Heeding Gramps Warren Buffett's Advice as Stock Markets Worldwide Face a Fluctuation This Late 2023

I was checking on GInvest and I'm not surprised that the ATRAM stock investments have gone down. I checked my current portfolio and things went down. I was tempted to panic-sell until I recalled Grandpa Warren Edward Buffet's advice. It's sad that business schools, based on my experience, never taught students how to invest in stocks properly, not even the business schools. It's a good thing that Buffett himself speaks in such a way that I can understand it. I may not be the Oracle of Cebu City (nor do I intend to). I decided to Google Warren Buffett again for advice. I might need to buy a book by Buffett though before I can continue this project.

The article (from Yahoo! Finance) I found was written last October 23, 2010. Here's some advice that I should heed instead of social media gossip:

But numbers are only part of the equation; Buffett also emphasizes the human element in investing. As he stated in his interview, "Some people should not own stocks at all because they just get too upset with price fluctuations. If you're gonna do dumb things because your stock goes down, you shouldn't own the stock at all."
This advice shows that emotional resilience is as crucial as financial acumen when it comes to successful investing. Buffett advises that potential investors should educate themselves and treat their investments as long-term business partnerships to better weather the market's ups and downs.
Buffett challenges the age-old belief that a balanced portfolio should include a fixed percentage of stocks and bonds. He contends that if someone is emotionally unable to deal with stock market fluctuations, perhaps they shouldn't be in stocks at all, no matter what conventional wisdom or financial advisers might suggest.

I was really laughing when I read through all the comments last year when the Philippine stock market turned red. It's a good thing I decided to listen to Buffett than the social media gossipers (read here). It's very easy to dismiss my blog because Blogspot. That's pretty much an Ad Hominem. I don't think I'll impress the social media gossipers if I move to WordPress (which I think has issues such as poor security for a website domain) and get a domain. They'll still dismiss me because they'd probably rather believe the likes of IBON Foundation instead. I write articles to impress the fools. I write articles to improve myself as a person and to share knowledge.

In 2022, there was also a bear market. I ended up getting into a CNBC article (last 2022) which has the advice of Buffett (and the late Grandpa Jack Bogle) would give this advice:

While many investors saving for retirement may be wondering what to do in such a tumultuous market, Warren Buffett has said the answer is simple: Try not to worry too much about it.
“I would tell [investors], don’t watch the market closely,” Buffett told CNBC in 2016 during a period of wild market fluctuations.
The Oracle of Omaha added that investors who buy “good companies” over time will see results 10, 20 and 30 years down the road. “If they’re trying to buy and sell stocks, they’re not going to have very good results,” he said. “The money is made in investing by owning good companies for long periods of time. That’s what people should do with stocks.”
Many experts, including Buffett, also recommend buying index funds, which are automatically diversified and hold every stock in an index. The S&P 500, for example, includes big-name American companies like Apple and Amazon.
Like Buffett, the late legendary investor Jack Bogle also recommended a buy-and-hold strategy. He previously told CNBC that buying stocks and holding them was the best way to invest because “your emotions will defeat you totally” if you try to sell your holdings to avoid losses and get back in afterwards.
“Stay the course,” Bogle said in 2018. “Don’t let these changes in the market, even the big ones [like the financial crisis] … change your mind and never, never, never be in or out of the market. Always be in at a certain level.”
For most investors, trying to react to market trends is likely to backfire, financial experts tell CNBC Make It. It’s better to wait out the market’s ups and downs.

The very advice of Buffett and Bogle, both grandfathers, would be not to get too attached to the fluctuations. Right now, I even am saying, "Sink! Sink!" while crybabies are posting stupidity on Facebook, Twitter, etc. I recently added some money into the ATRAM Global Equity Opportunity Fund (read here) and there's a dent. For me, the dent is good news because if the NAPVU goes lower--I'd be able to get more shares in global stocks. Thematic investing is the style of what I've recently entered. Just think of the "irrationally low prices" that will be periodically attached to good businesses like these:

If I continue to add in more money (though I also still plan to add more money into the other funds I have recently), I would get "irrationally low prices" from companies like Apple, Google, and Microsoft to name a few. It would also mean that I'll get theme allocations depending on where the stocks would be good to invest. I didn't invest a certain sum today hoping it'd become a PHP 1 million tomorrow. It would be good to get into these solid companies. That kind of attitude is why people end up gambling instead of investing. Some might be trying to get rich quickly using cryptocurrency, only to find out that the promises are too good to be true.

I'm currently expecting a big crash could happen based on Facebook comments. There was a crash in the Philippine Stock Market because of panic selling (read here). I was just laughing thinking about it, "Oh well, more for me!" I could laugh evilly thinking about the irrational move. I ended up buying some extra units in an index fund. Maybe, I'll get more units in the ATRAM Global Equity Opportunity Feeder Fund. It's going to be another opportunity.

As Buffett says, "If there's blood on the streets, buy stocks."

