12 Jul '12, 7am

Follow the crowd

Follow the crowd

Follow the crowd by Jared Seah on July 12, 2012 I read the Straits Times with admiration and envy how some young Singaporeans were quitting their well-paid corporate jobs to join internet start-ups. Similar stories were repeated in the next weeks. You can feel the buzz in the air! Six months later, the Nasdaq dot-com bubble crashed together with the blue-eyes dreams of many… That was year 2000. I’ve never liked crowds. I prefer watching movies in half-empty cinemas. I definitely would not queue for hours for that “popular” brand of bak-kua or wait 20 minutes for that “famous” hawker food. I just make do with the next best alternative. Most of the time, I can’t taste the difference anyway. When I make my core equities acquisitions, I prefer to do it when crickets are chirping. Often when I find a company I like, I would do a quick scan to see if any sell-side analysts have ...

Full article: http://thefinance.sg/2012/07/12/follow-the-crowd/

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