Short comment on security analysis and stock investment management -case and practice. An evolving and always changing and so need for pro-active endeavor along with prudence and patience.
Institutionalization of investments and the spread and speed in globalization have inflated and synchronized bubbles. Its become a huge industry feeding on its own tune. I add a new stock to the model.
There is an extraordinary high amount of stock trading which can never be justified, except for the billions of dollars (and Baht) it generates in broker commissions. Traders are also susceptible to behavioral biases such as overconfidence and self-attribution.
Despite the many ups and downs and dire moments in April/May, year 2010 was another superior investor performance year for us. All said and done, the objective tabulation will likley show a near or above 50% total return. Do you members agree?
From what I can find, there are still few SET Smaller cap indexes, showing relative performance over time -and as compared to the big cap's. Why is nobody talking about this?
Beta rankings show the historical volatility of a stock vs. the broader market. This in Finance is its measure of risk. The SET index average beta is by definition set at 1. DEMCO's is among the very lowest.
With the 3rd Quarter earnings out we see the Thai retail crowd is spending money. Here are some investor notes -and my own aspirations going forward. We are a great group of members, lets grow together!