When the Education Cares TOO MUCH About Grades, Schools Produce Idiots Instead of Intellectuals

During the pandemic, I was left in limbo thinking about my poor performance under K+10. It was something to think about that a classmate of mine who was both a summa cum laude and an honor student, ended up posting on his wall, "Students cheat because the education system cares more about grades instead of learning." The class salutatorian of our batch even commented about the good old days. I always had that feeling of insecurity and envy towards people better than me. But as Warren Edward Buffet would say, "Don't hate successful people. Learn from them instead." One of them is currently a teacher and the other is in Canada. I thought about my insecurities especially when I used to believe I was descended from a fine scholar and my family was a family of scholars. I remembered the time I was taking MBA and got conned. I was asked, "Is that what MBA taught you?" I got touchy and ended up admitting, eventually, that I was only taking MBA for the presti...

My Thoughts on the NOT So Surprising Downfall of "Axie Infinity"

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Piracy is Almost Impossible to Defeat Thanks to the Filipino First Policy

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Getting Nuts About Standard Chinese, By Learning About the Chinese Names of Nuts

Hanbridge Mandarin In pursuing the need to teach Mandarin Chinese, it's important to deviate from the old-fashioned Chinese language education (read here ). Instead, we need to get people interested in basic vocabulary. This would be a good exercise to learn from basic sentence making and conversations. Here's an example of what's called bon toi back in my day. Let's think of learning Chinese through nuts. Question: 你想要巴西坚果、核桃、杏仁还是腰果? (Nǐ xiǎng yào bāxī jiānguǒ, hétáo, xìngrén háishì yāoguǒ) Translation: Do you want brazil nuts, walnuts, almonds, or cashews? Answer: 我想要杏仁，非常感谢. (Wǒ xiǎng yào xìngrén, fēicháng gǎnxiè.) Translation: I want to have almonds, please, thank you very much. However, there's a mistake in the chart because the coconut isn't a nut. Instead, it's a coconut fruit of the coconut tree, of the coconut palm family. The song was written by Filipino musician Ryan Cayabyab. Now, it's time to enjoy learning Chinese through learning about n...

The STUPIDITY of Insisting that Equity Restrictions in the 1987 Constitution of the Philippines Exist for "National Security"

As the call for economic charter change goes on, I feel the need to educate some people with common sense . I'm reading comments on Facebook that 60-40 (or any similar ownership restrictions) is for the "security of the Philippines" or that certain sectors can't be allowed 100% ownership on the part of the MNC. Once again, do I need to remind people for the nth time that 100% FDI ownership is all about share ownership ? Sadly, many Filipinos misunderstand what 100% FDI means (read here ). What 100% FDI ownership means is that MNCs don't need to look for a Filipino partner, only to be burdened with having to give up 60% (or more) of the net profits after taxes and they only keep 40% (or less). That's why I called such an arrangement as overpriced rent (read here ). Some of these people I ran into on Facebook (of all places) are too beholden to Atty. Hilario G. Davide Jr. It was last 2018 when Davide Jr. also said that the Philippines may become a "colony ...

My Experience with Pyramid Scams in College Up to Present

Often, a pyramid is often confused with a Ponzi scheme. Both are illegal schemes but there's the difference. A pyramid scam emphasizes on recruitment and selling of products. A Ponzi scheme guarantees high returns for short periods. Both operate similarly but scam people differently. Both should be shunned and be considered defective baskets. I remembered my college days at the University of San Carlos-Main Campus (USC-Main) when I was still a newbie with money. It sucks really when high school didn't teach us financial literacy and people seemingly need to take commerce to do so. One of the biggest scams that hit even graduate school students was the pyramid scam. Even worse, some of those who got suckered with ongoing financial scams were graduate school students of the School of Business and Economics! The Investor.gov website from the United States of America (USA) would tell us these are the hallmarks of a pyramid scam: These are some of the hallmarks of a pyram...

How I Believe the Public Service Act of 2022 Will Benefit the Philippine Business and Economic Environment

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"Filipino First Policy" Has NO PLACE in the Rising Asian 21st Century

I guess nobody saw the Asian 21st Century coming, right? China was once a poor nation but look at it now. Vietnam was once a poor nation but look at it now. Singapore was once a poor nation but look at it now. The late great Lee Kuan Yew wrote his book From Third World to First . I'm afraid some people have been using it to go against the presidency of Ferdinand R. Marcos Jr. while ignoring what else Lee Kuan Yew had to say. Lee Kuan Yew described the Filipino press to be rambunctious on pages 304-305 which I agree. I'm afraid that the Filipino press may have had a hand in getting rid of any economic or political reforms that could help the Philippines. Yet, one policy has been holding back the Philippines for decades and yes, it's the Filipino First Policy . Reviewing the Filipino First Policy and why it has no place in the rising Asian 21st century I remembered how the values education subject taught Carlos P. Garcia's stupid Filipino First Policy as a Filipino value...

Bacolod Sugarcane's Industry and Its Massive Business Opportunity with Japanese and Taiwanese Investors

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