I appreciate Kiri’s approach. There’s plenty of times I’ve had my swing portfolio (holding anywhere from 3-12, maybe 18 months) in only 1, 2, or 3 stocks. It’s simply targeting and conviction. And it’s worked super well. Sure, i also hold a long term portfolio that’s about 20 stocks, but my active swings are never more than 5 plays. Good on him, as he clearly reads the fundamentals and has a strategy. 👍
IMO, diversification is not a display of lack of conviction but a very key part of risk management, together with appropriate sizing of each position. There’s no way one can predict black swan events, which can be exogenous or idiosyncratic. Hence, the only way is to size up the position properly such that if heads we win, tails we don’t lose much in aggregate.
LEAPs vs Margin, one difference would be that dividends would not be credited for LEAPs compared to holding the equity on margin, so the dividends offsets the margin expense, Kiri is like a model tangible investor considering all the tangible factors(valuations,revenue,dividend payout ratio) and that there comes a time when price is too cheap and can overlook everything else, and Eric considers the intangibles(policies, future changes based on historic actions) and prefer not to get in to prevent being penny wise, pound foolish. Nothing wrong with either strategy. Good insights overall Thank you all for this sharing!
kiri sounds young and not very articulative, but following his calm and detail explanation and broad knowledge in answering tough questions really impressed me. He definitely know what he does than what he shows.
There is nothing wrong with being overly concentrated on a few stocks, if you are a trader. But the way that Kiri goes about this is just full of question mark. Being diversify in your stock holding selection is "a way" to lower your "downside" for your portfolio. But a simple stop loss limit on your stock holding would do just as well for your overly concentrated stocks as well. My problem with Kiri is he is quite bullish on alibaba, which I was as well. But instead of purchasing long dated option calls. He gets a margin loan at 6% (mtd;ytd)? I have had 55 long calls on Alibaba (entry price range $72-75); (exited $86 level) He has no risk understanding, but at least he is honest about it.
Kiri's approach does not consider all expect of the company and just mostly on PE values. Def not my kind of approach. I hold BABA but for so many other reasons. But then again, going all in when it is just 40k is totally okay versus a 200k portfolio.
Pure size is not a competitive advantage if it doesn’t bring with it local economies of scale. Kmart was 3X the size of Walmart in the mid 70s and look what happened over the next decade. The company that has a structural cost advantage should win.
There is nothing wrong holding two stocks . I myself do not over diversify . Problem most retail investors don’t understand being focussed will make more gains if you make the effort to find the right stock
BABA entry at 78 is impressive. In the end, all valuation models are opinions, only price is fact. I assumed the target price for BABA was around 160-ish, based on what was said about BABA at 50% discount. Mathematically, an 80% allocation is taking a 50/50 chance for a 100% gain or 40% lost. So, the BABA bet is still within reason. But, the leverage and another China-focus stock in the pot is dubious imo. Perhaps the risk-reward justifies that, who knows.
I think it's because his idea of investing is very different from what most investors think so they got curious and asked many difficult questions to understand him.
Super risky, imagine the gov announces some shit then it gap down pass your SL, or if u didnt set SL then also GG From the interview, u didnt have a plan? when to get out?
He mentioned he will hold 5-10 years if baba is the remain stagnant, but may I know how much % interest for the margin leverage he is paying per month? Assuming a conservative 5% per month, 1 year = 60%. 10 years = 600%. After 10 years you will need the stock to go up more than 6x in order to start gaining. Have he really think through about this? haha Opps till end of video I just heard his margin interest was 6.1% actually. I think this guy need help, he could just go doom one day if things go south. The way he speak about baba just shows me that he is just investing on it base on FOMO.
I just want to say it is really hard to judge the value of a company by just looking at the financial stats. As a Chinese, I would say very few people outside of China understands how strong and competitive PDD is. Alibaba's bigget threat is definitely PDD, and I wouldn't be surpised if PDD overtake Alibaba in terms of GMV and the E-commerce marketshares in china. All the other player like JD, Douyin wouldn't really influence baba's business that much. I actually would say that, if there weren't any trade barriers, Temu(PDD) sooner or later would probably pose a big threat to Amazon. That being said, Alibaba is pretty cheap. As long as it can hold its E-commerce market share, it will provide huge returns for the investors. But Baba investors really need to follow PDD closely.
E really stands out, always ask irrelevant questions and give inappropriate examples and reasons compared to the rest. Was it planned to be like that 😅
Hmm idk why but still feels like a young punk, not knowing what he is doing . Even if the hk stocks goes up , can it rly outplace and outpace US stocks in the long run ??
Cheap crap is still crap lah...get out while u still can...if not, good luck to u 🤦♂ At least Master Leong has found a "co-captain" of his Baba boat lol
I really think Eric is a boy because he think too beautifully of US. I had lose all my previous investment in 2008 economy crisis in LB. US created the bubble and we ae the one got burn through our pockets
He is very naive. I would say, a bit clueless but best of luck to him. He has margin but no clue about leaps where u will only loose lesser. Even if one considers a bank personal loan, its cheaper. All in china. 😬
@@learninvestearnsave LQAI etf, the AI Fund mgr, just the right theme . QCOM the everything everywhere AI chip maker, AVNT; a special material that is 15 times stronger than steel but light enough to float on water. DD; the most important element in life n semiconductor manufacturing; water . Dupont filters used by many nation water treatment plants including Singapore.
