British people always have the saying "Bird of same feather flock together" or in other words, we "build up our character on the company we keep."
So, I want to discuss three little Gurus investing because our "Gurus" are what that builds us up - "First build a habit and soon the habits will build our Character - whether for the Good or for the Bad. (excerpts from Steven R. Covey's book - Seven Habits of Highly Effective People)
Say, we have 3 Gurus.
First Guru, Mr. Crook.
Second Guru, Mr. Average.
Third Guru, Mr. Security.
Their name, would have given them out right?
Let me elaborate further:
The first is a crook. The second gives u a mediocre return and the third gives u a secure return.
Let's do a "situational analysis" based on "risk asset management"
The following are 4 hypothetical scenarios of investing that might happen over our lifetime:
1) Say, I want a very high return. Which Guru should I go to? Definitely, not Mr. Average or Mr. Security. Right? I will be mad if I go to them and I expecting to get a high return. That will be akin to low risk but high return.
2) Say, if I want a very secure return, which Guru should I go to? Definitely Mr. Security. Right? This is because the lower the return, come with a margin of safety of lower risk too
3) Say, if I want a more than average return but an acceptable risk? I will go to Mr. Average then, Right?. This is because of risk commensurate with the return.
4) Say, if I want a high return, with low risk....where do I go?..... None of them. I think I need to see Mr. Lottery or Mr. Da Ma Cai...Ha Ha Ha.
See, none of us will go to Mr. Crook.
Why?
Trust and Reliability is an essential element for a person to handle our hard-earned money.
"Fate favored those who are prepared"
Good Luck! Amigo!
"In God We Trust."
Serving God,
Dr. Lion.
So, I want to discuss three little Gurus investing because our "Gurus" are what that builds us up - "First build a habit and soon the habits will build our Character - whether for the Good or for the Bad. (excerpts from Steven R. Covey's book - Seven Habits of Highly Effective People)
Say, we have 3 Gurus.
First Guru, Mr. Crook.
Second Guru, Mr. Average.
Third Guru, Mr. Security.
Their name, would have given them out right?
Let me elaborate further:
The first is a crook. The second gives u a mediocre return and the third gives u a secure return.
Let's do a "situational analysis" based on "risk asset management"
The following are 4 hypothetical scenarios of investing that might happen over our lifetime:
1) Say, I want a very high return. Which Guru should I go to? Definitely, not Mr. Average or Mr. Security. Right? I will be mad if I go to them and I expecting to get a high return. That will be akin to low risk but high return.
2) Say, if I want a very secure return, which Guru should I go to? Definitely Mr. Security. Right? This is because the lower the return, come with a margin of safety of lower risk too
3) Say, if I want a more than average return but an acceptable risk? I will go to Mr. Average then, Right?. This is because of risk commensurate with the return.
4) Say, if I want a high return, with low risk....where do I go?..... None of them. I think I need to see Mr. Lottery or Mr. Da Ma Cai...Ha Ha Ha.
See, none of us will go to Mr. Crook.
Why?
Trust and Reliability is an essential element for a person to handle our hard-earned money.
"Fate favored those who are prepared"
Good Luck! Amigo!
"In God We Trust."
Serving God,
Dr. Lion.
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