An Observation From Doing 48 YouTube Videos: FOMO, Bias, and Hidden Opportunities 👀👀👀
Having a YouTube channel with 48 videos covering different stocks, I begin to observe investing behaviours with a new lens.
People are generally more interested in stocks that they know and have. They are usually less interested in unfamiliar stocks especially from unfamiliar sources.
When will they take notice of the stock?
When it moves up and up quite noticeably
What is bad?
They did not do much due diligence, FOMO stepped in and they bought at a high price.
Usually, when an unfamiliar stock moves $0.01 or $0.005 every few days, it is even less noticeable. Slowly and sometimes consistently, the stock can be up 20% and still, few notice their uptrend and miss a good opportunity!
These stocks do not fit their criteria and they are not interested enough to take a look at these unfamiliar stocks. Perhaps these biases stem from the fact that such stocks are small-caps, have low trading volume, and are often deemed too risky.
Having a YouTube channel with 48 videos covering different stocks, I begin to observe investing behaviours with a new lens.
People are generally more interested in stocks that they know and have. They are usually less interested in unfamiliar stocks especially from unfamiliar sources.
When will they take notice of the stock?
When it moves up and up quite noticeably
What is bad?
They did not do much due diligence, FOMO stepped in and they bought at a high price.
Usually, when an unfamiliar stock moves $0.01 or $0.005 every few days, it is even less noticeable. Slowly and sometimes consistently, the stock can be up 20% and still, few notice their uptrend and miss a good opportunity!
These stocks do not fit their criteria and they are not interested enough to take a look at these unfamiliar stocks. Perhaps these biases stem from the fact that such stocks are small-caps, have low trading volume, and are often deemed too risky.
Possibilities Unbox
Reflection 1: The results surprise me in many ways. The results surprise me in many ways. One: It debunks the belief that we cannot make money with SG stocks. Thanks to that general belief that I go contrarian and find so many gems! There are more! I…
Reflection 2: Hard work + Curious + Open-minded matter more
The ability to keep learning about investing and companies is our greatest alpha.
Compound our learning, compound our alpha.
It takes time to study companies to find gems.
How did I find Dyna-Mac and know it was good?
When I saw and studied the company, I knew it was good.
When I study more oil and gas companies, I know this is a gem.
Note: I am not from oil and gas and had no idea what is a FPSO.
We have our investing criteria, how do we know what we pick is good.
.... when we study a lot of companies and compare and this requires lots of effort.
In 1993, Warren Buffett sat down for an interview with Supermoney author Adam Smith, and the conversation began like this:
Smith: “If a younger Warren Buffett were coming into the investment field today, what areas would you tell him to point himself in?”
Buffett: “Well, if he were coming in and working with small sums of capital I’d tell him to do exactly what I did 40-odd years ago, which is to learn about every company in the United States that has publicly traded securities and that bank of knowledge will do him or her terrific good over time.”
Smith: “But there’s 27,000 public companies.”
Buffett: “Well, start with the A’s.”
Curious and open-minded matter.
Here, I focus on numbers to be as objective as possible.
It helps to avoid any unnecessary biases I will have. Hence, I went into oil and gas stocks when people were still doubtful and sceptical about their turnaround.
The ability to keep learning about investing and companies is our greatest alpha.
Compound our learning, compound our alpha.
It takes time to study companies to find gems.
How did I find Dyna-Mac and know it was good?
When I saw and studied the company, I knew it was good.
When I study more oil and gas companies, I know this is a gem.
Note: I am not from oil and gas and had no idea what is a FPSO.
We have our investing criteria, how do we know what we pick is good.
.... when we study a lot of companies and compare and this requires lots of effort.
In 1993, Warren Buffett sat down for an interview with Supermoney author Adam Smith, and the conversation began like this:
Smith: “If a younger Warren Buffett were coming into the investment field today, what areas would you tell him to point himself in?”
Buffett: “Well, if he were coming in and working with small sums of capital I’d tell him to do exactly what I did 40-odd years ago, which is to learn about every company in the United States that has publicly traded securities and that bank of knowledge will do him or her terrific good over time.”
Smith: “But there’s 27,000 public companies.”
Buffett: “Well, start with the A’s.”
Curious and open-minded matter.
Here, I focus on numbers to be as objective as possible.
It helps to avoid any unnecessary biases I will have. Hence, I went into oil and gas stocks when people were still doubtful and sceptical about their turnaround.