@@learninvestearnsave LQAI ETF the AI fund mgr, Avnt material 15 times stronger than steel but light enough to float on water, bulletproof n automotive applications are enormous, QCOM the everything n everywhere chip maker, DD; the element of life n semiconductor manufacturing; WATER. it's filter is used by many nation water treatment plants including Singapore,
These guys are no doubt (like) intelligent and (like) educated but can they (like) invest in their English and (like) learn to speak properly ? I could not (like) focus as I needed to (like) mentally delete their (like) constant use of (like) “like” 😂. It is very (like) distracting, (right)?. Including their (like) bad grammar, (like) use of (like) lah, (like) right, (like) so etc etc. How did they (like) go through (like) school (like) speaking (like) like that ? I could not (like) continue this podcast much as I would (like) want to (like) gather their views, (right)?
The fact that the chinese market is going for lower prices with companies like Douyin, Kuaishou and little red book going all out to take market. The smart money would have been to divest out of Alibaba.. It's a zero sum game.
I appreciate Kiri’s approach. There’s plenty of times I’ve had my swing portfolio (holding anywhere from 3-12, maybe 18 months) in only 1, 2, or 3 stocks. It’s simply targeting and conviction. And it’s worked super well. Sure, i also hold a long term portfolio that’s about 20 stocks, but my active swings are never more than 5 plays. Good on him, as he clearly reads the fundamentals and has a strategy. 👍
IMO, diversification is not a display of lack of conviction but a very key part of risk management, together with appropriate sizing of each position. There’s no way one can predict black swan events, which can be exogenous or idiosyncratic. Hence, the only way is to size up the position properly such that if heads we win, tails we don’t lose much in aggregate.
well put! 👍
Thank you for having me 🥳
I feel the sharing lacks some punch. But putting yourself out in public like this is already an act to be applauded 🎉🎉
LEAPs vs Margin, one difference would be that dividends would not be credited for LEAPs compared to holding the equity on margin, so the dividends offsets the margin expense, Kiri is like a model tangible investor considering all the tangible factors(valuations,revenue,dividend payout ratio) and that there comes a time when price is too cheap and can overlook everything else, and Eric considers the intangibles(policies, future changes based on historic actions) and prefer not to get in to prevent being penny wise, pound foolish. Nothing wrong with either strategy. Good insights overall Thank you all for this sharing!
kiri sounds young and not very articulative, but following his calm and detail explanation and broad knowledge in answering tough questions really impressed me. He definitely know what he does than what he shows.
There is nothing wrong with being overly concentrated on a few stocks, if you are a trader. But the way that Kiri goes about this is just full of question mark. Being diversify in your stock holding selection is "a way" to lower your "downside" for your portfolio. But a simple stop loss limit on your stock holding would do just as well for your overly concentrated stocks as well. My problem with Kiri is he is quite bullish on alibaba, which I was as well. But instead of purchasing long dated option calls. He gets a margin loan at 6% (mtd;ytd)? I have had 55 long calls on Alibaba (entry price range $72-75); (exited $86 level) He has no risk understanding, but at least he is honest about it.
High risk high return. All in lets go
Nooooooo! 🙈
Woah nice Adam Khoo is here! Can we invite you to the podcast for the second time?
Sure
@@BoonTee lol
Adam you gotta knock some sense into this young guest... how can all in one stock (worst still CN stock)
@@lyingflatsingaporeeveryone needs to go through their own learning journey and baptism of fire
Kiri's approach does not consider all expect of the company and just mostly on PE values. Def not my kind of approach. I hold BABA but for so many other reasons. But then again, going all in when it is just 40k is totally okay versus a 200k portfolio.
Kiri fundamental analysis is very vague and general. Feels like he just got lucky.
Pure size is not a competitive advantage if it doesn’t bring with it local economies of scale. Kmart was 3X the size of Walmart in the mid 70s and look what happened over the next decade. The company that has a structural cost advantage should win.
If i must choose whether to invest in Alibaba or Tesla, it must be Alibaba. 💯🙊
Lesser of the two evils 😂
@@learninvestearnsave 🤣🤣🤣
There is nothing wrong holding two stocks . I myself do not over diversify . Problem most retail investors don’t understand being focussed will make more gains if you make the effort to find the right stock
Bro, you are not the only lone ranger rooting for BABA, the big short Michael Burry is also in the same boat :)
BABA entry at 78 is impressive. In the end, all valuation models are opinions, only price is fact. I assumed the target price for BABA was around 160-ish, based on what was said about BABA at 50% discount. Mathematically, an 80% allocation is taking a 50/50 chance for a 100% gain or 40% lost. So, the BABA bet is still within reason. But, the leverage and another China-focus stock in the pot is dubious imo. Perhaps the risk-reward justifies that, who knows.
