You suck @ trading!

Spent the new years catching up on some reading and came across this wonderful tidbit, it keeps things in perspective. See the link for the full article.

Let’s face it you suck at investing. Your adviser sucks at investing too. If you had picked the best stock to buy every day you could have turned $1000 into $264 billion by mid December. That is a 26.4 billion percent return. Did you even get a 1 billion percent return? How about 1 million percent? 1000%? 100%? If you did not hit a 100% return then you did not get even 4/10 millionths of what was out there. Translation: You suck at stock picking.

Source: Dragonfly Capital

Stocks in the news (ai, chg, ck, ptt, singer, ticon, trt) 03.01.14

AI

Huge extra income in 4Q13 — AI will book extraordinary income of more than Bt1bn in 4Q13 from AIE’s IPO. It also said that 2014 will be an uptrend for the insulator manufacturing and engineering business. AIE will be listed in the MAI on Jan 6. (Khao Hoon, 03/01/14)

Comment: Punters rejoice!

CHG

CHG may be included in SET100 index. It aims at 2014 revenue growth of 10% YoY and is budgeting Bt950mn for expansion in 2014-2016. (Khao Hoon, 03/01/14)

Comment: You have to laugh when you see Khao Hoon printing such things in the papers, CHG does appear to be a well run outfit, although we still question the sales by management since the IPO, conspiracy theorists assume that its BGH doing the buying.

CK

Appeals Court dismissed Bt6.2bn lawsuit against ETA. The Appeals Court has dismissed a lawsuit filed by Ch. Karnchang Plc against the Expressway and Transit Authority of Thailand (ETA) demanding Bt6.2bn in compensation plus interest regarding the construction of the Bangna-Bangphli-Bangpakong expressway. Ch. Karnchang Plc will take the case to another court. (ThaiPBS 3/1/13) Continue reading Stocks in the news (ai, chg, ck, ptt, singer, ticon, trt) 03.01.14