Centurion: The controlling shareholder (David Loh) add 300,000 shares at $0.74; now 58.568% 💪
https://links.sgx.com/FileOpen/_eFORM1V2-David%20Loh-20240917.ashx?App=Announcement&FileID=819018
https://links.sgx.com/FileOpen/_eFORM1V2-David%20Loh-20240917.ashx?App=Announcement&FileID=819018
Oiltek International secures new contracts from Africa, Central America and Malaysia worth RM19.5 million 👍💪
It is expanding its services and growing in different regions. 👍
https://links.sgx.com/FileOpen/Oiltek%20MR%20-%20New%20Contract%20Win%20-%2019.09.2024.ashx?App=Announcement&FileID=819130
It is expanding its services and growing in different regions. 👍
https://links.sgx.com/FileOpen/Oiltek%20MR%20-%20New%20Contract%20Win%20-%2019.09.2024.ashx?App=Announcement&FileID=819130
Possibilities Unbox
An Observation From Doing 48 YouTube Videos: FOMO, Bias, and Hidden Opportunities 👀👀👀 Having a YouTube channel with 48 videos covering different stocks, I begin to observe investing behaviours with a new lens. People are generally more interested in stocks…
Centurion: Slowly and surely
People tend to focus on quick wins rather than slow ones. 😄
Only when we look back do we realise the return these stocks have delivered.
People tend to focus on quick wins rather than slow ones. 😄
Only when we look back do we realise the return these stocks have delivered.
China’s Bearish Sentiment: Why Some Companies Are Still Worth Watching? 🇨🇳👀
Imagine a situation where the stock price keeps going down and the company’s revenue and profits keep increasing.
The market keeps insisting the company will do badly but the company keeps proving the market wrong!
And this has been happening for a few years!
Isn't this a sign of great companies?
I have covered 2.
This is a preamble for more.
Stay tuned!
FYI, Meituan hits 52 week high today.
Yes, this is contrarian. DYODD
https://youtu.be/z_FvFWVO9tg
Imagine a situation where the stock price keeps going down and the company’s revenue and profits keep increasing.
The market keeps insisting the company will do badly but the company keeps proving the market wrong!
And this has been happening for a few years!
Isn't this a sign of great companies?
I have covered 2.
This is a preamble for more.
Stay tuned!
FYI, Meituan hits 52 week high today.
Yes, this is contrarian. DYODD
https://youtu.be/z_FvFWVO9tg
YouTube
China’s Bearish Sentiment: Why Some Companies Are Still Worth Watching?
Imagine a situation where the stock price keeps going down and the company’s revenue and profits keep increasing.
The market keeps insisting the company will do badly but the company keeps proving the market wrong!
And this is happening for a few years!…
The market keeps insisting the company will do badly but the company keeps proving the market wrong!
And this is happening for a few years!…
🤔 SGX stocks going for Bursa 🇸🇬🇲🇾
This should NOT be our main investing thesis; it is good to have.
Among the companies, Nam Cheong will benefit more.
It is a Malaysian company serving Petronas.
The owner has a KLSE-listed company, CCK Consolidated.
If they can list in KLSE and fetch a higher valuation, they can do placement and reduce their debts. They can pay their debts through their business, but it would be better to pay faster and have a stronger balance sheet. We don't know when and how the next crisis will be.
Another company will be Oiltek.
It is a business that Singapore investors don't understand well. The Malaysians can understand the business better and there are similar companies listed in KLSE.
Anyway, listing in KLSE is good to have. As they keep getting orders and revenue grows, SG investors will take notice of the company.... slowly and surely.
No, this is DIFFERENT from SGX companies (ISDN, LHN and Centurion) listing in HKEX —- these are Singapore companies listing in HK that the HK investors are not familiar with.
Hence, a good criterion is that the company is Malaysian and KLSE investors are familiar with the company and the business.
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15831-this-stock-is-heading-to-bursa-in-the-hope-of-higher-valuation-its-crazy-high-there
This should NOT be our main investing thesis; it is good to have.
Among the companies, Nam Cheong will benefit more.
It is a Malaysian company serving Petronas.
The owner has a KLSE-listed company, CCK Consolidated.
If they can list in KLSE and fetch a higher valuation, they can do placement and reduce their debts. They can pay their debts through their business, but it would be better to pay faster and have a stronger balance sheet. We don't know when and how the next crisis will be.
Another company will be Oiltek.
It is a business that Singapore investors don't understand well. The Malaysians can understand the business better and there are similar companies listed in KLSE.
Anyway, listing in KLSE is good to have. As they keep getting orders and revenue grows, SG investors will take notice of the company.... slowly and surely.
No, this is DIFFERENT from SGX companies (ISDN, LHN and Centurion) listing in HKEX —- these are Singapore companies listing in HK that the HK investors are not familiar with.
