happy valentine's day

Happy valentine's day to everyone!!! :) as of this very moment there is a very intense debate in financemanila and the topic being which is better technical investing or value investing. :) well its been a lively discussion the last few days and all i can say is that(just like in this popular ad a few years ago “kung saan ka masaya te supportahan ta ka!”(wherever you are happy i will support you). :) you dont have to follow a successful investor's style but just get bits and pieces of it. I say this because when you practice a particular style you have to be really comfortable with it because there is no perfect style or system. All systems have its advantages and disadvantages also so you should be able to take its downside to be able to appreciate its upside. :) doesnt this sound so familiar??? its as if im talking about a girlfriend or a wife but i believe that it is really true. :) being a value investor can you withstand a 20% or 30% drop in your portfolio??? sometimes you have to stomach it for you to be able to enjoy long term gains. :) so whats new?? nothing much but i have been extra busy the last two weeks... i was in manila with my father for work and we also consulted our financial advisor and thank goodness we agree on most points. :) the philippines is doing well and will continue to do so in the next few years even with the us downturn. :) but we agreed that the selling of government assets is not sustainable so the next president will really have a problem with this. Tsktsktsk we also talked about asset allocation of one portfolio but this is one whole topic altogether. :) we also talked about real estate prospects here in the philippines in the next decade. :) we expect the real estate sector to do well because of the low interest rates businessman will be forced to get their money out of banks because they would rather put it somewhere else that could give them a better return on their capital and real estate and financial markets would be a good choice and maybe you could also include currencies. :) we also talked about a university being a great business because it incorporates a good business and then real estate. :) even the taipans agree with him. :) henry sy being the second biggest stockholder in far eastern university and he is also offering to buy this school which i cannot mention as of the moment and also lucio tan also now owning university if the east. :) last february 1 the headlines of the philippine star was the philippines record growth. :) i believe a big factor of this was played by our present environment of low inerest rates. :) we will survive and do well in the next few years i believe because asia now is more mature and will be able to take all the bumps and bruises. :) but dont take my word for it. Continue to do your research and then buy great companies at great prices. :) good luck :) God bless :)