Quote:
Originally Posted by AHGONG
 hmm so u r sick huh? do take care of yrslf as u need yr health for the fun... i jus came bk from PRC n really tired....hope to cheong with u real soon agn....  cheers |
Yo my esteemed bro AHGONG,
I'm indisposed w/ mild flu. Should be OK in 2 days.
I may hv been too greedy, averaging 2-3 BAO-ees for the last 1 1/2 months. I feel completely drained...I'm going to hv one at a time.
Just back from PRC? Did u go to Mayflower in CP?
Look forward to seeing u soon.
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Yo bro fukbuddy,
Pls continue ur story.
Cheers!!
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Let me digress a bit n talk abt valuation of a stock or any other asset.
I hv mentioned that quantification of the intrinsic value of a stock is a vital first step. How would this help? In general we should buy a stock when the price is less than 50% of its intrinsic value. When to sell is more tricky. We would consider selling, at least a small portion of the holdings, if the price is more than 2X its intrinsic value.
How abt valuation of a gal for ST or BY? It's pure art...
Although there r generally accepted rates, valuation is very subjective n depends on numerous factors including individual preferences n rapport, KC (?), etc.
Just remember that one man's meat is...n reality is in the mind of the beholder. Then there is the powerful n mysterious Rashomon Effect, hehehe.
One should value a gal for longer-term BY (more than a month), not just on looks n figure, but on her other qualities as a person.
How much would u pay to BY Marilyn Monroe when she was at the height of her career, assuming she was ur type n u could afford her? BTW, u could get her for a pittance when she was a teenage Norma Jean. Personally, I much prefer the younger n yet undiscovered Norma. That would be excellent value, like buying a startup which will become the next Microsoft, hehehe.
Finally, I would encourage experienced n esteemed bros here to share their opinions n comments on this fascinating subject of valuation.
Ths n hv a great day!!