tag:blogger.com,1999:blog-28086856.post2773043038295343602..comments2024-03-20T01:42:13.273+08:00Comments on Eight percent per annum: Value investing in Singapore stocks: The truth about being richJayhttp://www.blogger.com/profile/03292158817395898619noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-28086856.post-91764051776105594682008-04-01T19:34:00.000+08:002008-04-01T19:34:00.000+08:00This is the way we do business, and how our San Di...This is the way we do business, and how our <A HREF="http://rlhequity.com/rlhinvestments/index.html" REL="nofollow">San Diego business investors</A>, intermediaries and portfolio companies regard us. And this is why we're referred to as "principled partners."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-52803348622584856472007-03-25T00:01:00.000+08:002007-03-25T00:01:00.000+08:00Good point there berkshire!Many times I wonder how...Good point there berkshire!<BR/><BR/>Many times I wonder how great life would be if I had received a fortune from somewhere. Or if only my family is some rich family.<BR/><BR/>But on further thoughts, I probably wouldn't be so hungry for financial success and thirsty for investment knowledge if not for my circumstances right now. So in some ways, perhaps this is actually a blessing from heaven!sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-49444318853139564392007-03-20T22:48:00.000+08:002007-03-20T22:48:00.000+08:00Hi 8percent,I agree with you that richest is just ...Hi 8percent,<BR/><BR/>I agree with you that richest is just a relative subject. It is usually measured by what satisfaction it brings to you both in terms of material and the security it brings to you. For example, some may feel secure only if they have a few millions, some feel secure even if they have much lesser.<BR/><BR/>Personally, I think that the amount you have is determine by not how much you have to start with. Even if you have a dollar, you can be financially free if you know how to work with that dollar. People like Sam Walton or Warren Buffett, rich as there are, will pick up a dime which they find on the floor.<BR/><BR/>More importantly, it is important to distinguish how richness is defined. It comes in two forms. The first is to measure richness literally by net-worth. The second is by knowledge and appreciating the finer principles towards having a fulfilling life in general.<BR/><BR/>Being rich in the first case will not change any thing basic between two people except in terms of material things. People still can only sleep so much, have so much time in the world, eat so much and so on. <BR/><BR/>Many just look from the outside of richness and wealth. Instead looking from inside out is a much better approach.<BR/><BR/>Especially for inherited wealth, many a times, it is a "death" card dealt to them. Sam Walton says inheritance creates a class called "idle rich." A heir to a huge family fortune once said "inherited wealth is as certain death to ambition as cocaine is to morality."Berkshirehttps://www.blogger.com/profile/02415080722037608944noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-12544801288348064152007-03-17T23:55:00.000+08:002007-03-17T23:55:00.000+08:00Good point, especially when you see the mega rich ...Good point, especially when you see the mega rich getting caught breaking the law to get even richer. That's nuts! Will we ever be satisfied? That's the problem when we begin to measure success by the size of our bank/CDP account and neglect the things that are really important.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-3816895184189069712007-03-15T22:56:00.000+08:002007-03-15T22:56:00.000+08:00insightful. But for me it's very simple. All I wan...insightful. But for me it's very simple. All I want is my millions so that I can retire comfortably with my future wife. Period!sm@ll.fryhttps://www.blogger.com/profile/03751757859835343020noreply@blogger.com