Dear Friends,
My mentor Mr Hu Li Yang, is interviewed by Sharesinvestment recently. An article is written on the interview.
http://www.sharesinv.com/articles/2013/04/30/hu-li-yang-cautious-about-stocks/
A glimpse of his views on the stock market now:
"He advises investors who are determined to invest, that stock markets
are known to suffer from panics at least twice a year. During such
panics, people will dump stocks and these stocks can drop to a level
that is below its fundamental valuations. During such a time, investors
should act and pick up such stocks at a bargain price.
Towards the end of our short interview, Hu advised me to make it
clear to readers that now is not the time to speculate and gamble. Greed
is not something that is good to have at this juncture."
Rgds
Daniel
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