Stocks/Business/Economy/Value Investing Community (with Chris Susanto, Founder of Re-ThinkWealth & VIM Club)
925 members
18 photos
4 videos
2 files
104 links
What you can expect:

Mon - My favorite quotes on investment
Tues - Past stock successes
Wed - Stocks/Value investing article
Thu - Business/Economy article
Fri - Five market news of the week
Sat - Powers of investing
Sun - Invitation to VIM

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I have always said that we do not need to be a business or stock expert to start learning to invest well. We just need to learn how to simplify complex ideas. 😊

Here is a list of quotes that I compiled that show the thinking of these value investors. You will not see a lot of complicated words to it.

If these quotes resonate with you, you might be suited to learn more about investing.

Quotes by Benjamin Graham

“The investor’s chief problem—and his worst enemy—is likely to be himself. In the end, how your investments behave is much less important than how you behave.”

“Those who do not remember the past are condemned to repeat it.”

“The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.”

See the full list in my blog at https://www.re-thinkwealth.com/value-investing-quotes/.
Eastman Kodak Company (NYSE: KODK) opened at $2.15 (Monday) on July 27, 2020, and closed at $33.20 (Wednesday) by 29 July 2020. That is a 1,444.19% increase over a two day period.

In this article, I am going to give you some background on the Kodak company, the reason for the rally as well as my thoughts on whether it made sense or not. I will conclude with some lessons that I think we can apply to this kind of situation.

Read the article here: https://www.re-thinkwealth.com/kodak-stock-is-up-over-1400-in-two-days-does-it-make-sense/.

#VIMentorship
"WASHINGTON: Google and Facebook took the sharpest jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday (Jul 29), in a much-anticipated congressional hearing with four of America's most prominent tech CEOs in the hot seat.

Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Google's Sundar Pichai and Apple's Tim Cook – whose companies have a combined market value of about US$5 trillion – parried a range of accusations from lawmakers that they crippled smaller rivals in the quest for market share, via a video conference hearing."

Fun fact: This is Bezos's first congressional testimony. And based on CNA, he appeared the lease fazed.

What's your thoughts on the future of these 4 Tech Giants? :) Let's do a quick polling!

Disclosure: I am Long on FB.

https://www.channelnewsasia.com/news/business/big-tech-ceos-us-congress-hearing-facebook-amazon-apple-google-12973520
Which of the Big Tech you like the most?

Disclaimer: The information is for educational purposes only and is not intended to be personalized investment or financial advice. We make no promises as to the accuracy and usefulness of the information.
Anonymous Poll
28%
Amazon
33%
Alphabet (Google holding company)
22%
Apple
17%
Facebook
Morning everyone!

Here are the Five Market News I am reading this week

1. Apple beats on earnings and announces stock split, sending shares toward record high - https://www.marketwatch.com/story/apple-beats-on-earnings-and-announces-stock-split-sending-shares-toward-record-high-2020-07-30 (Marketwatch)

2. Coronavirus: MAS urges banks to cap dividends in face of economic uncertainty - https://www.straitstimes.com/business/banking/mas-urges-banks-to-cap-dividends-in-face-of-economic-uncertainty (ST)

3. Keppel posts $698 million net loss for Q2; fails to meet pre-condition for Temasek takeover bid - https://www.straitstimes.com/business/companies-markets/keppel-posts-698-million-net-loss-for-q2-fails-to-meet-pre-condition-for (ST)

4. Kodak Pivots to Drugs After Abandoning Photography, Crypto - https://www.bloomberg.com/news/articles/2020-07-30/kodak-pivots-to-drugs-after-failing-at-photography-and-crypto (Bloomberg)

5. Wingstop Unfazed by Competitors or Global Crisis - https://www.qsrmagazine.com/finance/wingstop-unfazed-competitors-or-global-crisis (QSR Magazine)

P.S: If you are interested in VIM, sign up by TODAY to receive an exclusive 25% off in your first month! Put the code "25OFF" upon checkout at bit.ly/VIM-Telegram 😉
Taken today to think about whether I should start selling off one of my investments that consist of the largest part of my portfolio (about 30%) -- which is already up about 60% in the two month period that I held it.

Just wanted to share that NOT selling our investments is a significant decision that should not be undertaken without thought.

Many angles to that decision, but primarily, I think about the various metrics, angles, qualitative, and quantitative -- to come to the decision.

