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TKL Active portfolio as at 11 Oct 2020
11 Oct 2020 (119 views)

I show my active portfolio below. 

My holdings show a unrealized loss of $177,000 as at 11 Oct 2020. 75% of the loss comes from my Singapore shares. It is terrible, isn't it? Singapore shares are quite bad, reflecting the poor business outlook!

The remaining 25% are from China shares traded in Hong Kong.

In case some idiots want to pass the judgment that I have a poor trading record and should not be sharing my experience in selecting shares - I ask them not to pass any judgment out of ignorance or arrogance. They should learn more about the actual facts before passing any judgment or comment. They should learn to be humble!

The second chart shows the total value of my portfolio to be $1,392,000. The total amount that I have invested in this portfolio was $1,160,000. This meant that I have a profit of $232,000. This is not bad, isn't it?

I had realized a gain of $409,000 from my trading over the past two years in my active portfolio. A large part of it came from my trading in Tesla shares. But some part of the total came from my trading in other shares as well. 

I should not use the word "trading" as I had bought the shares based on long term value. I sold the shares when the price went above my concept of value and became "over valued". 

Although I am keeping the shares that show large losses, especially the Singapore shares, I am happy to keep them for the long term because most of these shares are now trading at a discount of 50% to 75% of their asset values. Although the asset values may drop due to the poor business climate, I expect that the adjusted value will still be significantly higher than the current share prices.

I expect that when the pandemic is over, these shares will move up considerably and will wipe out the current losses and quite likely show a good gain. This is my approach towards "investing for the long term".

Some of the top hedge fund managers give this advice - look for shares that people do not want and are now trading at prices below their actual value. Wait for a "positive change" to happen, and you will see the prices correct to their actual value. This is how you can make a big gain. However, you have to pick shares with good fundamentals - but are now out of favor.

Okay, I agree. It also adopt this approach of "investing for long term value".

I took the screen shot from my POEMS portfolio using the mobile app. I find this app to be quite useful - and is better than the desktop browser app.

Tan Kin Lian


 


TKL Active portfolio as at 11 Oct 2020
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I show my active portfolio below. 

My holdings show a unrealized loss of $177,000 as at 11 Oct 2020. 75% of the loss comes from my Singapore shares. It is terrible, isn't it? Singapore shares are quite bad, reflecting the poor business outlook!

The remaining 25% are from China shares traded in Hong Kong.

In case some idiots want to pass the judgment that I have a poor trading record and should not be sharing my experience in selecting shares - I ask them not to pass any judgment out of ignorance or arrogance. They should learn more about the actual facts before passing any judgment or comment. They should learn to be humble!

The second chart shows the total value of my portfolio to be $1,392,000. The total amount that I have invested in this portfolio was $1,160,000. This meant that I have a profit of $232,000. This is not bad, isn't it?

I had realized a gain of $409,000 from my trading over the past two years in my active portfolio. A large part of it came from my trading in Tesla shares. But some part of the total came from my trading in other shares as well. 

I should not use the word "trading" as I had bought the shares based on long term value. I sold the shares when the price went above my concept of value and became "over valued". 

Although I am keeping the shares that show large losses, especially the Singapore shares, I am happy to keep them for the long term because most of these shares are now trading at a discount of 50% to 75% of their asset values. Although the asset values may drop due to the poor business climate, I expect that the adjusted value will still be significantly higher than the current share prices.

I expect that when the pandemic is over, these shares will move up considerably and will wipe out the current losses and quite likely show a good gain. This is my approach towards "investing for the long term".

Some of the top hedge fund managers give this advice - look for shares that people do not want and are now trading at prices below their actual value. Wait for a "positive change" to happen, and you will see the prices correct to their actual value. This is how you can make a big gain. However, you have to pick shares with good fundamentals - but are now out of favor.

Okay, I agree. It also adopt this approach of "investing for long term value".

I took the screen shot from my POEMS portfolio using the mobile app. I find this app to be quite useful - and is better than the desktop browser app.

Tan Kin Lian