SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (138054)1/12/2018 9:56:17 PM
From: TobagoJack  Read Replies (1) | Respond to of 217699
 
in-laws were essentially all-in (~30% of their then nav) at hkd 12/shr back in 2000, and remained true except for gift of ~10% (of specific shr count holding) gifts to the three kids, and sale of some shares at near the earlier 290+ needling peak to fund an investment. now, with automatic dividend reinvestment, is only 7.7% away from his peak share count holdings

in-laws now have a very lob-sided balance sheet. some decisions by others demand attention, acknowledgement, and a tip of the hat. i had always earlier thought of self as being okay at speculation. i now know i am not worthy of even a footnote mention.

why did i not pay heed at 12/shr?
because i thought it was a better buy at much more recent pricing of 237 - 268

luckily i did not convince my wife to sell all of her gifted shares - close call - whew!

the china bank buy-in idea is not an original of mine. i merely, as elmat would doubtlessly accuse me of, copied. i guess w/ the recent in/out trades of the china banks i had committed a double sin, that of copying-groupthing, or put another way, copying non-sense :0)

come to think of it, in truth, the outrageously lucious "hk industrial real estate in the path of subway development" idea also is not an original of mine. i merely got the project implemented by gathering friends and family, and pulled the trigger.
again, now that i am pondering, investing in the little building in upper central biz district of hong kong way back in 2007 is the original idea of my 'mere' violin-teacher sister-in-law, when she noted that we the group ought to gather the wherewithal and buy the 'nail in the block near gold & silver exchange building project' as the entire area (she was living there at the time) was gentrifying, taking in French economic refugees, and the gay crowd was moving in, all giving the area an interesting, artistic, bohemian, and french bistro meme / twist

unclear why copying ideas should be denigrated when the ideas are good

am happy to say that i do not often have original ideas, and, but, been around some good ideas.

let us always remember to toast good ideas put in our path, and may we get wise to some earlier rather than later

it always puzzled and continues to puzzle me why some posters choose to denigrate, poopoo, and otherwise belittle others, to seemingly extract joy from such, when they instead can mine data and improve lot by mining.

watch & brief.



To: carranza2 who wrote (138054)1/15/2018 10:41:41 PM
From: TobagoJack  Read Replies (2) | Respond to of 217699
 
am pretty sure we are in the midst of a global melt-up of private USD-denominated assets per martin armstrong, that which would end up in much tears, but no telling when and from what level

as some banker once noted, as long as the music is playing, must dance

the good thing is that we personally do not have to keep dancing, and are free to skip out

very interesting game

getting limbered up, like the good old days

like it