像岳不群这样的虚伪之人，却要处处装出一副高高在上的正人君子的模样，他们的内心世界和外在表现有着巨大的反差，甚至尖锐矛盾对立。他们是怎样调和这样尖锐的矛盾，适应内心和外在的双重生活呢？这就是心理防御机制在起作用。
▲ 了解心理防御机制
心理防御机制是自我调和与本我、超我之间关系，适应复杂的外界环境，保持心理平衡的手段。当以上因素超出了自我的适应能力，引发强烈的焦虑和罪恶感时，将会无意识地激活一系列的防御机制来保护自我，缓解或消除不安和痛苦。
▲ 常见的心理防御机制有如下几种
△否认，对痛苦的现实无意识地加以否定
△压抑，将意识不能接受的观念、情感或冲动抑制到无意识中去
△合理化，通过似乎有理的解释或理由为其难以接受的行为、情感辩护
△升华，将社会所不能接受的性欲或攻击性冲动的能量转向更高级的、社会能接受的目标或渠道，进行创造性的活动。
当然，还有诸如投射、移植、抵消、幽默、认同、反向形成等多种防御机制都在起作用。
▲ 从心理防御机制 看岳不群的伪装
△投射作用：岳不群为了掩饰自己的真实目的，保持伪君子的形象，不断在外界寻找大奸大邪的讨伐对象，先是东方不败，后是任我行。就是把自己不能接受或欲加掩饰的欲望、感觉和想法投射到别人身上，以避免自己难受，或被别人发现。
△反向形成：又称“矫枉过正”：为了克制自己和社会所不能容忍和接受的冲动和欲望，干脆走到极端的反面。于是，岳不群就有了一副行为端庄、德行高尚的谦谦君子嘴脸。
△合理化：面对为达到个人目的，而给令狐冲带来的苦难和不幸，岳不群一句“江湖上腥风血雨，为何吹打得了别人，吹打不了他”而将自己的责任一笔带过。
防御机制并不是病态，相反，它们在维持正常心理健康状态上起着重要的作用。但正常防御功能作用的改变也会引起心理病理状态，如造就了伪君子岳不群。
Wednesday, January 28, 2009
Friday, January 23, 2009
Mindstorm, You are beyond Sorhai, OMG..
http://markettruthseeker.blogspot.com/
Mindstorm wrote:
Wednesday, January 21, 2009
Fundamental Analysis vs Tread Analysis
I say man : Technical Analysis lah! What the fxxk is that Tread Analysis?FA and TA both depends on INFORMATION. Information comes from the underlying company and also from the perception/formulation of more information generated by the market. In other words, price of a stock is a function of both fundamentals and perception.
I say man : ??????
Fundamentals being the more important because without it there is no stock.FA tries to acertain the accurracy of the information coming out from the company and capitalize on the information discrepacy between the companies information and how the market evaluate it.
I say man : ?????? I really don't know what are you trying to say.
TA however assumes that the company is doing its job of making money and staying in existence but focus on the perception part of the price which is volatile. FA tries not to make such assumption but focus on ensuring the the company is doing so.If the company is doing its job then the price is long term bullish.If the company is not doing its job then the price is long term bearish.But either one, along the way the price goes up and down(provided there is enuf vol) due to perception and TA tries to profit from these movements.
I say man : ?????? You really need to brush up your English. Walaoeh!!!
TA depends on FA for security and movement.FA depends on TA for maximum profit. FA takes advantage of TA.Both depends on itself to work. Huh? Yes, this is the theory of reflexivity by Soros. TA and FA information is both generated by humans and they themselves affect the price.When FA fails, it is usually because of the inaccuracy of the companies information. At these times, TA can be useful because it can pick up certain clues(due to action of insiders and relatedparties that knows these information beforehand). FA also fails in bear-ing market.
I say man : ?????? What the fxxk...
On astrology and markets. Astrological information may have certain truth in it. But the write up aboutit causes an affect greater than the real affect it actually has(In other words, mainly crap). The fact that many ppl believe in it causes it to be true.(You believe it is a bad year to buy, then you dont buy. If enuf ppl dont buy then the market will be depress) This is also true for TA, the fact that many traders believe in TA also can cause the believe to manifest.How true is the statement that astrological is played up more than it actually is true?This is because when it comes to natural disasters(which cannot be affected by believe),astrology always play backhand smash. After it happens, a lot of crap comes out saying how astrology indicated that it will happen. But never can astrology call a forehand, otherwise everybody can avoid natural disaster.
I say man : Thank goodness. At least I see what you are trying to shoot at. Very funny, hahahaha.
If you think you understand FA, go read some Berkshire Shareholder letters by Buffet and ask yourself you really understand them or not.
If you think TA is crap, well, you don't even know TA stands for Technical Analysis and you have already come into conclusion.. OMG!!