It's not just about being patient in what you buy, at what price you buy it. But also being patient and being right in holding it.

Just sharing an update from my facebook: https://www.facebook.com/christopher.l.susanto.

Feel free to add me as a friend there. 😊
Start investing at 25 vs. 35 - Powers of Investing

Based on the chart above, it is proven that given a constant annual rate of return, someone who started earlier at 25, will get almost two times more money by age 65 than someone who started later at 35.

That is the power of compounding in which Albert Einstein said is the 8th wonder of the world.

What is the age that you started your investment? :)
For those who have not yet started investing, do look out for a message I am going to send out at 9 pm tonight 👍
Open Invitation to Mentorship with Me

[For Recent University Graduate/Biz Professionals/Biz Owners/Anyone who want to see Real Results Through Real Personalized Human Mentorship]

I am Inviting YOU to VIM Mentorship - where I will Mentor You Personally on How to Invest in Stocks by Identifying Great Businesses at A Reasonable Price 😊📈

Hi guys, I am inviting YOU to learn more about our VIM Mentorship at 👉 www.VIMClub.sg where I will personally Mentor You on how to invest in stocks in a Businesslike Way.

In VIM Mentorship, I will ensure your full understanding of our 4M1S Growth Framework. You are guaranteed to be able to apply the knowledge with real money after the Mentorship.

The knowledge transfer will be done through our signature twelve One-on-One sessions (45-60 minutes each) with assignments to do after each session. You will also be able to download the video and sound recording of every session for future reference.

As you know, starting investing as early as possible is Very Important. Because Cost of Living in Singapore is Not Low. We need to Learn to Invest Properly so we can have Multiple Source of Income on Top of Our Active Income.

The most important thing NOW is to START Learning how to invest in a businesslike and proper way.

Please do not gamble your money in the stock market and lose it all with the wrong mindset and stock tips.

See The Signature Twelve One-on-One Sessions Lesson Plan and The Monthly Benefits NOW at www.VIMClub.sg, and I will talk to you soon at @chris_susanto when you are ready to learn! :)

Here's what some of our students and members are saying about the program:

"Chris 1:1 mentorship has changed my life financially for the better. So far I have made over 20% in just 1 stock that I invested in. The profit that I got easily covered multiple times the fees I invested in the club. He is a passionate value investor and it is evident in the work that he put in for his members."

Jess Liu, Executive Director, DBS Treasury & Markets

"Chris has been very generous and sincere in imparting his well-versed knowledge in stock investing! Can definitely learn a lot from him and count on him to guide you on your baby steps into investing!"

Darren, Doctor

"Chris has been an invaluable value investing mentor for me personally. His rigorous methodology of analyzing stocks along with his weekly and monthly newsletters have already helped me generate a tidy profit since I bought my first stock!"

Pang Sheng Wei, NTU Scholar & Data Scientist Intern

#VIMentorship
Similarity Between Poker & Investing - My favorite quotes on investment

“Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.” - David Einhorn

Investing is not complicated. Great investors simplify things.

Read more of my favorite investment quotes at https://www.re-thinkwealth.com/value-investing-quotes/.
Stocks/Business/Economy/Value Investing Community (with Chris Susanto, Founder of Re-ThinkWealth & VIM Club)
Eastman Kodak Company (NYSE: KODK) opened at $2.15 (Monday) on July 27, 2020, and closed at $33.20 (Wednesday) by 29 July 2020. That is a 1,444.19% increase over a two day period. In this article, I am going to give you some background on the Kodak company…
Kodak has fallen over 50% from the date that I wrote this article.

In the article, I outlined why it's 1,400% rise is NOT sustainable.

That's why investing blindly is dangerous and our hard-earned money can be easily lost if we are chasing hype.

As I shared before in my blog, fundamentals, proper valuation work, is the logic behind the irrational world we live in.

Don't listen to stock tips. Always understand what you are investing in. 📈
Power of Investing Early - Past Stock Successes

Why invest early? Because great businesses take time to grow.

Microsoft has historically been a great business; those that started as early as five years ago reaps the benefit. As you can see, a $10,000 investment in Microsoft Just Five Years Ago is worth $46,470 as of today.

But what about the future of Microsoft?

That is where your skills as an investor come in.

You have to understand Microsoft enough to make your own decision.

Why? Because relying on stock tips is dangerous and unsustainable.

Start early and learn how to pick great companies on your own instead of relying on stock tips.