Storm_Bringer
liked and commented on
$Grab Holdings(GRAB.US$ Singapore contributed more than 50% revenue. Any surprises? Temasek backing. By unfairly starving competition (Gojek, Tada, Ryde) and allowing Grab to indulge in predatory pricing, while they underpay drivers.
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$Grab Holdings(GRAB.US$ Biggest economies in the world by 2024, GDP PPP per IMF prediction.
Long term bullish
Long term bullish
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singapore population is only 0.9% of the entire ASEAN region, n it actually derived 50% of its revenue from the smallest state... not a 400 million indonesia. very puzzling about the claim that it is the biggest ride hailing in south east asia...mayb the chart is wrong...hehe, even comfortdelgro revenue is more than 1billion.
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$AMC Entertainment(AMC.US$ What I really want to see is some innovation with ticket stubs. A decent investment should be considered in digitizing these stubs. They just end up lost in my pocket, creating awkward moments with the highschool kid at the ropes.
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$Tesla(TSLA.US$ $988 the train is leaving the station. last call
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You should not have a personal mandate on how many stocks you hold. You will restrict what you can do.
Imagine you tell yourself to only hold 10 stocks. One day another stock suddenly become a great bargain what will you do? Liquidate an existing stock just to add this bargain? When that liquidated stock could be a bargain as well.
Instead, another way is you could add this great bargain too to your portfolio (if you have spare cash). Then have a plan after that to trim holdings maybe? Like if it run up 50% with no apparent reason can consider to sell and add more to your current holdings.
The thing is, don't be jealous about those people who all in on one stock and it become a multi-bagger. There are a lot of people who did the same but see their holdings get wiped out. Most are no longer on this forum also anyway since once you wipe out your money you are unlikely to continue investing anymore.
If you throw all your money into one stock but lose sleep then its not worth also. Definitely if you diversify more then your overall portfolio will only be at best growing slowly since if one stock suddenly run up your overall portfolio gets pulled back by the laggards. But at least its steady?
Always remember to DYODD....
Imagine you tell yourself to only hold 10 stocks. One day another stock suddenly become a great bargain what will you do? Liquidate an existing stock just to add this bargain? When that liquidated stock could be a bargain as well.
Instead, another way is you could add this great bargain too to your portfolio (if you have spare cash). Then have a plan after that to trim holdings maybe? Like if it run up 50% with no apparent reason can consider to sell and add more to your current holdings.
The thing is, don't be jealous about those people who all in on one stock and it become a multi-bagger. There are a lot of people who did the same but see their holdings get wiped out. Most are no longer on this forum also anyway since once you wipe out your money you are unlikely to continue investing anymore.
If you throw all your money into one stock but lose sleep then its not worth also. Definitely if you diversify more then your overall portfolio will only be at best growing slowly since if one stock suddenly run up your overall portfolio gets pulled back by the laggards. But at least its steady?
Always remember to DYODD....
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This stock $Rivian Automotive(RIVN.US$ continue to rise, but i decided to sell and enjoy my weekend~
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Storm_Bringer OP B Kim : Coz no other work mah…get fired after 40, take up driving
Storm_Bringer OP sky2210 : More like a weekly income!
Storm_Bringer OP : Let’s do the math. Average trip income $15. To make $900 you would need 60 trips. Average trip time 15 minutes (that’s super tight mind it, in reality it’s more like 30 minutes). So that is like 15 hours of driving. Unsustainable. Think again when people make claims like that.
Storm_Bringer OP sky2210 : None taken bro! As I have pointed out the math doesn’t work. Well…at least not for long term
Storm_Bringer OP bbparker : Grab did not set up the business to “help people”. If they wanted to really help then they would be offering free rides to needy commuters when the MRT lines go down, instead of charging $40 for a ride that would normally cost $8