Trying to time the markets is hard enough for the professionals. Specially when much of the short term price movement is heavily influenced by the algos. For the past few sessions, there has been forced selling by many funds for redemptions and at times when markets are up, shorts are covering.
A better approach is to value the business by understanding it and buying only when Mr. Market is in depression and is offering an attractive price. I understand that most people don't have time to do it or they simple don't want to put the effort to go through hundreds of pages.
Many of the big names in the indexes are still not yet attractively valued. But yes, there are attractive investments to be made in this environment if you've a long term horizon. Like AerCap, Capri Holdings, Swire Class B, Malaysia Airport, Tosnet, INFOvine, Charle, Tianneng Power, HK Economic Times, Lung Kee, Sun Hing Vision, Kanamoto, etc.
I don't want SFC spooking around in this forum. So just a disclaimer. I am may have long or short positions in all of the names that I have mentioned. This is not an investment advice. Please do you own research before you buy or sell anything. | |
