Newbie needs help to learn about value investing

[Temperament]

Agree. but value investing is not for everyone. some people would go for bricks and mortar. in value investing, sometimes after making some errors and losing some money, then will refine own selection criteria.

one persons selection criteria may not suit anothers.

each and everyone circumstance and financial situation and financial psychology different.

PL

As far as i understand, value investing is a concept, not a selection criteria.

>>agree that its a concept. but how much value one sees it is subjective. for instance, a stock at half NAV is more attractive to some than to others.

The concept of the value investing may not only applicable for equity investing, but to other investment as well. It may even applicable on our daily life

>>true, but each and everyone circumstance (financial+psy+other) is different so much take that into consideration before jumping into any buys.



You may surprise to see the inefficiency of value vs price in our daily purchases of services and products. How often do we purchase over-priced products and services in life?

>> as an example, at this current sky high coe, some would still take 100% loan for their cars, while some buy old cars and pay full cash. so true that u would be surprised that what people do.

<Just my opinion. No need to agree or disagree or get happy or get angry>

PL

Exactly! 100% loan to buy a Ferrari is O. K. for PAPYS but not for a solid BRICKS & MOTAR. Just wondering where is the logic? Of course high "SEE HOH E" you know benefit who. Yet there are more and more FERRARIs and other sport cars on the road. I did not see such phenomenon in the past when 'SEE HOH E" was almost 100K-Higher than the present high. Just wondering how many are PRs or non-citizens behind the sport car's steering wheels? Or Sinkaporeans have changed their outlook in life? So what is your value in life?