My Publicized Personal Journal

Cuman mau ngasih tau kalau semua oret-oret tentang investasi akan dipajang di http://ihedge.wordpress.com/

Jadi, karena di blog ini pernah janji mau nulis sesuatu ttg investasi, janji itu dipindahkan ke blog yang baru.

Cheers!

Aku sedang berusaha mendapatkan arti dari rangkaian kata-kata yang baru kau tulis.
Sebelum kutanyakan langsung nanti.

Kenapa bahasa yang seharusnya menjadi perantara antar kepala terkadang menyita kita.
Apa yang ada di kepala tak sepenuhnya sampai di mulut ataupun di tangan. Apa yang ada di telinga ataupun di mata tak sepenuhnya sampai ke kepala lain.
Itu belum termasuk apa yang akhirnya sampai di perasaan. Ntah perasaan itu ada di otak atau di hati.

~ suatu kisah yang terlambat.

Buat yg pengin liat price charts dan updated tiap hari:

Logam

Mata Uang

Sayang blog frienster ini gak bisa menampilkan gambar dengan mudah.

Can we beat the market consistently over a long period of time? I define beating the market as producing higher percentage returns compared to commonly known market benchmarks such as the SP500 for US market or the JCI for Jakarta market.

Facts:
The benchmark indices (SP500 or JCI) are constructed to mimic the peformance of all stocks included in those indices.

By construction, the market performance reflects the average performance of all stocks included.

Issues related to the construction of market benchmarks will be discussed later.

Academic Views:
The bulk of financial literatures suggest that the market is highly efficient in such a way that NOBODY can consistently beat the market over very long period of time. Those who did, they say, were just lucky.

This notion of market efficiency were the one responsible for the growth of exchange traded index funds (ETFs).

My Views:
As mentioned before, the market performance is tied by the rule of averages.

I could not find compelling reasons why nobody could consistently outperform the averages. History has shown that they are successful traders and investors. Warrent Buffets, George Soros are among the more well known ones. I believe that it is safer to attribute their stellar performances to skills rather than lucks.

So what skills do we need to beat the market?
In my point of view, there are at least three skills to master:

1. Market Timing
2. Assets selection
3. Position Sizing

If we can master at least one of them and do not screw up on the other two areas, I believe we can already beat the market. If we can master the three, that is amazing.

The market is constrained on all of these three areas:

1. The market, by definition is always there. It can not choose when to get in and when to get out.
2. It also include everything that has already been choosen to form the market. Of course, some major indices like the SP500 select and deselect its components every now and then. But we need more than that.
3. The importance of each stocks in the market is also rigid and set in advance.

Every investors will always be confronted with these questions: Should I get into the market now? Which markets? Which assets or stocks to choose? How much of my capital to put in?

We shall discuss these three key topics later. I am still learning. So let’s learn together.

Black and white are my favourite colours.

Many of my long pants, shirts, and even T-shirts were black. 
My purse is black. My spectacles is always black.
I want to own a black Lexus some day.

Black, to me, is mystical. It is also elegant.

My uniforms shirts were all whites. <by law, except for Pramuka uniforms>
I want to buy a white Apple some day. <But not now. Windows systems are much more value for money>

White, to me, is pure. It is also elegant.

I am often mesmerized by people whearing all blacks or all whites outfits! <provided they are good looking in the first place :P>

When I came to Bali… I was delighted to see the square black and white patterns found on their clothes. It can be easily seen on Balinese temples, dancing costumes, and restaurants.

From now on, I will create 3 different sections on any post under
investing category: introduction, facts, and views.

Why? Because there
are so many myths/believes/philosopies about investing out there but
few known facts. We shall try to differentiate them.

Accept the facts. Question all others.

Introduction
Sometimes we hear people suggesting us not to trade in the first 30 minutes. Why is that so? Is it a good suggestion?

Facts
<work in progress. I plan to show some graphs.>

Views
<work in progress>

Apa yang akan kamu rasakan ketika seseorang bermain piano untukmu, hanya untukmu?
Apa yang akan kamu rasakan ketika seseorang berjanji untuk suatu saat nanti bermain piano untukmu, hanya untukmu?

Begitu indah bukan?    

banyak orang yang males datang kerja di hari senin. tapi sepertinya hal ini nggak terjadi padaku. Justru sebaliknya. Menanti2 datangnya hari Senin.

Bukan karena aku workaholic, tapi karena suatu alasan lain yang gak lazim.. hehehe…

Lopubabi

Currently listening to the instrumental music which came with the book you gave me recently.

Do you know that I have never ever finished reading a novel in a couple of hours, except this book?

I started reading while having dinner. Then as the place was getting more crowded, I moved to the park and continued reading, accompanied by the sound of water splashes from nearby fountain. After the sky was getting darker, I left for the bus stop… reading under the lamp… Then reading while standing in the bus… while walking home… while laying on my bed. Reading till the end of that fascinating story.

Thank you.

Hanya keindahan yang masih murni
Hanya keindahan yang masih memiliki nurani
Menyerah pada keindahan, bukankah itu manusiawi?
Hanya keindahan yang tak perlu dimusuhi
Page 27.

Kaulah yang terindah