I am not laughing at your English or FA/TA Knowledge actually, I am laughing at your Ego. You have a Ego so big that you are not going to learn, and yet you wanna express your opinions to the entire universe. OMG, you have a long way to go. Good luck my friend, you need it. Sorhai!!!!
Thursday, January 22, 2009
Wednesday, January 21, 2009
Herbert Really Surrenders, hahahaha!
Herbert said:
Wednesday, January 21, 2009
I had ceased my blogging due to no time
I say man : Good for you Herbert, you pick a good timing to exit, better than your YTLPWR-WB exit timing. Hahahaha.
Samgoss again.. Bloody Bias Sorhai
Samgoss said...
2 Ivy...sime is a bad FA call ? ha ha.. I was wondering whether u understand what is FA or not ? , FA is not like TA , buy now , sell or cut loss when it break below/above d TP ! sime down 10cts from my cost, is it a bad FA call ? it is still too early to tell, perhaps u shld look at my ytlpwrwb @ 0.49 , she down to as low as 0.395 after my purchase, do u consider that as bad call oso ?? I think u need to find out more more about FA !
I say man : I no idea wat Ivy said, I just have to point out you all missing key element - "Time Frame". When you argue based on different "Time Frame", is in vain.
Max alread answered y TA can hv different views ? OMG ! u called that a answer ? he talked about volume , volume can be counted n formulated, whatever thingys that can be counted can also be formulated ! since it can be formulated , d views shld be d same !
I say man : TA different views because different "Time Frame" and types of "Trading Method". Just like FA, can have different views also, "Macro or Micro - data", "Demand and Supply - data".
Just like maths , whether u use 2 times 3 or 3 times 2 , d answer is still d same !
I say man : Likewise to FA, if so simply, then your fans no need you already.
FA can not be formulated due to unpredictable future earning ! that's y d views can be different ^V^ if u still dont understand this... i think god oso cant help u liaoo^V^
I say man : Opps. I thought I mentioned this above.
Talk about my epic, first pls look at my comment on epic, i said it is unconfirmed insider news , that's y i bot little bit only, n it turned up to be a false alarm , so cabut lah what to do ?
as for Huaan, cos commodities r all heading south , its future earning couldnt meet my forecast ( unpredictable future earning ) at d same time i found there is a better stock to swap to (ytlpwrwb ), hence i cut @0.575 n swap to ytlpwrwb , as simple as that lorr ^V^
I say man : So you also have stop loss wat...
4 me , TA is like gambling, as known to u all, out of ten gamblers , 9 will ended up in holland n d other one will die standing , since it is no good, y shld I keep quiet ? salah ka ?
Know y I 一竹竿打死整船人? find out yrself , which TA bloggers r doing well ? see yrself, how many of them still blogging now ? most of them r either half death ot gone with mr holland liaoo...am I not correct ? need me to name their TA blog out ?
I say man : You know why TA bloggers mostly failed in Malaysia? They are not good enough is one thing, another thing is the liquidity of shares in Malaysia. They are controlled, unlike US - bigger market, more liquidity.
2 max, ha ha macam ini pun boleh ar ?? FA n TA come to same conclusion ? ..u must be kidding ^V^.. recession is due to fundamental of d economy is coming down not bcos of TA lah.. dont simply call ppl mama if u see her wearing skirt..ok ?
I say man : I told you already, talking to a bias sorhai is plain useless.
besides d sour seng , R u saying all d TA bloggers out there r half tanker ? ha ha.. I like yr statement :-
To be good in TA, one must guard against many emotions. One of them is always to remain humble, ie no ego. And also to guard against vanity.
Hello max , by saying there r no good TA bloggers out there , do u think Max can still be humble n no ego ? ha ha ..what say u theng n ivy ? ha ha
Tuesday, January 20, 2009
Come on Herbert, be a good sport pleaseeee?
Come on Herbert, be a good sport a bit can? Communication is a two way thing, why you don't answer me but accuse me instead.
herbert said...
herbert said...Thanks for you (Kids, Ah seng's cow / TA follower) left such a kids statement in my blog.. I got other more important things to do rather spend time on this rubbish arguement..since you are very happy on my losses on YTLPOWER-WB huh?? Just Go ahead.. Pls don't disturb my blog again.. By the way, sorry that i making profit on UEMLAND huh?? jangan marah huh..
My time is for making future money.. not for you this otak cacat person always look behind things that has been passed.. what was passed has been done?? ok?? need to teach you again huh?? Ah Pek?? I will buy back YTLPOWER_WB again when Uncle Sam call to buy again.. Jangan marah huh?? Hahaha..
I say man : I am a grown-up man and my blog is not about TA or FA (but just about sorhai like ...you) and Ah Seng is another sorhai to me. Enough? I gave you very smart comment to you what, why can't you just face the reality?? huh? Yes, you got more important thing to do, like bodek samgoss or writing sour comments in Samgang, hahahaha, funny guy u r.
