21-04-2012, 11:15 AM
(20-04-2012, 12:25 PM)KopiKat Wrote: [ -> ](20-04-2012, 10:32 AM)yeokiwi Wrote: [ -> ]But hor, if everyone do that, then what happen?
Although realistically speaking, only a small group of astute investors can do that.
Since the time of Benjamin Graham who conceptualised and put in into writing (got a GuideBook even) and even after many good role models (most famous is Warren Buffett) had successfully put in into practice, we'd not seen any explosive or exponential growth in successful practioners.
So, I don't think we'll live to see a day when 'everyone do that' kind of situation.
This is a job with no Physical Barrier to Entry (or no Physical Moat) but a Huge Mental Barrier to Entry (the mind keeps telling you it's impossible so many don't even start trying... ).
Well said. It is in my plan to practice that as a full time job, when necessary skill and experience been acquired, and sufficient start-up fund accumulated.
In the mean time, it is a "part-time" job, with a decent 5-digits yearly remuneration package.
