would like to state that I I'm in the learning phase. In fact one fascinating thing about investment that makes it so enticing to me is that I'm always learning new things. <BR/><BR/>That's why I visit blogs like 8% to learn, and also started my own blog to collect my thoughts and lessons. <BR/><BR/>Grow up, Mr Anonymous!sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1163049523423072702006-11-09T13:18:00.000+08:002006-11-09T13:18:00.000+08:00Bullshit! What rubbish are you talking about! What...Bullshit! What rubbish are you talking about! What do you know? Nothing, ZERO!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1162908060394638882006-11-07T22:01:00.000+08:002006-11-07T22:01:00.000+08:00I have no crystal balls, only ding dong bells and ...I have no crystal balls, only ding dong bells and they don't help predict secular trends (wow very hard to pronounce leh!).<BR/><BR/>Anyway I feel by time these sexy themes get publicised, its usually already stale and old news liao and time to sell. <BR/><BR/>But China I think is different as it would last longer than most other trends. But do be selective how you choose your China stock.sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-1162864167771857242006-11-07T09:49:00.000+08:002006-11-07T09:49:00.000+08:00This is not somehting new also but with the recent...This is not somehting new also but with the recent developments of blogs, youtube and consumer-feedback related sites, we can safely assume that the world will integrate into a single political/cultural entity. Just imagine politicians reduced to facilitators;public opinions can be gathered and aggregated so efficiently that laws can be made and passed almost instantly. <BR/><BR/> Back to your question, one of the major future secular trends could be related to the provision of such an extensive infrastructure to "unite" the world. Lets start looking for it now^^Anonymousnoreply@blogger.com