Making profits argh? Good for you lah, you need the profits to cover many losses oh. I am pround of you in fact, hahahaha. Who otak cacat, the one sold YTOPWR-WB at loss? hahahaha.
herbert said...
This is my last posting.. i will treat your posting on my blog is childish comment..
I really felt shame to visit your blog.. this is my last message for you. JAngan marah huh... (Grin).. from Herbert. Uncle Sam's follower...
P/s: thanks for releasing my comment in your blog for this TA follower read..
Wow!! Resort go up today!!! Fantastic..
Sunday, January 18, 2009
Herbert, Your Sifu is a 小人。
Herbert, I tell you what. I am just someone who knows Samgoss's tactic so well that I know his every move. Before you get angry or kepala angin, just read on. At least use your brain a bit this time:
1. Maxforce came into Samgang recently and discussed about TA, thanks to the Sorhai Seng, and no thanks.
2. Of course, your sifu had to act like gentleman, replied nicely firstly, because your sifu is many sorhai followers' idol.
3. Then suddenly, a new characther - "Theng" came in to Samgang also, started sour comments on Maxforce and Bizfun. That's so obvious, as if "Theng" was like spokeperson for Samgoss. Now, look at the screen shot below for the time and date of this "Theng" posted his comments.
4. Then suddenly, some imposter of "Maxforce" appearing in a FKLI blog's chat room trying to insult others. That's so predictable, trying to creat havoc for the real Maxforce. That's the dirty trick often seen if there is any blogger trying to take on Samgoss. Again, look at the screen shot below for the time and date of this "Fake Maxforce" posted his comments.
5. So ngam arh? the date and time were so closed. Hahaha! The "Theng" and the "Fake Maxforce" are probably the same person, and probaly your sifu. Don't you know your sifu like to stay up late till early morning? Of course, I could be wrong, and I hope I am the wrong one, then the great sifu Samgoss is the one with "integrity"... my foot!!!! and dared to say "人在做，天在看".. i say "天收你"
Let me assure you, I am not on anybody's side, I just want to show some of the blind-folded fellows out there, Samgoss is a fake gentleman and a 真小人. Wake up. He may be able to make some real money from klse, that doesn't mean he is credible on his integrity. Wake up.
1. Maxforce came into Samgang recently and discussed about TA, thanks to the Sorhai Seng, and no thanks.
2. Of course, your sifu had to act like gentleman, replied nicely firstly, because your sifu is many sorhai followers' idol.
3. Then suddenly, a new characther - "Theng" came in to Samgang also, started sour comments on Maxforce and Bizfun. That's so obvious, as if "Theng" was like spokeperson for Samgoss. Now, look at the screen shot below for the time and date of this "Theng" posted his comments.
- Theng said...
"Dont count the CNY higher margin la. That one temporary only." - Oh.... your sifu teach you no need to calculate temporary higher margin ah? like that ah? so, let's assume RM 4000 stuck for the rest of the year with once in a while a higher margin, how much you wanna reserve to trade 1 lot? max, you can refer to your sifus, then only answer us. I wanted to know how TA skills / your accounting stuff can help you on this.
Sam, the game is getting exciting. I bet sorhai seng wanted to get involved, but too bad; he's not invited as we rather face maxforce (a reasonable guy at least)then 'paying piano with the sorhai bull'对牛弹琴, right?
4. Then suddenly, some imposter of "Maxforce" appearing in a FKLI blog's chat room trying to insult others. That's so predictable, trying to creat havoc for the real Maxforce. That's the dirty trick often seen if there is any blogger trying to take on Samgoss. Again, look at the screen shot below for the time and date of this "Fake Maxforce" posted his comments.
8 Jan 09, 03:19
maxforce: i am a fkli expert. you guys are all stupid. listen to me at http://www.bizfun.cc/forum/index.php/topic,171.msg17707.html#ne 18 Jan 09, 03:18
maxforce: Margin is RM4000 now. Dont count the CNY higher margin la. That one temporary only.5. So ngam arh? the date and time were so closed. Hahaha! The "Theng" and the "Fake Maxforce" are probably the same person, and probaly your sifu. Don't you know your sifu like to stay up late till early morning? Of course, I could be wrong, and I hope I am the wrong one, then the great sifu Samgoss is the one with "integrity"... my foot!!!! and dared to say "人在做，天在看".. i say "天收你"
Let me assure you, I am not on anybody's side, I just want to show some of the blind-folded fellows out there, Samgoss is a fake gentleman and a 真小人. Wake up. He may be able to make some real money from klse, that doesn't mean he is credible on his integrity. Wake up.
Samgoss's No.1 Sorhai Bodek Fan - Herbert
herbert said...Dear Maxforce,
I have been following Uncle Sam's blog throughout many years but not a decades..
