Showing posts with label Keep Investment Sinple and Stupid. Show all posts
Showing posts with label Keep Investment Sinple and Stupid. Show all posts

Tuesday, June 7, 2016

KISS

KISS ...

I am rereading this book again after reading the & book of wisdom
..and I am seeing things in  a different perspective now.

The KISS book is about getting rich via investment or via trading.
There is nothing wrong with that ... it is just i am viewing from a different perspective.

The 80/20 pareto optimality : 20% owns 80% o fthe wealth..
Well maybe the 80% are happy to just own 20% of the wealth?
The U curve in the book David and Goliath?

Now I understand more why people in Bhutan have the highest Happiness Index despite NOT HAVING material wealth.

There is nothing wrong of being rich AND being happy.
Just be aware by being too rich sometimes has its cost.

You can be SUFFICIENT and happy.
You can be poor and happy.
Just like , you can be rich and happy.

Just... be aware that no matter what material conditions you have, you can choose to be happy!

Just like how the Hong Kong people like to say, " chiu kan you hai you HOI SUM !

Monday, December 8, 2014

Keep Investment Simple and Stupid







 
The perennial divide between TA  ( Sorosists) and FA ( Buffetologists).

This book attempts to give the best of both world.

After a while ( of reading those trading books), you will find that all roads will lead to Damascus ( or Rome, or Hollande!!). It is the search for your own unique Damascus that will bring enlightenment!

Imagine  a high risk high return trader that uses continuous SAR, and is in the market 15-20 times a day for 8 hours? And he claims that that is the only way to El Dorado....

But staying glued to the computer 8 hours a day? Isn't that trading a desk job for another desk job ( but with no EPF, helath insurance)?

But I digress...

The first part is Textbook Fundamental Analysis ie Buffetology in  simpler language.
( investing in 1. funds  2. stocks  3. gold silver   4. oil )

And the second part is Textbook Technical Analysis ie an abridged version of John J Murphy's bible on technical Analysis.

Enough said.

The title said , simple. Simple is what you get.