Hence, a good criterion is that the company is Malaysian and KLSE investors are familiar with the company and the business.
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15831-this-stock-is-heading-to-bursa-in-the-hope-of-higher-valuation-its-crazy-high-there
www.nextinsight.net
This stock is heading to Bursa in the hope of higher valuation. It's crazy high there
a hub for serious investors
Gold: Why does it keep going up? 🥇 1/2
Those following gold on the news will realise that many cite interest rates as a reason for it to go up.
Yes, it does but the correlation is not perfect. There are other variables.
https://www.fxstreet.com/news/gold-hits-new-highs-on-expectations-of-global-cuts-to-interest-rates-202409200836
Those following gold on the news will realise that many cite interest rates as a reason for it to go up.
Yes, it does but the correlation is not perfect. There are other variables.
https://www.fxstreet.com/news/gold-hits-new-highs-on-expectations-of-global-cuts-to-interest-rates-202409200836
Gold 🥇 (2/2)
I did a video months ago creating a portfolio to buy and hold (I added 2 stocks in another video).
The return is second to BTC.
I mentioned gold and Bitcoin as a hedge against chaos.
1. Many currencies have been weakening and people need something to preserve what they have.
2. While the USD has been holding its value, many are constantly worried about the debt issues of the US and the latter is not doing much about solving it. Countries are transacting and saving their reserves in USD.
Singapore CPF has an investment category we can use to buy gold. The returns have way surpassed the CPF rates.
Yes, why buy unproductive assets like gold and BTC?
DYODD than to keep asking the question. Stay curious.
DYODD.
https://youtu.be/u3i_d1tN7E8?si=SsPjl6kywMyCiT0W
I did a video months ago creating a portfolio to buy and hold (I added 2 stocks in another video).
The return is second to BTC.
I mentioned gold and Bitcoin as a hedge against chaos.
1. Many currencies have been weakening and people need something to preserve what they have.
2. While the USD has been holding its value, many are constantly worried about the debt issues of the US and the latter is not doing much about solving it. Countries are transacting and saving their reserves in USD.
Singapore CPF has an investment category we can use to buy gold. The returns have way surpassed the CPF rates.
Yes, why buy unproductive assets like gold and BTC?
DYODD than to keep asking the question. Stay curious.
DYODD.
https://youtu.be/u3i_d1tN7E8?si=SsPjl6kywMyCiT0W
Chinese stocks 🇨🇳
I had uploaded videos on Xiaomi and Meituan. My latest video was that some Chinese stocks (growing well and the share prices remain sluggish) are worth a look.
Hit with brickbats as many cite the Chinese gov interference that can cause the downfall of industry and companies, a sluggish economy, etc.
1. It is a risk but what if we invest in a few good companies to spread the risks?
2. Why not invest early and at a lower price to have a better margin of safety?
I am a stock picker (I look into the company in detail; not a macro guy), often early and contrarian. I had the same brickbats when I did videos of many companies. 😀
All I can say: Time will tell. DYODD.
Do not FOMO in when the share price is up (without DYODD).
DYODD
Looking at the spreadsheet, some stocks are slowing climbing —- Seatrium, Centurion, Nam Cheong, YZJ.
Again, DYODD.
Don't just FOMO.
I had uploaded videos on Xiaomi and Meituan. My latest video was that some Chinese stocks (growing well and the share prices remain sluggish) are worth a look.
Hit with brickbats as many cite the Chinese gov interference that can cause the downfall of industry and companies, a sluggish economy, etc.
1. It is a risk but what if we invest in a few good companies to spread the risks?
2. Why not invest early and at a lower price to have a better margin of safety?
I am a stock picker (I look into the company in detail; not a macro guy), often early and contrarian. I had the same brickbats when I did videos of many companies. 😀
All I can say: Time will tell. DYODD.
Do not FOMO in when the share price is up (without DYODD).
DYODD
Looking at the spreadsheet, some stocks are slowing climbing —- Seatrium, Centurion, Nam Cheong, YZJ.
Again, DYODD.
Don't just FOMO.
Finding my Bak Chor Mee 🍜🍜🍜
People like to talk macros --- interest rates, inflation, currencies, China.
They attract attention --- they are so smart to understand the complicated world and give a peak to the future.
Wow, they can explain how EVERY company will behave?
Interest rates --- all business will be good?
All Chinese companies are bad?
Are there people who can consistently know the future? No
Are there companies who consistently know the future and work towards it? No!
Can they make money?
Only they know.