In reality, i'm still strongly agreed on FA approach practicing by Uncle Sam all the while. Instead of TA method (canddle stick, lead you to halland)..
In fact, if you carefully examine the business news in newspaper whether chinese or english.. Almost more than 50% of writer emphasis on EARNING DATA, BIZ PROSPECT comes to derive so call "PE RATIO"...
About your statement, everything has it's circle.. Fall and rise.. rise and fall.. I'm totally disagree on your concept in stock market..
Does it mean all Fund Manager are playing game??? Just goreng goreng in stock market?? The answer is no...
In fact, "brain play" come into most important parts to earn money.. nothing is free in this world!!!
Definately, they are doing their homework based on HISTORICAL DATA, FORECAST, BUDGET and BIZ ENVIRONMENT (MICRO OR MACRO Economic) to decide which are FUNDAMENTAL STOCK (gems) to invest..
So MAXforce, since you said TA are more powerful than FA??? Pls show me which blog has proven records with TA picks??? Pls do email me.. i felt very curious on this... Haha.. Or you maybe show me your forehand call on the counter that based on your TA principle?? Haha
Uncle Sam are using FA to earn money not TA.. If he is using TA?? Oh, i'm so sorry then.. wasting my time to type message in Uncle Sam blog..
Haha.. TA is trying to deceive people.. There is no fundamental data to support the explaination.. Fall and rise.. rise and fall???
If yes, i think all of us is playing the childish game in stock market..
Anyway, appreciated your reading my message.. No intentional offend on you.. Just want to tell you what is the fact!!! Fact is fact.. Nothing can change the fact.. unless the person trying to come out certain unreal statement to deceive himself.. well, since Seng Ko is happy with that.. just go ahead.. We can not force the cow (Ah Seng Cow) to drink water.. Hahaha...
Just joking.. Have a nice weekend ahead..
Monday, January 12, 2009
This one is even a bigger Sorhai! - fusioninvestor.blogspot.com
Hey Seng, if you think a person is worth nothing, you don't waste your time to such a length to come out this kind of childish proposal, OMG..
I know, you are trying to play game. What a way to start 2009! Grow up please.
I know, you are trying to play game. What a way to start 2009! Grow up please.
Monday, January 12, 2009
Update on $4 Million proposal to Samgoss - A Second $8 Million Proposal
Further to my $4 Million per year proposal to Samgoss, fellow blogger Moolah has also blogged on my Public Offer here - http://whereiszemoola.blogspot.com/2009/01/local-malaysian-blgger-claims-markets.html
Moolah's Comments
1. "An extremely profitable proposal that Seng has made."
[Seng comment: Yes, I want to emphasize that $4 Million EACH YEAR is a LOT of money to turn down.
Does Sam currently earns $4 Million EACH YEAR?
Seriously Sam, tell me HOW MUCH do you earn EACH YEAR in the last 5 years?
I can guarantee you more - MUCH MUCH MORE - than what you earned in the last 5 years.
Of course, you'll need to provide proof of you past 5 years income at the very least.]
2. "Of course it's a double sworded as this proposal also equates to a massive challenge for Sam to prove that he is not a fake."
[Seng comment: I want to emphasize that whilst it's a massive challenge, it's very simple action for Sam.
Why?
Because I am only interested in The Truth.
If the past results are there, I want to emphasize that he doesn't need to fear anything, or need to to do anything more.
Just let his past results speaks for themselves.
The audit will merely discover and report that truth.
You see, when you apply for a $40,000 per annum job (let's not talk about $4 Million per annum job), it is standard procedure for you to fill an H.R. form to state your name, your I/C number, your contact phone number, etc.
In this job, because it relates to a hedge fund investing, your track record is important. So, it's only standard procedure to audit your past claims, so, one needs to see your past trades and verify it with your both the securities firm and the banks. With audited data, we will then do more analysis and come to our own conclusion. Sam, you don't need to try to explain how you did it.
I have no doubt Sam will have made past withdrawals from his stock account (to buy property, car, eat abalone, shark fin soup, etc. as he claimed), so, I want to verify in the audit that money has been withdrawn from the stock broking firm to his bank. Everyone can lie about anything, but PAST financial transactions that has been filed to the regulators/Bank Negara - in theory - cannot lie.
All my request is basic standard info for this type of job. Nothing special.
For $4 Million PER YEAR contract offer, why doesn't Sam want to tell me BASIC, STANDARD data?
What is he afraid of?
What is he hiding?
What is he not telling us?]
3. To be honest, 1500% in 16 years is such a record to be proud off.
[Seng comment: Agree absolutely. I want to add that he is actually much better than that, because in that 16 years, he has withdrawn substantial amount of monies regularly and still achieve his 1,500%]
3. Perhaps iCapital, Tan Teng Boo, should hire Sam here to be the chief investment manager for his closed end fund.
[Seng comment: Yes, I must reluctantly agree. They are my competitors, because every fund manager with a little bit of smarts (doesn't need to be as clever as Buffett) will immediately jump to see if they can hire / create new positions for this super-investor, if his results are genuine.]
