14-12-2024, 09:45 PM
Kudos to Master Leong for an honest review of his 2024 performance.
For me Master Leong did many things right buying Sea Ltd and Meta selling for 40-60% gains. Buying China banks for high dividends. Buying Ping An and Link REITs. Every purchase is profitable!..and solid long term picks
He has only one fault he likes to predict. Predictions such as Telsa is overvalued and will drop. Bitcoin about to collapse. Alibaba about to go up etc. Predictions are incompatible with "value investing" that he practices. Investors use value investing precisely because markets cannot be predicted in the short run - if you can predict you don't need value investing.
For me Master Leong did many things right buying Sea Ltd and Meta selling for 40-60% gains. Buying China banks for high dividends. Buying Ping An and Link REITs. Every purchase is profitable!..and solid long term picks
He has only one fault he likes to predict. Predictions such as Telsa is overvalued and will drop. Bitcoin about to collapse. Alibaba about to go up etc. Predictions are incompatible with "value investing" that he practices. Investors use value investing precisely because markets cannot be predicted in the short run - if you can predict you don't need value investing.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.