Real View Will
I am a HIP (hidden, inactive and passive) member. I had looked for any suitable activity, so I attended the gathering last Saturday. There were three guests to talk about investment in personnal opinions instead of standard words. This is the irreplaceable value of a private gathering.
The first guest was a broker. He began with introduction of investment theories. In his opinion, investing in stock is like multi-level marketing. When a stock releases, an investor buys and introduces it to another. The second investors buys it and the stock price increases. And so on, until no following investor buys it to support the stock price and the price drops. This figure simply explained the relationship between the cash flow of the market and the stock price.
The second guest was a reporter. Being a reporter, he has experienced many issues under table. He identified unstated relationships amongst various parties such as the authories, the academics, mass media, institutional investors and small investors. He suggested that because of asymmetric information, small investors are the most vulnerable but the most flexible. Small investors should collect and analyze information as much as possible and adjust their own strategies quickly to adapt the market trend.
The third guest was a director of a finanical advisor company. He is really an optimist of the China market. He said that he had misunderstood the China market, even though he had studied a lot of communist books, until he entered the market a few years ago. The operations of the China market were totally different from that of Hong Kong and the western, so many western theories could not be applied in the China market. He thought that the China market, which was energetic and kept improving, should be our main focus. Hong Kong youth should take this opportunity to develop their career in China.
The guests expressed their own opinions by their experiences. Normal people think of the ideal world with clear and fair rules, yet the real world is foggy and contradictory with theories. Anyway, we take it easy. The gathering was relaxing as well as full of philosophy.
The first guest was a broker. He began with introduction of investment theories. In his opinion, investing in stock is like multi-level marketing. When a stock releases, an investor buys and introduces it to another. The second investors buys it and the stock price increases. And so on, until no following investor buys it to support the stock price and the price drops. This figure simply explained the relationship between the cash flow of the market and the stock price.
The second guest was a reporter. Being a reporter, he has experienced many issues under table. He identified unstated relationships amongst various parties such as the authories, the academics, mass media, institutional investors and small investors. He suggested that because of asymmetric information, small investors are the most vulnerable but the most flexible. Small investors should collect and analyze information as much as possible and adjust their own strategies quickly to adapt the market trend.
The third guest was a director of a finanical advisor company. He is really an optimist of the China market. He said that he had misunderstood the China market, even though he had studied a lot of communist books, until he entered the market a few years ago. The operations of the China market were totally different from that of Hong Kong and the western, so many western theories could not be applied in the China market. He thought that the China market, which was energetic and kept improving, should be our main focus. Hong Kong youth should take this opportunity to develop their career in China.
The guests expressed their own opinions by their experiences. Normal people think of the ideal world with clear and fair rules, yet the real world is foggy and contradictory with theories. Anyway, we take it easy. The gathering was relaxing as well as full of philosophy.
Comments
so any tips?
No tips, just personnal sharing. That 's why the gathering is valuable.
You're more professional than I, so you'd know more about it. Any tips?
I wanted to attend some talks but the time slots don't fit. Wasted the membership fees :(