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23-03-2014, 04:46 PM
(This post was last modified: 23-03-2014, 04:48 PM by Temperament.)
(23-03-2014, 12:33 PM)investor101 Wrote: I am not keen to buy Li Ka Shing's IPOs at the start. Li didn't get rich by offering good deals to others. He got rich making good deals for himself, and convincing others that they gotten a good deal out of Li.Couldn't agree more. What about the Li's dynasty in Singapore? Slightly better Than HK's Li's dynasty?
Better to buy his IPOs long after the hangover, from all the hype of having the name "Li Ka Shing' attached to the IPO. Look at HPH Trust. You are better off buying it two years after it IPOed.
Too many people think that buying into a Li Ka Shing IPO makes them "business partners" with him. They are not!
Never want to buy any IPO from him (HK's Li) since day one.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.