Secrets of successful investing by former king of remisiers
Peter Lim, also know as former King of Remisier.
His secrets are...... Prospect, Patience and Invest for Long-Term.
He looks at sectors.
If palm oil is good, then invest in palm oil sector.
Another key reason for his success, according to him, is Patience.
He does not subscribe to buying one day and selling the next to cash in.
His advice is to invest with a longer-term mindset. Buy a good stock and leave it for 10 years, the return can be many times.
His minimum length of investments are five to six years, or even 10 to 12 years.
Palm oil giant Wilmar International,, which he invested with US$10 millions in the early '90s. It is worth some US$700m now.
He is a Singaporean, and popularly known as the former king of remisiers, made his fortune as a successful stockbroker in Singapore in the 1980s..
Recently he made headline in UK football arena by offering to buy Liverpool football club which he failed. Subsequently the club was bought by American.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Subscribe to:
Post Comments (Atom)
2 comments:
Dali called to buy jcy @1.60, jcy is now 0.76, proof here >
http://malaysiafinance.blogspot.com/2010/02/jcys-new-pricing.html
Darlie singh call buy on JCY @ 1.60 :-
Thursday, February 11, 2010
JCY's New Pricing
JCY looks likely to slash its IPO price to RM1.60 from an earlier indicative RM2.00. At RM1.60, its a good price level to get in. I still think its fair value is at RM1.80. Enough said.
Posted by Salvatore_Dali at 1:41 PM
Labels: JCY, Rannes Man
neno
This article provides some insight into this issue.
http://myinvestingnotes.blogspot.com/2010/12/5-most-dangerous-places-to-get.html
Post a Comment