tag:blogger.com,1999:blog-18183714.post2006492683262989887..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Dissecting Warren BuffettSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18183714.post-73416060285535822532008-09-12T08:54:00.000+08:002008-09-12T08:54:00.000+08:00Datuk,Correct me if I am wrong, I think there is o...Datuk,<BR/><BR/>Correct me if I am wrong, I think there is one home-made Warren, Mr. Tan from i-capital. Information I got on his record amidst shorter timeframe than Warren because age are better off.<BR/><BR/>(Disclaimer : I don't invest in his company, of late tracking closely what his thinking behavious in local and regional investment)<BR/><BR/>Agreed with you that Warren's investment ideology is to understand the company did, focusing on growth and not "one day show" thing.<BR/><BR/>Environment changes, especially legislation and political development, usually does not agree with long term investment at least for now. For eg, when plantation / IPP company making money here, suddenly it slam with windfall tax. Luckily, they made an amend on IPP yesterday. <BR/><BR/>If "die-die" also wanted to have this definition of long term investment, I think IOI (proven shareholder returns), TOPGloves (world leader in gloves biz) and Petra (sound biz model, strong operating cashflows and low bad debt risk). However, it also boils down to the senior leaders at these companies because most of them are ageing soon.solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-31365184709721723012008-09-11T09:10:00.000+08:002008-09-11T09:10:00.000+08:00Obviously, no one could match warren's performanc...Obviously, no one could match warren's performance when come to stock/equity investments. In my opinion, his superior performance is derived from:<BR/><BR/>i)Able to identify the growth stock<BR/>inherent with competitive advantage in the world market.<BR/><BR/>ii) Buy at discount price particularly in reccesion period.<BR/><BR/>iii) Hold for long term for reaping the compunding effect and minimise capital gain tax.<BR/><BR/>iv) Understand the management of the company.<BR/><BR/>Back to Malaysia......anybody can identify the company worth for long term investment?Datukhttps://www.blogger.com/profile/07354574631891772131noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-46956244119042205682008-09-10T13:45:00.000+08:002008-09-10T13:45:00.000+08:00Interestingly, I am reading some of my favourite s...Interestingly, I am reading some of my favourite subject "History" on the Pan Electric in 1980s yesterday. Some of the similarities between this case and subprime could looked the same ie "packaging a good promise, sell and turn to be rotten". <BR/><BR/>Approx 25 years apart, one happened in this region and now the other one happened in US.<BR/><BR/>My recent observations tell me that the demand and supply (be it oil or currencies) are are having trouble to reach their nearest equilibrium. With this, I am foreseeing:<BR/><BR/>1) the juggling act of growth and inflation will be tougher. At a stage, interest rate mechanism will not be as effective as before. <BR/><BR/>2) the USD dollar is going to be weaker over times. With this, the consumption pattern will change, shifting from USA to Europe/Asia.<BR/><BR/>3) prolonged recession is going to happen. On the hindsight,this will be make the economy more resilient if structural issues are addressed wisely.<BR/><BR/>To Mr Buffet, our children or grandchilren may be better. Let not hope our moral value decayed, but to preserve our "Kampungku" value. The whole episode begins with greeds and crippling in whizkids in Wall Streets and the other financial centres. Are all these educated and well earned fellows lost their meaningful morale?solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.com