DBS Triple Happniess Fund. Trouble again?

maurizio13 SG

My friend was screaming at you when she read this post of yours. "Who are u to question Buffett's decision! Do you even invests for a living yet!" Haha =)

Precisely being a shrewd investor, I sure he understand the odds of success sufficiently to invest in Goldman, rather than politically motivation.

Today the Dow Jones Industrial Average (DJIA) dropped to a 5 year low of 8,579 from it's once lofty perch of 12,000. When Warren Buffett invested in Goldman Sachs, the DJIA was above 11,000, now it's only 8,579.

So what does your friend think of Warren Buffett investment decision now?

redDUST SG

So what does your friend think of Warren Buffett investment decision now?

the sage of omaha won't even flinch over what happened last nite. he's not in it for yesterday or next month, or even next year.

edit: just as he didn't jumped for joy when he made a >US$700m gain within hours of investing in GS.

maurizio13 SG

the sage of omaha won't even flinch over what happened last nite. he's not in it for yesterday or next month, or even next year.

edit: just as he didn't jumped for joy when he made a >US$700m gain within hours of investing in GS.

So is ST Telemedia with Global Crossing.

Like they say in economics, in the long run we'd all be dead.

There is always a time for everything, while you may not have the perfect timing, it won't mean certain death but just a lesser existence.

My take is, he made a premature entry, but it's still a fair bet, much better odds then when Temasek invested in Merrill Lynch in December 2007.

redDUST SG

So is ST Telemedia with Global Crossing.

Like they say in economics, in the long run we'd all be dead.

There is always a time for everything, while you may not have the perfect timing, it won't mean certain death but just a lesser existence.

fair enuf, but in truth warren did delivers. and contrary to beliefs, he did offload on gains.

warren's investing philosophy goes beyond just length of time or longevity of holding the stocks, so this single dimensional discussion on the merit of stock holding timeline is meaningless when discuss in isolation.

whoohaha SG

i am having the same problem too. should i withdraw from the DBS capital fund ? i lack confidence in the fund

maxtor SG

i am having the same problem too. should i withdraw from the DBS capital fund ? i lack confidence in the fund

Hi, i have checked the last price of the DBS Triple-H fund. It is currently standing at 0.9223 (based on today's price). This means that if you had bought in at $1, you will suffer a $0.0777 loss for every dollar invested. Which means if you had invested $10000m, your loss would be about $777. this amount is exclusive of transaction cost, admin cost etc.

IMHO, if taking a 10% loss helps you sleep better at night, i would recommend you take it. To help your decision making process, you might want to ask yourself whether you are willing to buy into the fund during this turmoil at this price ($0.9223). If the answer is no, then i think you have got yourself a decision.

maurizio13 SG

Last time triple happiness, now become triple divorce plus alimony.

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