4. And if Sam record is as genuine as he proudly proclaim, won't you even want to invest in his funds?"
[Seng comment: Agreed. That's my original proposal, which is specially intended to let EVERYONE, including and ESPECIALLY Sam's followers to benefit from this proposal.
Currently, there are TOO MANY real life problems to follow Sam's call-
1. It takes a lot of constant monitoring and work to follow his convoluted blog timely.
2. There is time-lag from the time he buy/sell to the time he blogs.
3. By the time you want to buy or sell something, the time lag means price will have gone up or gone down.
4. Sam's backhand - which means you misses out.
5. Sam keeping his best ideas to himself.
6. 100 other reasons and too long to blog about it.
So, why should anyone - using Sam's own words in his blog - "like ck5354, Dylan, ccdev, newbies n ivtac" accept inferior method now?
So, I came up with this idea, so that EVERYONE now have a chance to get EXACTLY what Sam gets, and EVERYONE in his blog should be HAPPY and join my suggestion.
I really hope to hear from "ck5354, Dylan, ccdev, newbies n ivtac" that they like this idea.
Isn't this a good idea? If it's not good, why is it not good? Write to me, and tell me objectively and concretely why it's not a good idea.
You see, if we can pool Sam's own money TOGETHER with EVERYONE's, then, Sam's work is easier also.
He doesn't need to blog anymore. With his spare time, he can use my chatbox and my blog to continue to rubbish TA methods and to rubbish STOP LOSSES!
Yet, so many of Sam's "followers" are against this business proposal!
I am genuinely dissappointed that Sam's followers have not thought about Sam's BEST interest.
If they did, they all will be asking Sam to accept my business proposal.
Sam makes the Most Money out of my proposal.
His supporters will make MORE money than they did before.
Everyone here also Makes Money!
Win/Win/Win!
Isn't this logical?]
Jason Ups His Offer to $20 Million above my estimation
Jason responded with an even bigger offer than I estimated - https://www.blogger.com/comment.g?blogID=935072059836759128&postID=6590073621444877083.
1. "Put me on the audit team. I don't trust the majority of Malaysian audit firms. (having worked on their teams or with friends who worked there)
[Seng comment: Jason, I am sure ALL of Sam's followers will thank-you from the bottom of their heart for your support!
With your extra contributions, Sam can now look forward to $8 Million Income in 2009!]
Sam turned down my $4 Million Offer
1. See his blog here. http://samgang.blogspot.com/2009/01/v-wow-4-mil-offer-by-sour-seng-ah-seng.html
2. From a business perspective, I am extremely dissappointed with his childish response. There are MORE nonsense, and no serious consideration at all. No serious business man would respond like this in real life.
3. He responded by showing what he claimed to be his Public Bank pass book voluntarily to everyone.
a. How do we know this is his passbook and not someone else's without knowing his full name or his I/C number, and have this verified with Public Bank management?
b. Why show just one snapshot? Why not show everything continuously over the past 16 years to the external auditor in confidence? The external auditor can verify with Public Bank management.
Sam, do you see the problem with your response?
Sam's Compounded Annual Returns are MUCH higher than 1500%
You must remember that:
1. In 1992, Sam starts with $12k, as he said in his latest article above.
2. In 2008, Sam's fund is around $700k?
3. The yearly return = (700,000 / 12,000) ^ (1/16) = 28.93% per annum.
4. However, his true compounded yearly return would have been much higher than this, because over the years, he has withdrawn monies for the following purposes:
a. He purchased in his own words "properties". (Yes, he mentioned this more than once in his blog). KL properties - especially when renovated so nicely in his blog - is not cheap.
b. He purchased a BMW car, and very likely more than just one car over the last 17 years. BMW cars are not cheap like Proton cars ...
c. He withdrawn his fund to pay for his living expenses. Living in KL - even on poor taste - is not cheap.
d. He has expensive taste - just look at the food he boasts about.
e. Even if you conservatively estimate $4,000 per month to live in KL, which is EXTREMELY cheap, already, this is $50,000 per year, or $800,000 over last 16 years. Who pays for his living expenses? Is this from his investment earnings?
f. Conservatively, if you believe his blog, he would have spent additional $2 million to $3 million or even more just on items a., b., c., d., e. over the last 16 years.
g. What about sex? Do you think he pays for that or do you think he has a girlfriend or a wife? Add that to the expenditure.
h. Which means, he must have used just $12,000 to generate say $3 million to $4 million OR MORE at the least in the last 16 years.
h. But if he had compounded his returns, it would be much bigger than $3 million to $4 million at the least. Imagine if he had no spending? The monies saved in earlier years would have grown even more!!
i. So, my wild, rough guess is something like 100% per annum. He should be able to achieve this very easily, especially, when he has earned 299% over 26 months, or more than 115% per annum.
j. Do you see why this guy is MUCH BETTER than Warren Buffett?
