tag:blogger.com,1999:blog-2580989564838748562.post1187003110174371591..comments2023-09-03T20:21:47.133+08:00Comments on Financial Freedom SG: More Knowledge = Better Investments?Lemizeraqhttp://www.blogger.com/profile/14066758470866342603noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2580989564838748562.post-26960382836386541702009-12-20T22:43:22.899+08:002009-12-20T22:43:22.899+08:00Hi financialfreedom,
Thank you for visiting.
Ap...Hi financialfreedom,<br /><br />Thank you for visiting. <br /><br />Apologise for the late reply but my house modem is down.<br /><br />Yes, attitude, skills and knowledge are all important. Too much dependence on one will make one a poorer investor who don't use all their weapons.<br /><br />LemizeraqLemizeraqhttps://www.blogger.com/profile/14066758470866342603noreply@blogger.comtag:blogger.com,1999:blog-2580989564838748562.post-23975261037414423972009-12-14T18:55:28.092+08:002009-12-14T18:55:28.092+08:00Hi,
Corrections :) I didn't just 'saw'...Hi,<br /><br />Corrections :) I didn't just 'saw' my future father in law winning a few lotteries, I'm still 'seeing' him winning now :) haha<br /><br />But I do agree with you. Whenever I see pple saying that the value of this company is x.xxx (3 dp somemore!), I'll wonder if this guy really thinks that whatever he is calculating is so precise and certain.<br /><br />Mathematics is not just numbers, it's a thinking process :) Unfortunately, most will just see the numbers but not the thought process.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-2580989564838748562.post-35318694879302898072009-12-14T14:48:28.098+08:002009-12-14T14:48:28.098+08:00Knowledge can only do good up to a certain point, ...Knowledge can only do good up to a certain point, just like marginal utility for food. Try eating more and more food and you realize the marginal enjoyment you get once your "full" threshold is reached begins to decrease, until you feel like throwing up if you eat more.<br /><br />I've realized this with my own reading as well. The learning curve was very steep for me initially when I learnt about value investing; but now I just fine-tune here and there. Too much reading will result in information overload and the classic "analysis paralysis" syndrome.<br /><br />Hence, I agree with you. If the smartest people made the best investors, then all professors would be blinking rich by now! Haha.<br /><br />Cheers,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-2580989564838748562.post-49369277354562595342009-12-13T18:40:23.405+08:002009-12-13T18:40:23.405+08:00Yep. Knowledge has only a slight correlation to h...Yep. Knowledge has only a slight correlation to how you perform in your investments.<br /><br />The other things that play a part is your attitude and skills.financialfreedomhttp://sgfinancialfreedom.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-2580989564838748562.post-43633696391566632752009-12-10T15:30:46.998+08:002009-12-10T15:30:46.998+08:00One over-used example:
BUY LOW, SELL HIGH
How ma...One over-used example:<br /><br />BUY LOW, SELL HIGH<br /><br />How many times have we come across this phrase, yet how many can lay claim to its successful execution?<br /><br />WAnonymousnoreply@blogger.com