Stock investment

3 days of long hour classes in relates to stock investment with Adam Khoo, starting from the basic of stock, financial statement reading, useful ratios, business analysis, PV & intrinsic value, investing game and others really broaden my mindset towards applying what i have studied in university.

In the millionaire game, i would say im a little conservative. Buying 100 - 150 lots , compare to others who may be buying 1000 lots. Besides, i still keep holding the stock while others are selling it. Easily influenced by others and feeling regret after that. Make few right decisions, too taken for granted with life - mutual funds - trusting something that is too good to be true. Ask for opinion which affects my decision. My aim is to win, without a clear target to achieve. The businessman who wins really deserve it , as they are more aggresive type who will leverage on bank loan to finance the purchase of house when economy down as well has good foresight of which is the good stocks even they have no financial background. Not panic when economy crash. It helps me in managing my cashflow , with reserves in the bank in case of any uncertainties - no house rental to cover premium of rental, lose job, and others. Fill up SOCI in the beginning of the quarter, and SOFP in the end of the quarter. By monitoring it consistently, i will be able to monitor my net worth.

I would say with KNOWLEDGE alone is insufficient as i may be lack of real life experience. I would not blame my mistakes , but i treat it as lesson learnt :-

• never influenced by others.
• cashflow management 
• reduce lia - increase asset
• cover "must" exp
• too naive to being trust others. trust myself - for investing own money.
• Dont sell stock -with the belief / greed that it will go back higher / lack of discipline / influenced by others
• Have cash, but never fully utilised it ( not investing is even higher risk )                                         

Besides that, i learn about 10 fundamental analysis of FS 

• Sales , cashflow, net profit increasing ( annual / quarterly ) 
• Economic moat - ROE > 15% / GPM & NPM / brand , monopoly , barrier to enter
• Risk is managed
• Management buy or sell stock
• Cashflow 
• LT Debt = 4x net profit
• 50 , 150 , 200 SMA / 20 40 EMA ( 1 week = 5 days ) for daily chart only/ jack weekly - 2/5 weekly EMA 
• Intrinsic value - beta / operation cashflow ( 4 qtrs ) / Total debt = ST + LT / growth rate
• Growth rate 
• ROE / ROIC > 15%

Besides i also learn about candlestick

• hammer 
• doji
• long chain
• dark cloud cover
• piercing 
• harami
• bearish engulfing

co having negative / inconsistent CF ( PEG 1 < x < 1.3 )

co losing money ( buy - PB < 0.5 )

bank ( PB 1.2 < x < 1.4 )

property developer ( buy if price 20% less than NAV )

Choose stock based on daily usage ( consumer monopoly ) , stock screener , bloomberg news , gurufocus to create a watchlist of 15 co .. hold 10 stocks max for better management with multiple industries ( portfolio )