wazua Sun, Jan 5, 2025
Welcome Guest Search | Active Topics | Log In | Register

3 Pages<123
Your Stocks Predictions for 2009
Options
Previous Topic · Next Topic
slykat
#41 Posted : Monday, January 11, 2010 11:43:03 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
@VVS

...Easier to buy an under-valued stock than pick a market bottom...

I rather prefer to think that there is no such thing as an undervalued or cheap counter; for there must be a very good reason - if one digs deeper - why those whose job it is to know these things better than I, and are in charge of huge funds, have not seen such cheapness or undervaluation. We all know, they r like sharks n a cheap counter would reek of blood.

Mpigs extinguished? I wudnt bet on a resultant boom. There are so many hyenas roaming the country waiting to replace them.... na wengine they see far n have lined up their offspring to outdo them, mtoto wa hyena, ni hyena.
Back to top
 Report Abusive | Report SPAM
sheep
#42 Posted : Tuesday, January 12, 2010 6:34:46 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
@slykat

Financial analysts are just as dumb as everyone else.Infact its their job to pick overvalued stocks and declare them to have an underlying value,they are just oxymoron.

There is this joke about an economist and his friend,as they are walking along the crowded streets the friend sees a 100 dollar bill on the sidewalk,as he bends over to pick it up the economist retorts "that cannot be a 100 dollars" the dude asks why the economist replies "if that were really a 100 dollars someone should have picked it up before us"
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Back to top
 Report Abusive | Report SPAM
akowally
#43 Posted : Tuesday, January 12, 2010 10:55:50 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
@ sheep

Laughing out loudly Laughing out loudly Laughing out loudly That's a funny one...but true...one can't only follow analysts blindly, you can also log on to a site like wazua, hear guys discussing objectively and make a decision...
JOIN MY FREE MINI-COURSE FOR WRITERS. CLICK HERE
Back to top
BLOG
 Report Abusive | Report SPAM
slykat
#44 Posted : Tuesday, January 12, 2010 1:14:07 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
@Sheep,

Hehehe! Umeniweza 10-0. U cracked me up Laughing out loudly...
Back to top
 Report Abusive | Report SPAM | Edit by moderator: Wednesday, January 13, 2010 4:46 PM | Reason: removed codes
VituVingiSana
#45 Posted : Wednesday, January 13, 2010 7:54:03 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@slykat - You have been brainwashed by something called 'Efficient Market Theory'.

Bw. Warren Buffett loves EMT coz it allows him to buy 'cheap' stocks...

You cannot rely on other Financial Analysts... do your own research as far as is practical...

There are 3 counters I am interested in... I think people have failed to see the value so... I am buying as many as I can with the cash I have...

I have skewed my portfolio over time... trying to 'over-weight' myself in these 3 counters...

I have done my research... and often go against the 'conventional wisdom' but... overall... it has paid off...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
kizee
#46 Posted : Wednesday, January 13, 2010 9:12:34 AM
Rank: Member


Joined: 1/9/2008
Posts: 537
buffet likes EMT? how did he get soo rich?
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#47 Posted : Wednesday, January 13, 2010 9:26:46 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@kizee - WB likes EMT coz OTHERS believe in it... LOL... So he benefits from the 'followers' of EMT... coz they think the market price reflects all available information but there is an asymmetry...

WB does not believe in EMT...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
kizee
#48 Posted : Wednesday, January 13, 2010 1:13:22 PM
Rank: Member


Joined: 1/9/2008
Posts: 537
yea EMT is pretty silly
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
3 Pages<123
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.