---------------------------------------------------------------------
Interest rates up or down, inflation up or down, the popular food stalls have long queues. 🍜
Worse, they raise their prices and the queue still long. 🍜
And the queue starts early. The queue can start at 6+am all the way until 2pm when they are done for the day. 🍜
Business is so good that no matter what happens to the economy.
BUT, there is NOTHING EXCITING to talk about. It is the same Bak Chor Mee and the Chicken Rice. They just sweat it out and GRIND! 🍜
Aren't this is what the best companies are? Keep quiet and grind. They do press releases when needed. They are not "PR generators".
Aren't the best investors like that? They don't talk much about what is happening.
Their stock picks may not be the talk of the town.
To many, they are just ...... companies lor.
The best companies are not exciting to talk about. Show me the numbers! Show me the queue (order book)!
Find companies that are like the Bak Chor Mee with long queues —- not exciting business, few people talk about, strong demand and quietly delivering
I don't need excitements. I want returns.
Find inspiration in hawker centres. I am hungry writing this post. 🤤
https://lifenotes.space/the-great-investing-myth-3-know-the-future/
People like to talk macros --- interest rates, inflation, currencies, China.
They attract attention --- they are so smart to understand the complicated world and give a peak to the future.
Wow, they can explain how EVERY company will behave?
Interest rates --- all business will be good?
All Chinese companies are bad?
Are there people who can consistently know the future? No
Are there companies who consistently know the future and work towards it? No!
Can they make money?
Only they know.
---------------------------------------------------------------------
Interest rates up or down, inflation up or down, the popular food stalls have long queues. 🍜
Worse, they raise their prices and the queue still long. 🍜
And the queue starts early. The queue can start at 6+am all the way until 2pm when they are done for the day. 🍜
Business is so good that no matter what happens to the economy.
BUT, there is NOTHING EXCITING to talk about. It is the same Bak Chor Mee and the Chicken Rice. They just sweat it out and GRIND! 🍜
Aren't this is what the best companies are? Keep quiet and grind. They do press releases when needed. They are not "PR generators".
Aren't the best investors like that? They don't talk much about what is happening.
Their stock picks may not be the talk of the town.
To many, they are just ...... companies lor.
The best companies are not exciting to talk about. Show me the numbers! Show me the queue (order book)!
Find companies that are like the Bak Chor Mee with long queues —- not exciting business, few people talk about, strong demand and quietly delivering
I don't need excitements. I want returns.
Find inspiration in hawker centres. I am hungry writing this post. 🤤
https://lifenotes.space/the-great-investing-myth-3-know-the-future/
YTD
NVDA: 140%
Dyna-Mac: 117%
Beng Kuang: 400%
Oiltek: 110%
Union Steel: 96%
"Low tech" and SG stocks can also have their day! 🇸🇬
NVDA: 140%
Dyna-Mac: 117%
Beng Kuang: 400%
Oiltek: 110%
Union Steel: 96%
"Low tech" and SG stocks can also have their day! 🇸🇬
Add Reddit (RDDT) 💪
1/3
Just IPO this year but it has been around for almost 20 years!
It is growing like a young company!
2Q 2024:
Revenue +53%
DAUq: +50%
WAUq: 56%
FCF +ve; narrowing losses
ARPU grew 1.65% and low; very low compared to other social platforms.
1/3
Just IPO this year but it has been around for almost 20 years!
It is growing like a young company!
2Q 2024:
Revenue +53%
DAUq: +50%
WAUq: 56%
FCF +ve; narrowing losses
ARPU grew 1.65% and low; very low compared to other social platforms.
RDDT is quite different.
2/3
It is not about connecting friends but about communities.
I was previously just googling to anything useful about my daughter's university application and lots of info on Reddit.
There were specific information on different courses by universities and comparison; the job prospects.
What courses should be avoided?
There were threads on the applications updates, the testing and selection processes, interview questions and appeal processes.
Quite insightful and useful. The information was quite accurate and reliable and not available anywhere.
I also realise many do use Reddit and the entry point is through Google search as a causal information consumer.
So, will AI disrupt RDDT? Not so.
2/3
It is not about connecting friends but about communities.
I was previously just googling to anything useful about my daughter's university application and lots of info on Reddit.
There were specific information on different courses by universities and comparison; the job prospects.
What courses should be avoided?
There were threads on the applications updates, the testing and selection processes, interview questions and appeal processes.
Quite insightful and useful. The information was quite accurate and reliable and not available anywhere.
I also realise many do use Reddit and the entry point is through Google search as a causal information consumer.
So, will AI disrupt RDDT? Not so.