Today being a national holiday, I reflect on a few investor comments of the stock and retirement choice type. I took a portfolio choice nice profit of late -but remain bullish.
On March 21 & 22 2011, I attended this 2 day yearly event: The 5th Annual Euromoney Thailand Investment Forum "Continued Growth in Uncertain Times". Here today is my report for you.
We must all ask ourselves: what are the wise telling us in big books today, what will equally turn out to be dead wrong? An example from the late 1980's, when I was back then the most succesfull broker at Morgan Stanley's Chicago, USA office.
Many astute investors the world over keep telling us that precious metals remains the place to be in times of increasingly Central Bank's irresponsibility. But Thailand is a special case and their central bank is, well rather highly responsible.
Here I go again huffing and puffing at the Western "civil financial society" which dares to still acclaim -if not behave- as if they are the more developed culture as viewed from an financial markets investor point of view.
Revenge of the Individual Investor, part 2. A real case just witnessed.
Just look at IVL, a SET 50 big cap which rocketed from 25 last August, to 60 in early December, only to now be down 38% since then.. burrr.. Glad I stayed away from that roller...
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.