investing 101

as some of you may know... i am into investing. specifically stocks investing.

and well, starting off as a noob, i am always more than happy to listen to 'old wise men' share their five cents worth on this subject matter. thus, when my dad's uni friend, uncle choo, and i started dicussing shares and counters over caesar salad and banana bread yesterday, i was more than keen to milk some advice from him.

never did i expect that the best piece of advice he shared with me was given to him by my very own daddy years ago.

ok. for all you noobs like me. this is the secret in investing 101. years ago, my dad was the CEO of SEMAC - for all the ignorant out there, that's the rubbish collection/disposal company which the govt privatised in around 1998 (prior to take, my dad was with the ministry of environment). i think it has been subsequently renamed SembWaste or something to that effect. as head rubbish man, so we say, my dad therefore knows quite a fair bit about people's unwanted stuff - who knows, he may sieve through them himself.

anywho. as a result, my daddy, the head rubbish man, devised his own theory - it goes something like this. "orhhhhh, xxx company is chucking out so much shit, this means the company is expanding/producing at full capacity, this means good news, go buy xxx company counter!" similarly, "wah lau, xyz company has no shit, must be something bad happen. no business, no investment, bad news. better avoid, later lose money!"

moral of the story: in all aspects, the amount you shit indicates your inner health/wealth.