The Superinvestors of Graham & Doddsville

Here's the link to the article by Warren Buffett suggesting there is value in Value investing after all -> http://www.gurufocus.net/guruek/thesuperinvestors.pdf


If you have not read it before, please do it! It is good for you! :)
If you have read it already, please read again! It is good for you! :)

My list of gurus I read for my own investment knowledge.
1) Bruce Berkowitz
2) Seth Klarman
3) Tweedy Browne & Partners
4) Marty Whitman
5) Warren Buffet & Charlie Munger
6) George Soros - ok, he's not value but he's one hell of a investor
7) Marc Faber - Always nice to balance out your view with Gloom & Doom & Boom!...
8) Jeremy Gratham of GMO

Unstoppable Bull Run!

An art sculpture by Chinese artist Chen Wenling. It is titled "How to Escape" and depicts a Bull that ensured disgraced Wall Street Financier Bernie Madoff won't be going anywhere soon.

Portfolio Update September 2009

2009 Year to date (YTD) Return Portfolio 17.25% Equity(Include Funds)  72.09% Direct Shareholding 162.14% Dividend/Coupon/Interest received for 2009 $82,217 Cumulative Return Since Nov 2007 Portfolio 2.74% Equity(Include Funds) 7.78% Direct shareholding 16.6%

1) Added more australian companies to my portfolio as there are still quite a few good names that are undervalued like Stockland, TabCorp, ANZ, NAB, Telstra, Wesfarmers etc with good dividend yield of > 5%.

2) Added Noble Group for its CIC stakeholder while  GuocoLeisure & Wheelock HK are undervalued as well.

3) HK IPOs market wasn't that hot and so, not much profit to speak off there.

4) Market seems to have priced in almost all the good news now and if there are no more big economic news that confirms a recovery, the market will be trading sideways. I am still holding to cash in Aussie time deposit while waiting for any further buying opportunity should the market correct downwards.