Hello buddies, here's my ad.
I'm a part time investor. Investing is for $ and fun.
Companies that interest me:
1. Potential high growth (> 10%), eg. Bank of China, Genting
2. Dumped due to one-off incidents (price drop > 50%), eg. Tepco
However, this type of company is not easy to find locally.
If you share a passion for hunting down these stocks. Please PM me.
Hope to find buddies who share similar interest.
From my limited life experience from schools to work to forums, one of the biggest disadvantage of a small group (more so if from non-diverse background and experience) is that of Group-Think. All members see highly optimistic impacts on even a tiny positive news / info and conversely, negative aspects are easily brushed aside (will of course find justifications). Further, any 'outsider' with different veiw-points are unwelcomed and in the most extreme case, gets 'chased' away. I imagine I can see this effect in at least a couple of threads in this forum even...
So, ya, be careful and good luck!
(13-07-2012, 10:02 AM)KopiKat Wrote: [ -> ]From my limited life experience from schools to work to forums, one of the biggest disadvantage of a small group (more so if from non-diverse background and experience) is that of Group-Think. All members see highly optimistic impacts on even a tiny positive news / info and conversely, negative aspects are easily brushed aside (will of course find justifications). Further, any 'outsider' with different veiw-points are unwelcomed and in the most extreme case, gets 'chased' away. I imagine I can see this effect in at least a couple of threads in this forum even...
So, ya, be careful and good luck!
Yes, it remind me a similar behavior as "the institutional imperative" that i read some time ago.
"Rationality frequently wilts when institutional imperative come into play"
The same for "rationality frequently wilts when Group-Think come into play"
Thanks guys for highlighting the Group think issue!
For crisis hit companies, its usually quite hard to get forumers to feedback, as it requires quite a lot of research to be done.