Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

lol. And you think I'm delusional.

"The greatest risk doesn’t come from low quality or high volatility. It comes from paying prices that are too high. This isn’t a theoretical risk; it’s very real." ~Howard Marks

Therefore a low purchase price not only creates the potential for gain; it also limits downside risk. That's common sense.

The main underlying principle of value investing is that you should invest in undervalued securities because they alone offer a margin of safety. Over time, by again and again avoiding loss, you have taken the first step toward achieving healthy gains. Value investors should buy assets at a discount, not because a business trading below its obvious liquidation value will actually be liquidated, but because if you have limited downside risk from your purchase price, you have what is effectively a free option on the recovery of that business and/or the restoration of that stock to investor favor. If an undervalued stock drops after you buy it and you are confident in your analysis, you simply buy more. All of these points apply equally well regardless of the market on which a stock trades or where a company does business ~Seth Klarman

I can keep listing more and more that supports this idea.


You claimed to be value investor, but you do not think, act or perform any of the methodology of value investing since I've met you. You don't even have the basic grasp of value investing.