> He expect his portfolio to grow compound 45% for the next 30 years? Absolute rubbish!
Yes, it is a tough standard to set. Must see his style is trader, and type of stocks...
For a solid listed company more than $1bn, 1 year 20% return over 5 years is already very tough. The companies he bet, must double in less than 2 years... let's see his performance next year...
(07-01-2013, 11:30 AM)Ben Wrote: [ -> ]I don't understand why a young man like him, with only one year of reasonable return to boast, will even agree to such an interview.
Actually I am not surprised at all. If you want to attract potential new clients (because you are a remisier), what better way than to let them know that you are an investing genius who can pick all the right stocks?
Maybe many will rush to open account with him .
finance sector is really like a vacuum cleaner - sucking talents from all other sectors (in this case he was lured by the $ and resigned from his mindef regular job). isn't this sad?
(07-01-2013, 01:06 PM)pianist Wrote: [ -> ]finance sector is really like a vacuum cleaner - sucking talents from all other sectors (in this case he was lured by the $ and resigned from his mindef regular job). isn't this sad?
During periods of rising valuations and optimistic market sentiment, more and more will join the industry to become remisiers/brokers.
Just as more and more people will jump on the bandwagon to become real estate agents when the property market heats up.
This Money & Me series is going from bad to worse. Some of the interviewees in the past were dubious enough but to potray a youngster who has made some money in a 1 year bull market as an example whom investors should learn from is pushing the limits.
> This Money & Me series is going from bad to worse. Some of the interviewees in the past were
> dubious enough but to potray a youngster who has made some money in a 1 year bull market as an
> example whom investors should learn from is pushing the limits.
They need 52 super interviewees a year. How many wants to go on screen?
The good ones... mostly stay behind the screen...
I bet most people here asked will not agree to be interviewed too... hence the quality... haha
[quote='Contrarian' pid='39447' dateline='1357529861']
> He expect his portfolio to grow compound 45% for the next 30 years? Absolute rubbish!
Ha! Ha!
Absolutely! Absolutely RUBBISH! Even WB so far only manage ? % of Annualised Returns , UTD?
BY 30 years he is a tycoon then. What Rubbish.
ya lor confirm rubbish if can compound at 15-20% considered very very good liao
9% to 10% per annum over the long-term is a more realistic target.
A lot of the interviewees are overly bullish and optimistic.