tag:blogger.com,1999:blog-28086856.post7301475280879179835..comments2024-03-20T01:42:13.273+08:00Comments on Eight percent per annum: Value investing in Singapore stocks: Investment, Golf and Hardwork!Jayhttp://www.blogger.com/profile/03292158817395898619noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28086856.post-64719779126205315632007-09-08T23:16:00.000+08:002007-09-08T23:16:00.000+08:00Hi, thanks for the comment!I guess the objective h...Hi, thanks for the comment!<BR/><BR/>I guess the objective here is more to win the average guy rather than beating Tiger Woods.<BR/><BR/>Similarly, in investment the objective here is to beat the average of 8%pa rather than to be the best of the best (25-40%pa for a long period).<BR/><BR/>Mundane as it may be this meagre return of 8-10%. It is actually very hard to achieve over a long investment horizon (10yrs or more).<BR/><BR/>This is logical bcos only if you have put in enough effort and hardwork, then will you see the results.<BR/><BR/>8percentpaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-45232499286251560832007-09-05T20:43:00.000+08:002007-09-05T20:43:00.000+08:00I agree that Value Investment requires lot of hard...I agree that Value Investment requires lot of hardwork. The problem with your investment analogy to Golf is that Tiger is playing in only major events, his presence at time create fear in other players; so much so that some of them could not at their best mentally!<BR/><BR/>While Tiger is going for his usual million dollar prices and many more million appearance fees, there are many Professional Golfers don’t mind participating in region event that they get chance to earn few thousand dollars top price.<BR/><BR/>In summary, there is hope for smaller and less equipped investors. Just avoid all the Tiger’s event! Anonymousnoreply@blogger.com