Kiri was grilled so hard 😭
I think it's because his idea of investing is very different from what most investors think so they got curious and asked many difficult questions to understand him.
ya, ya. Like kena question by the US Senator or CCP.
@@kinboon3138 Are you Chinese?!
But he did well. More emotionally mature than some of the older guys in this interview.
@hgft274 I feel the same way, but my guy really only just looks at fundamental analysis, he doesn't take any other considerations
Super risky, imagine the gov announces some shit then it gap down pass your SL, or if u didnt set SL then also GG
From the interview, u didnt have a plan? when to get out?
He mentioned he will hold 5-10 years if baba is the remain stagnant, but may I know how much % interest for the margin leverage he is paying per month?
Assuming a conservative 5% per month, 1 year = 60%. 10 years = 600%.
After 10 years you will need the stock to go up more than 6x in order to start gaining.
Have he really think through about this? haha
Opps till end of video I just heard his margin interest was 6.1% actually.
I think this guy need help, he could just go doom one day if things go south.
The way he speak about baba just shows me that he is just investing on it base on FOMO.
600% I need to check with him if he is borrowing from loan shark
I just want to say it is really hard to judge the value of a company by just looking at the financial stats. As a Chinese, I would say very few people outside of China understands how strong and competitive PDD is. Alibaba's bigget threat is definitely PDD, and I wouldn't be surpised if PDD overtake Alibaba in terms of GMV and the E-commerce marketshares in china. All the other player like JD, Douyin wouldn't really influence baba's business that much. I actually would say that, if there weren't any trade barriers, Temu(PDD) sooner or later would probably pose a big threat to Amazon.
That being said, Alibaba is pretty cheap. As long as it can hold its E-commerce market share, it will provide huge returns for the investors. But Baba investors really need to follow PDD closely.
PDD is just the new wish, garbage products and hidden poor unit economics, it will fizzle out
E really stands out, always ask irrelevant questions and give inappropriate examples and reasons compared to the rest. Was it planned to be like that 😅
9/10 he clearly shows never do prep work or home work
富贵险中求baba😊
i see what you did there 😂
US also intervene in business like sanctions
sanctions a bit different from totally crashing an entire industry...is there any parallel to private education crackdown in China?
The us intervenes in literally everything. Imperialistic America
The Alibaba Bulls unite in this channel 🤣
LOL
Hmm idk why but still feels like a young punk, not knowing what he is doing . Even if the hk stocks goes up , can it rly outplace and outpace US stocks in the long run ??
Cheap crap is still crap lah...get out while u still can...if not, good luck to u 🤦♂
At least Master Leong has found a "co-captain" of his Baba boat lol
I really think Eric is a boy because he think too beautifully of US. I had lose all my previous investment in 2008 economy crisis in LB. US created the bubble and we ae the one got burn through our pockets
CN bagholders interview another CN bagholder.. 🤦♂️
Eric bought into anglo-media FUD
He is very naive. I would say, a bit clueless but best of luck to him. He has margin but no clue about leaps where u will only loose lesser. Even if one considers a bank personal loan, its cheaper. All in china. 😬
😂i all in dbs seen covid..
Not thing wrong with all in.
congrats!
financial nihilism. it is the way of our generation.
This baba ppl hv absolutely no imagination...all they can think of is e-commerce. Hiya
share your bright ideas pls!
@@learninvestearnsave LQAI etf, the AI Fund mgr, just the right theme . QCOM the everything everywhere AI chip maker, AVNT; a special material that is 15 times stronger than steel but light enough to float on water. DD; the most important element in life n semiconductor manufacturing; water . Dupont filters used by many nation water treatment plants including Singapore.
@@learninvestearnsave LQAI ETF the AI fund mgr, Avnt material 15 times stronger than steel but light enough to float on water, bulletproof n automotive applications are enormous, QCOM the everything n everywhere chip maker, DD; the element of life n semiconductor manufacturing; WATER. it's filter is used by many nation water treatment plants including Singapore,
These guys are no doubt (like) intelligent and (like) educated but can they (like) invest in their English and (like) learn to speak properly ? I could not (like) focus as I needed to (like) mentally delete their (like) constant use of (like) “like” 😂. It is very (like) distracting, (right)?. Including their (like) bad grammar, (like) use of (like) lah, (like) right, (like) so etc etc. How did they (like) go through (like) school (like) speaking (like) like that ? I could not (like) continue this podcast much as I would (like) want to (like) gather their views, (right)?
Applaud your effort 👏
The fact that the chinese market is going for lower prices with companies like Douyin, Kuaishou and little red book going all out to take market. The smart money would have been to divest out of Alibaba.. It's a zero sum game.
Another huge bag holder lmao
you need it to be qualified for the pod 😆
He doesn’t qualify as a bag holder. His position is in the profit
阿里巴巴是從我的企業数据主流发展的、所有進入阿里巴巴的股市是帮他负债还我的损失数据财务？