Conclusion
This guy deserves to be investigated and audited in detail.
Seriously!
He claims to be THAT good, I don't know of anyone else on earth that comes close to his results.
All newspapers - not just Malaysian, but the Entire World - must know about him.
So, Sam, I am giving you a 2nd chance to have your results audited.
Why can't we deal like business-men?
I want to be your Manager.
Business-men don't need to rubbish each other.
I am not upset with you at all. I'm annoyed at your childish nonsense, but I'm never upset at you.
I just see a wonderful - once in a lifetime business opportunity - in you. If all your claims are true. We can make money together. I see GLOBAL OPPORTUNITY IN YOU!
My offer is genuine, because throughout my entire life, I have NEVER met anyone with a record like yours.
I have a close friend who is a Chief Investment Officer in a global financial organization based overseas (and his organization also has some investments in KLSE), and he has never heard of anyone with a record like you who managed to achieve what you did without leverage.
Conversely, he has seen, heard, and met far too many people who boasts like you, but in reality, are just "KOSONG", or are part of a syndicate.
So, if you are genuine, let's do business together, and let's start by having the results of yours audited.
Alternative Proposals If You don't want to work for me
With your talent Samgoss, I have MANY alternative proposals for you even if you don't like $8 Million PER YEAR!
Even if you don't want to work for me, but you can work for someone else, I also have MANY BUSINESS PROPOSALS for you! E.g. just look at the biography by Alice Schroeder on Buffett called "The Snowball". I want to get someone like Alice to write a biography on Samgoss life AFTER we audit!
We can discuss ANYTHING. But let's audit your results first. No need to fear anything if it's true. There's an English saying that says "Why would I want to kill the goose that lays the golden egg?" Samgoss - you ARE my Golden Goose!
I hope to hear a serious response this time.
Thank-you.
0 comments
Moolah's Comments
1. "An extremely profitable proposal that Seng has made."
[Seng comment: Yes, I want to emphasize that $4 Million EACH YEAR is a LOT of money to turn down.
Does Sam currently earns $4 Million EACH YEAR?
Seriously Sam, tell me HOW MUCH do you earn EACH YEAR in the last 5 years?
I can guarantee you more - MUCH MUCH MORE - than what you earned in the last 5 years.
Of course, you'll need to provide proof of you past 5 years income at the very least.]
2. "Of course it's a double sworded as this proposal also equates to a massive challenge for Sam to prove that he is not a fake."
[Seng comment: I want to emphasize that whilst it's a massive challenge, it's very simple action for Sam.
Why?
Because I am only interested in The Truth.
If the past results are there, I want to emphasize that he doesn't need to fear anything, or need to to do anything more.
Just let his past results speaks for themselves.
The audit will merely discover and report that truth.
You see, when you apply for a $40,000 per annum job (let's not talk about $4 Million per annum job), it is standard procedure for you to fill an H.R. form to state your name, your I/C number, your contact phone number, etc.
In this job, because it relates to a hedge fund investing, your track record is important. So, it's only standard procedure to audit your past claims, so, one needs to see your past trades and verify it with your both the securities firm and the banks. With audited data, we will then do more analysis and come to our own conclusion. Sam, you don't need to try to explain how you did it.
I have no doubt Sam will have made past withdrawals from his stock account (to buy property, car, eat abalone, shark fin soup, etc. as he claimed), so, I want to verify in the audit that money has been withdrawn from the stock broking firm to his bank. Everyone can lie about anything, but PAST financial transactions that has been filed to the regulators/Bank Negara - in theory - cannot lie.
All my request is basic standard info for this type of job. Nothing special.
For $4 Million PER YEAR contract offer, why doesn't Sam want to tell me BASIC, STANDARD data?
What is he afraid of?
What is he hiding?
What is he not telling us?]
3. To be honest, 1500% in 16 years is such a record to be proud off.
[Seng comment: Agree absolutely. I want to add that he is actually much better than that, because in that 16 years, he has withdrawn substantial amount of monies regularly and still achieve his 1,500%]
3. Perhaps iCapital, Tan Teng Boo, should hire Sam here to be the chief investment manager for his closed end fund.
[Seng comment: Yes, I must reluctantly agree. They are my competitors, because every fund manager with a little bit of smarts (doesn't need to be as clever as Buffett) will immediately jump to see if they can hire / create new positions for this super-investor, if his results are genuine.]
4. And if Sam record is as genuine as he proudly proclaim, won't you even want to invest in his funds?"
[Seng comment: Agreed. That's my original proposal, which is specially intended to let EVERYONE, including and ESPECIALLY Sam's followers to benefit from this proposal.
