I was searching on google for some small cap stocks on SGX and came across this article.
This article is a good illustration of the problem in investing.
The winner won Invest Idol on the basis of
a) A concentrated pick (2 stocks)
b) Focus on growth stocks
c) Margin of Safety approach
d) Great presentation
The two picks were Lum Chang and Falcon Energy.
Below is the performance till date
A 15% decline in portfolio value.
In short, it just proves that investing is not a game.
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures