Comments on: Applying value investing in the Philippine stock market http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/ Raves, rants and the miscellaneous ramblings of a guerilla blogger Wed, 27 Feb 2013 14:35:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: john http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-17859 john Thu, 12 May 2011 23:37:21 +0000 http://www.zdiaz.com/?p=1346#comment-17859 pse also has a stock trading game, which i suggest to try out first before putting your hard-earned money on the line. test your system for at least 3 years (by which you have encountered a bear market)... if your system works, then you're ready to start with real money and learn how to pull the trigger (easier said than done) :) pse also has a stock trading game, which i suggest to try out first before putting your hard-earned money on the line. test your system for at least 3 years (by which you have encountered a bear market)…

if your system works, then you’re ready to start with real money and learn how to pull the trigger (easier said than done) :)

]]> By: john http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-17858 john Thu, 12 May 2011 23:32:26 +0000 http://www.zdiaz.com/?p=1346#comment-17858 for all those curious in learning, there are a LOT of value investing educational websites to choose from: start with fwallstreet.com investopedia value-quest.blogspot.com/ gurufocus.com tracks the top value investors internationally. you can learn A LOT from their interviews. some of the legends are: walter schloss marty whitman jean marie eveillard mario gabelli john bogle peter lynch christopher browne and the current superstars: mason hawkins bill miller prem watsa whitney tilson bill ackman david einhorn addie lampert bruce berkowitz chick royce david winters donald yatchman and sons rakesh jhunjhunwala devour books too! ben graham robert hagstrom books on WB mary buffett books charlie munger seth klarman monhish pabrai joel greenblatt john neff you can check out their interviews too (morningstar, bloomberg, youtube, or google videos) it takes a great deal of learning, tons of reading and analysis to make a good value investor... ive discovered this passion 5 years ago and have witnessed remarkable results (in both wisdom and money :P) read annual reports too! with only 250+ companies in the pse, that wont be too much. for all those curious in learning, there are a LOT of value investing educational websites to choose from:

start with fwallstreet.com
investopedia
value-quest.blogspot.com/
gurufocus.com tracks the top value investors internationally.
you can learn A LOT from their interviews.
some of the legends are:
walter schloss
marty whitman
jean marie eveillard
mario gabelli
john bogle
peter lynch
christopher browne

and the current superstars:
mason hawkins
bill miller
prem watsa
whitney tilson
bill ackman
david einhorn
addie lampert
bruce berkowitz
chick royce
david winters
donald yatchman and sons
rakesh jhunjhunwala

devour books too!
ben graham
robert hagstrom books on WB
mary buffett books
charlie munger
seth klarman
monhish pabrai
joel greenblatt
john neff

you can check out their interviews too (morningstar, bloomberg, youtube, or google videos)

it takes a great deal of learning, tons of reading and analysis to make a good value investor… ive discovered this
passion 5 years ago and have witnessed remarkable results (in both wisdom and money :P )

read annual reports too!
with only 250+ companies in the pse, that wont be too much.

]]> By: rennie http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-5576 rennie Wed, 11 Nov 2009 05:33:28 +0000 http://www.zdiaz.com/?p=1346#comment-5576 how much capital do i need to start in investing stock?, saan po ba ako pwedeng mag apply? how much capital do i need to start in investing stock?, saan po ba ako pwedeng mag apply?

]]> By: rennie http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-5575 rennie Wed, 11 Nov 2009 05:29:31 +0000 http://www.zdiaz.com/?p=1346#comment-5575 hello po I want to learn more about investing stock, can you help me for this hello po I want to learn more about investing stock, can you help me for this

]]> By: zigfred http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-5503 zigfred Fri, 30 Oct 2009 17:50:59 +0000 http://www.zdiaz.com/?p=1346#comment-5503 Chris: Yes I am very active in the market. I am more of a value investor. Visit my new blog on stock market investing at www.stockmarket-investing.com Chris: Yes I am very active in the market. I am more of a value investor. Visit my new blog on stock market investing at http://www.stockmarket-investing.com

]]> By: Chris http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-5489 Chris Thu, 29 Oct 2009 07:49:39 +0000 http://www.zdiaz.com/?p=1346#comment-5489 Are you still active in the market? What do you suggest is a good move to make at this time? I'm reacquainting myself with the market too these days. Are you still active in the market? What do you suggest is a good move to make at this time? I’m reacquainting myself with the market too these days.