Currently, there are TOO MANY real life problems to follow Sam's call-
1. It takes a lot of constant monitoring and work to follow his convoluted blog timely.
2. There is time-lag from the time he buy/sell to the time he blogs.
3. By the time you want to buy or sell something, the time lag means price will have gone up or gone down.
4. Sam's backhand - which means you misses out.
5. Sam keeping his best ideas to himself.
6. 100 other reasons and too long to blog about it.
So, why should anyone - using Sam's own words in his blog - "like ck5354, Dylan, ccdev, newbies n ivtac" accept inferior method now?
So, I came up with this idea, so that EVERYONE now have a chance to get EXACTLY what Sam gets, and EVERYONE in his blog should be HAPPY and join my suggestion.
I really hope to hear from "ck5354, Dylan, ccdev, newbies n ivtac" that they like this idea.
Isn't this a good idea? If it's not good, why is it not good? Write to me, and tell me objectively and concretely why it's not a good idea.
You see, if we can pool Sam's own money TOGETHER with EVERYONE's, then, Sam's work is easier also.
He doesn't need to blog anymore. With his spare time, he can use my chatbox and my blog to continue to rubbish TA methods and to rubbish STOP LOSSES!
Yet, so many of Sam's "followers" are against this business proposal!
I am genuinely dissappointed that Sam's followers have not thought about Sam's BEST interest.
If they did, they all will be asking Sam to accept my business proposal.
Sam makes the Most Money out of my proposal.
His supporters will make MORE money than they did before.
Everyone here also Makes Money!
Win/Win/Win!
Isn't this logical?]
Jason Ups His Offer to $20 Million above my estimation
Jason responded with an even bigger offer than I estimated - https://www.blogger.com/comment.g?blogID=935072059836759128&postID=6590073621444877083.
1. "Put me on the audit team. I don't trust the majority of Malaysian audit firms. (having worked on their teams or with friends who worked there)
[Seng comment: No problem. I will also be on the audit team myself.]
2. If I like what I see, I will personally put another RM2 million into this fund. And will attempt to put RM20 million in from friends and family."[Seng comment: Jason, I am sure ALL of Sam's followers will thank-you from the bottom of their heart for your support!
With your extra contributions, Sam can now look forward to $8 Million Income in 2009!]
Sam turned down my $4 Million Offer
1. See his blog here. http://samgang.blogspot.com/2009/01/v-wow-4-mil-offer-by-sour-seng-ah-seng.html
2. From a business perspective, I am extremely dissappointed with his childish response. There are MORE nonsense, and no serious consideration at all. No serious business man would respond like this in real life.
3. He responded by showing what he claimed to be his Public Bank pass book voluntarily to everyone.
a. How do we know this is his passbook and not someone else's without knowing his full name or his I/C number, and have this verified with Public Bank management?
b. Why show just one snapshot? Why not show everything continuously over the past 16 years to the external auditor in confidence? The external auditor can verify with Public Bank management.
Sam, do you see the problem with your response?
Sam's Compounded Annual Returns are MUCH higher than 1500%
You must remember that:
1. In 1992, Sam starts with $12k, as he said in his latest article above.
2. In 2008, Sam's fund is around $700k?
3. The yearly return = (700,000 / 12,000) ^ (1/16) = 28.93% per annum.
4. However, his true compounded yearly return would have been much higher than this, because over the years, he has withdrawn monies for the following purposes:
a. He purchased in his own words "properties". (Yes, he mentioned this more than once in his blog). KL properties - especially when renovated so nicely in his blog - is not cheap.
b. He purchased a BMW car, and very likely more than just one car over the last 17 years. BMW cars are not cheap like Proton cars ...
c. He withdrawn his fund to pay for his living expenses. Living in KL - even on poor taste - is not cheap.
d. He has expensive taste - just look at the food he boasts about.
e. Even if you conservatively estimate $4,000 per month to live in KL, which is EXTREMELY cheap, already, this is $50,000 per year, or $800,000 over last 16 years. Who pays for his living expenses? Is this from his investment earnings?
f. Conservatively, if you believe his blog, he would have spent additional $2 million to $3 million or even more just on items a., b., c., d., e. over the last 16 years.
g. What about sex? Do you think he pays for that or do you think he has a girlfriend or a wife? Add that to the expenditure.
h. Which means, he must have used just $12,000 to generate say $3 million to $4 million OR MORE at the least in the last 16 years.
h. But if he had compounded his returns, it would be much bigger than $3 million to $4 million at the least. Imagine if he had no spending? The monies saved in earlier years would have grown even more!!
i. So, my wild, rough guess is something like 100% per annum. He should be able to achieve this very easily, especially, when he has earned 299% over 26 months, or more than 115% per annum.
j. Do you see why this guy is MUCH BETTER than Warren Buffett?
