iCapital: As Long As There Is Result, You Should NOT Question
Friday, July 3, 2009
The following comment is from Are My Comments On iCapital Overdone?
Factory said...
- As an investor, what matters most to them is returns on investments.
If TTB can outperform the market, who cares what mistakes he makes? Who cares whether he explains his decisions or not?
Whether he is right or wrong, results show that it's better to put your money with him than to invest in mutual funds, unit trusts, KLSE etf and maybe yourself??
Bottom line is Show Us The Moola!
Do you prefer a fund manager who explains all his decisions to you yet lose money consistently or one who doesn't explain anything but makes money every year??
But it's good to have ppl like you who discards the rose because of its thorns, so others can enjoy the beauty of the rose.
Well as long as you are happy, who am I to question you?
That's your views and I would be more than happy to accept it.
Serious. :)
It's your right of opinion.
But as long as iCapital.Biz is a public listed entity, I believe I have the right to POINT out all the mistakes he makes and as long as it is a public listed entity, it is ONLY correct that he address this issue by explaining to the shareholders and the investing public. By NOT doing so only reflects so poorly on the integrity of the fund and TTB himself.
And this is my flawed opinion and no matter how flawed it is, it's mine and it's my right of opinion.
Your last comments.
- But it's good to have ppl like you who discards the rose because of its thorns, so others can enjoy the beauty of the rose.
LOL! Getting rather personal eh?
Why would you care what I think?
I am a nobody.
Unless of course you care because there is so much truth in what I have been addressing about iCapital.
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edit:
I was just thinking about it after posting. Let me share what I was thinking. Yeah if you do not agree, you could always drop your comments.
Anyway, is the end result all that matters?
For example how about our schooldays.
Some parents feel that results is all that matters in school. Get your As. Get your top of the school, get your top of the class finish. Then the parents are happy in regardless.
Yup, in regardless of what the kid does in school
In which, lies the other side of the coin. Is it important how the kid achieve the results?
Is it ok to have a kid who grows up getting all the results but behaves like a jerk?
Have we not seen this happen?
And isn't this the same with making money? Sorry for sounding naive but is making money the one and only objectivity in life?
For some it is.
But there are some who feels that there are more to life than making money.
Money does not buy happiness and happiness does not buy money either.
Cheers!
And many thanks for reading my mumbling.
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ps:
Ever wonder why there exist Quarterly Earnings and why there exist Annual Reports for public listed entities?
Don't they exist because they represent information for the shareholders and potential investors?
Or should public listed companies act like iCapital and insist that just because they make money, they do not have to explain anything to anyone?
Won't these reports makes no sense if these listed companies have just a sales and profit number?
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