Showing posts from January, 2011

Portfolio as at end Dec 2010

My portfolio, as at end Dec 2010, contains the following stocks:
Guocoleisure, Eratat, Heeton, Hiap Hoe, Techcomp, Qingmei
Sold: Valutronics, Roxy, Bright World, Ziwo Bright World is sold at its mid-30s cents before its rise to 50 cents. All the stocks are sold to raise cash to buy other stocks.
Bought and Sold: China Gaoxian (GX), Hotung Have bought GX in October and dispose the entire position in late December at lower than 35 cents. Missed GX's run-up to 40+ cents. Hotung is a short-term play, which was bought at 12 cents and sold at 14 cents.
Bought: Guocoleisure and Qingmei Guocoleisure is bought due to the presence of insider's purchase. Qingmei is bought after it is ex-dividend, and due to its low PER.
Added: Eratat, Heeton Have bought more Eratat and Heeton shares, since both counters are relatively more undervalued as they have not run up as far as GX.
Portfolio Composition Eratat is my largest holding as at Dec 2010, while Qingmei has become my second largest holding. Heet…

Book Review: The Age of the Infovore

Book Review: The Age of the Infovore‘The Age of the Infovore’ is written by Tyler Cowen, an economics professor. The book is available in NLB.This book is thought-provoking but frustrating to read. The book belongs to those categories of books that read like a boomerang. That is, the book does not conclude or drill down to a few points. Rather, it keeps on expanding your perspective. The book may be easier on the mind, if the author treats each chapter as separate pieces and not as pieces relating to autistic strengths.Anyway, the interesting points:a) Autism’s cognitive strengths include:i) strong in ordering knowledge in preferred domainsii) strong in observing small pieces of information in preferred domainsb) These strengths are relevant to our internet world, when we see that large amounts of information are being ordered and processed to meaningful bits. For example, our favourite bookmakrs, Google search, Facebook, Twitter etc.c) When access is easy, we prefer the short, small …