I always believe that to make one with more experience in investment, it is a critical factor to understand business.  Only with that knowledge you will understand the fundamental of a stock.  Even when it comes to speculation, you need fundamental knowledge.  gambling is 50/50. Speculation is 70/30 but you still need fundamental knowledge to support your bet.  Finally is fundamental investment which is 90/10.  But there is still a 10% risk in anything.  Thus, the practice of dont put all things in one basket emerged.

Even though it can save you some monies and open up more routes. Not now, as they are not profitable yet.

We will wait a few days to feel the market before we decide what to do next. Sometimes, do nothing is better then do something.

Looks like, commodities are going to run faster, really not because of demand and supply rule. It is just your paper money getting de-valued.

By theory, equities, commodities, properties prices will up futher. However, we will sell if they don’t control spending. Any military option from US will also trigger immediate sell as now we do understand how much money burnt on these activities.

We continue our nibbling into the distressed market.  We believe 1440 – 1460 currently is a very good support.  As of now, Dow Jones up more then 200 pts and if Bernake able to announce something special, or may be Qe3 related, 1500 level is definitely there.  But we will monitor and short term possible rebound will trigger our sell off back to the market.  We will see how.

Since many things are discounted, we feel that this round crisis the max will be around 1440 – 1460.  It is the best time to buy high beta and recent celebrity stocks that pull back a lot.  Recommend Tasco, Layhong, MBSB, Amedia, AFG and its call warrants.

We will consider to long KLCI if futures reaches 1450-1460.

I totally agreed to these two reference and it is now a step of many steps US planned.  Well, thats how financial markets behave.

美國評級遭下調 美國政府“偷著樂”  http://hk.biz.yahoo.com/110808/357/48zmk.html

Jim rogers commented http://jimrogers-investments.blogspot.com/2011/08/few-comments-on-s-downgrade.html

In a net buying position, we cannot resist to even buy more.

We do not believe it will be a worldwide crash like 2010.  If based on Europe indices, mostly already back to 2009 level and China CSI 300 also back into a very reasonable area.  Unless we are wrong, we are in mild buying mode every day when market drop.  But one thing for sure, our defensive portfolio is already achieved its role at this moment.

Cheetah, Innity, Alaqar REIT, MBSB, AFG-CD are among all we added today but we will continue to nibbling if market continuous head south when bargain and values emerge.