]]> By: zigfred http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-4874 zigfred Fri, 14 Aug 2009 16:39:04 +0000 http://www.zdiaz.com/?p=1346#comment-4874 xuzhu: I definitely agree ! xuzhu: I definitely agree !

]]> By: xuzhu http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-4872 xuzhu Fri, 14 Aug 2009 10:05:06 +0000 http://www.zdiaz.com/?p=1346#comment-4872 In an ideal world, you don't sell your stock. If the first decision of buying is correct, then the sell decision is no longer needed. However, as a rule of thumb, you sell a stock if: 1) you find a better value, on a risk-adjusted rate of return 2) the investment thesis (the reason why you bought a company) is no longer there 3) prices have outpaced value and you think value can no longer catch up with prices. In an ideal world, you don’t sell your stock. If the first decision of buying is correct, then the sell decision is no longer needed.

However, as a rule of thumb, you sell a stock if:

1) you find a better value, on a risk-adjusted rate of return
2) the investment thesis (the reason why you bought a company) is no longer there
3) prices have outpaced value and you think value can no longer catch up with prices.

]]> By: zigfred http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-4263 zigfred Fri, 26 Jun 2009 13:15:46 +0000 http://www.zdiaz.com/?p=1346#comment-4263 indiebot: Hi ! Thanks for your questions. I always appreciate questions from readers as it forces me to write about certain topics. I will be doing a post on your questions soon ! (I still am still working on other posts, among those are two other posts from readers) I will let you know once my post on your specific question is up. :-) indiebot: Hi ! Thanks for your questions. I always appreciate questions from readers as it forces me to write about certain topics. I will be doing a post on your questions soon ! (I still am still working on other posts, among those are two other posts from readers) I will let you know once my post on your specific question is up. :-)

]]> By: indiebot http://www.zdiaz.com/2008/12/applying-value-investing-in-the-philippine-stock-market/comment-page-1/#comment-4260 indiebot Fri, 26 Jun 2009 05:19:49 +0000 http://www.zdiaz.com/?p=1346#comment-4260 Hi again! I have another question in relation to my first. How will you know when to sell stocks? I understand that it's very hard to predict (some say it's impossible) the movements of the market. But are there guidelines on how to protect yourself from incurring big losses in case a bear market strikes (aside from setting aside a part of your porfolio to cash and bonds)? Say for instance, you bought shares from a very good company during a bear market at a discounted price (e.g. P10). Since the market is cyclical, there is a big chance for that stock to go is up and this happens during a bullish market (for instance the initial bargain of P10 went up to P70 during this season). But how do you exactly prepare for the next bearish market? Should you sell it during a bull run when people are so to speak 'greedy' to buy those stocks? Then buy them again on the next bearish market? Or should investors still uphold the buy-and-hold strategy and ignore the rise and fall of the market and just wait it out for 20 years when the returns would be positive nonetheless? I know this is a very broad subject so I hope you could do a post about this in the future. Also could you recommend books that may help investors know not only when to buy but also when to sell. Thanks a lot! I'm glad I found this site. Hi again!

I have another question in relation to my first.

How will you know when to sell stocks? I understand that it’s very hard to predict (some say it’s impossible) the movements of the market. But are there guidelines on how to protect yourself from incurring big losses in case a bear market strikes (aside from setting aside a part of your porfolio to cash and bonds)?

Say for instance, you bought shares from a very good company during a bear market at a discounted price (e.g. P10). Since the market is cyclical, there is a big chance for that stock to go is up and this happens during a bullish market (for instance the initial bargain of P10 went up to P70 during this season). But how do you exactly prepare for the next bearish market?

Should you sell it during a bull run when people are so to speak ‘greedy’ to buy those stocks? Then buy them again on the next bearish market? Or should investors still uphold the buy-and-hold strategy and ignore the rise and fall of the market and just wait it out for 20 years when the returns would be positive nonetheless?

I know this is a very broad subject so I hope you could do a post about this in the future. Also could you recommend books that may help investors know not only when to buy but also when to sell.

Thanks a lot! I’m glad I found this site.

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