Conclusion
This guy deserves to be investigated and audited in detail.
Seriously!
He claims to be THAT good, I don't know of anyone else on earth that comes close to his results.
All newspapers - not just Malaysian, but the Entire World - must know about him.
So, Sam, I am giving you a 2nd chance to have your results audited.
Why can't we deal like business-men?
I want to be your Manager.
Business-men don't need to rubbish each other.
I am not upset with you at all. I'm annoyed at your childish nonsense, but I'm never upset at you.
I just see a wonderful - once in a lifetime business opportunity - in you. If all your claims are true. We can make money together. I see GLOBAL OPPORTUNITY IN YOU!
My offer is genuine, because throughout my entire life, I have NEVER met anyone with a record like yours.
I have a close friend who is a Chief Investment Officer in a global financial organization based overseas (and his organization also has some investments in KLSE), and he has never heard of anyone with a record like you who managed to achieve what you did without leverage.
Conversely, he has seen, heard, and met far too many people who boasts like you, but in reality, are just "KOSONG", or are part of a syndicate.
So, if you are genuine, let's do business together, and let's start by having the results of yours audited.
Alternative Proposals If You don't want to work for me
With your talent Samgoss, I have MANY alternative proposals for you even if you don't like $8 Million PER YEAR!
Even if you don't want to work for me, but you can work for someone else, I also have MANY BUSINESS PROPOSALS for you! E.g. just look at the biography by Alice Schroeder on Buffett called "The Snowball". I want to get someone like Alice to write a biography on Samgoss life AFTER we audit!
We can discuss ANYTHING. But let's audit your results first. No need to fear anything if it's true. There's an English saying that says "Why would I want to kill the goose that lays the golden egg?" Samgoss - you ARE my Golden Goose!
I hope to hear a serious response this time.
Thank-you.
Saturday, January 10, 2009
This Sorhai for Appetiser - samgang.blogspot.com - samgoss
Samgoss wrote
"2 Eric n all , all these r street money , 不拿白不拿 ^V^ u guys no need to thanks me.. I did all these due to 2 reasons:-
1) Good Karma for me n my next generation.
2) Prove to TA bloggers that FA is nothing but d best n TA is nothing but my foot !
( Since seng has gone with d wind lately n oso keeping so quiet, I think it is time for me to let him go... )
"
LOL, what a Sorhai
1) You think you can earn Karma? You think your next generation can enjoy your credit? Plain brainless. Imagine this, if your next generation good for nothing, sill can enjoy your the so called earned Karma? Ada logic tak?
2) What a childish comment. Imagine this, if you have not met a good TA guy, then you assume there is no good TA guy. You don't try to fool your stupid followers on this. Hmm, you do have a issue with the Seng fellow. That's all reflection of lack of sense of security, on whatever sour comments you pour on Seng.
My greatest sympathy to all the sorhai samgang followers. LOL, you guys are the best bodek fellows in the whole universe.
"2 Eric n all , all these r street money , 不拿白不拿 ^V^ u guys no need to thanks me.. I did all these due to 2 reasons:-
1) Good Karma for me n my next generation.
2) Prove to TA bloggers that FA is nothing but d best n TA is nothing but my foot !
( Since seng has gone with d wind lately n oso keeping so quiet, I think it is time for me to let him go... )
"
LOL, what a Sorhai
1) You think you can earn Karma? You think your next generation can enjoy your credit? Plain brainless. Imagine this, if your next generation good for nothing, sill can enjoy your the so called earned Karma? Ada logic tak?
2) What a childish comment. Imagine this, if you have not met a good TA guy, then you assume there is no good TA guy. You don't try to fool your stupid followers on this. Hmm, you do have a issue with the Seng fellow. That's all reflection of lack of sense of security, on whatever sour comments you pour on Seng.
My greatest sympathy to all the sorhai samgang followers. LOL, you guys are the best bodek fellows in the whole universe.
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Alala! I am here to see any tips from uncle Sam, why so much TA stuff oh! "V"
TA is trend follower! You TA guys un or not un? It MEANS when crude oil going down from USD147 to USD35, u keep shorting so now u r rich. TA Pro would have told you market is going down 1 year ago, so TA pro again did a lot of shorting.......If you missed that, your TA failed.
It's like D-.
This is what TA does. It is the purpose of TA. So now TA pro will tell you market is going down. Why i am hearing u guys having buy call?
For FA pro like Warren Buffett and Sifu Sam, this is a very exciting time as lots of cheap stocks available. Some house in US is selling for USD1,000 each and you can buy 1 chicken for HKD1.
I say man : FA? = Buy Cheap? Dead wrong! For instance, when Buffett bought Coca-Cola, it was not cheap. I don't want to give you free lessons. You do some homeworks please. And, don't simply mention Buffett here and there please, not working for Malaysia one. Understand? Sorhai! You are just another tips follower.