Singapore Press Holdings (SPH)

[CityFarmer]

Hi Uncle Temperement, let me share my "funny" thought.

I am a fan of chinese martial art story book in my teen. It make me recall normally 3 stages one can advance one's kongfu

Stage 1: As a new starter, you witness wonderful show from master, dream one day you can become one.
Stage 2: you learn various skill, stroke and build-up your strength. You do whatever master tell you. Practice hard day and night. You see you are advancing... very happy... BUT after reaching a point you think you master all skill, stoke to perfection, you wonder why i still not be able reach the level you witness before.. very frustructed... bottle-net reach you thought... start to doubt you are not gifted for it.

Master will tell you, to advance, you have to forget all skill, stroke you learn. Be yourself and follow the instinct

Stage 3. You are master finally. The martial art build into you. you can pin down anyone without any stoke. Martial art is part of you, whatever you did is martial art which is fatal.

I am over stage 1, and in the beginning of stage 2. So i am still in practicing stoke and skill, hopefully i can be warrent buffet. I dream that i can pick stock and estimate their "intrisic value" like a book with the skill i learn.

I wonder when can i reach stage 3? maybe never come. it is the stage where you do not restrict yourself to "speculation" and "value", be "buy low, sell high" or whatever name of strategic you can find. You are always buy at the right time, sell at the right time, your instinct can tell whether a company is "good" or "bad", estimate "intrinsic value" down to cts.

I starting to wonder whether you are at the beginning of stage 3 ;-) haha... uncle Temperament