http://finance.fortune.cnn.com/2012/03/ ... ames-wang/
James J. Wang, Oceanstone fund
Moderator: Global Moderator
James J. Wang, Oceanstone fund
I feel like I'm reading about the next adventure of Bond, James Bond. An adviser that doesn't talk to anyone... a fund that posts triple-digit returns... fund shares sold by application only...
http://finance.fortune.cnn.com/2012/03/ ... ames-wang/
http://finance.fortune.cnn.com/2012/03/ ... ames-wang/
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
- Talmud
Re: James J. Wang, Oceanstone fund
BS detector redlining!
Normally, these steller performances are followed by an abrupt cold spell.
Who knows, though, maybe when it comes to investing he just really has the wang of it.
Normally, these steller performances are followed by an abrupt cold spell.
Who knows, though, maybe when it comes to investing he just really has the wang of it.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: James J. Wang, Oceanstone fund
Three years from now no one will remember this dude. How many times have I seen this movie?? Answer...too many.
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MachineGhost
- Executive Member
- Posts: 10054
- Joined: Sat Nov 12, 2011 9:31 am
Re: James J. Wang, Oceanstone fund
My B.S. detector isn't redlining, but my Inexperienced detector is!MediumTex wrote: BS detector redlining!
MG
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: James J. Wang, Oceanstone fund
I love the equation Wang uses the calculate the intrinsic value (IV) of a stock based on earnings (E):
IV = IV/E x E
That's almost as profound as 1 = 1.
IV = IV/E x E
That's almost as profound as 1 = 1.