(4/16/2013) YSYB Accredited Investors 12/31/2012 YSYB 10K, page 30:
Accredited investors = (generally institutions with assets in excess of $5,000,000 or individuals with net worth in excess of $1,000,000).
If you're NOT at least worth ONE MILLION DOLLARS in net assets of value, you may be out of your league investing in (LONG VALUE START-UP CHINA MICRO-CAPS like YSYB; especially using short term methods of get-rich-quick expectations.
Since China is still recovering from the worldwide 'Great Recession', it may be 2-3 more years until recovery of their markets; which are timed very differently from any USA recovery already progressing here. On the other hand, it may be tomorrow or never. No one knows when any China recovery will happen, but deeply positioning for it is wise if you believe in YSYB as we do with 100% confidence of convictions. We may be 100% wrong too. That's a personal decision for you yourself to make using your own research due diligence. Suit yourself!
Neither Beyoncé nor YSYB has me on speed dial. But YSYB is an undeniably huge Long Value conglomerate now that's easily recognized as growing with rapid expansion. All we really have is the last 10K for 2012; unless you put faith in Non-Gmo factual news & their interesting website. That's overwhelmingly great news, no doubt.
Fear in others is an opportunity for you!
It’s been an ideal period for investors since 2007: A climate of fear is your best friend. Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance.
Keep your head about you when others decide with fear & you’ll find value at every turn. From the common market thrashing over quarterly earnings, to the small business owner who just wants to get out, learn to notice fearful pessimism & welcome it as an opportunity.
The irrational fear of the herd is a dear friend to the value-minded investor. When everybody else stampedes, quickly work through your own fear, find your courage & get back to LONG VALUE businesses.
Who says?
"The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
Managers currently opting for lower equity ratios either have a highly negative opinion of future American business results or expect to be nimble enough to dance back into stocks at even lower levels. There may well be some period in the near future when financial markets are demoralized and much better buys are available in equities; that possibility exists at all times. But you can be sure that at such a time the future will seem neither predictable nor pleasant. Those now awaiting a “better time” for equity investing are highly likely to maintain that posture until well into the next bull market."
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes”
~ Buffett
"“It’s waiting that helps you as an investor, & a lot of people just can’t stand to wait. “If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.” ~ Charlie Munger
Quote: "The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to educate individual investors about what it means to be an “accredited investor.”
What Does It Mean To Be An Accredited Investor?
Under the federal securities laws, a company or private fund may not offer or sell securities unless the transaction has been registered with the SEC or an exemption from registration is available. Certain securities offerings that are exempt from registration may only be offered to, or purchased by, persons who are accredited investors. One principal purpose of the accredited investor concept is to identify persons who can bear the economic risk of investing in these unregistered securities.
Unlike offerings registered with the SEC in which certain information is required to be disclosed, companies and private funds, such as a hedge fund or venture capital fund, engaging in these exempt offerings do not have to make prescribed disclosures to accredited investors. These offerings, sometimes referred to as private placements, involve unique risks and you should be aware that you could lose your entire investment.
The SEC recently adopted rules to permit general advertising for certain exempt offerings.
Are You An Accredited Investor?
An accredited investor, in the context of a natural person, includes anyone who:
earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
On the income test, the person must satisfy the thresholds for the three years consistently either alone or with a spouse, and cannot, for example, satisfy one year based on individual income and the next two years based on joint income with a spouse. The only exception is if a person is married within this period, in which case the person may satisfy the threshold on the basis of joint income for the years during which the person was married and on the basis of individual income for the other years.
In addition, entities such as banks, partnerships, corporations, nonprofits and trusts may be accredited investors. Of the entities that would be considered accredited investors and depending on your circumstances, the following may be relevant to you:
any trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person, or
any entity in which all of the equity owners are accredited investors.
In this context, a sophisticated person means the person must have, or the company or private fund offering the securities reasonably believes that this person has, sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment." SEC quoted.
We're LONG VALUE 5% enthusiastic shareholders.
FORTUNE FAVORS THEE BOLD!
:):) GO YSYB GO BABY GO! > GO!! >> GO!!! >>> GO!!!! >>>> GO!!!!! >>>>>
