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Dear Readers,
HERES THE TIP
By Daryl Guppy
We are often asked why we do not give trading, or stock tips in the newsletter. The most obvious answer is because we are not licensed investment advisors, but this hides a number of important issues. We are not investment advisors because we have made a conscious decision not to go down that path.
Our focus is on education and we believe this is incompatible with the function of an investment advisor or with managing money for other people. When you earn a fee for making a particular recommendation, or when you benefit from the trading activity of your clients through commissions or when your clients are simultaneously trading a stock, you or your brokerage have recommended then we believe it is very difficult to avoid a conflict of interest and this also undermines the necessary objectivity of the education function.
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-Martin Wong-
Licensed Fund Manager
Phillip Capital Management S.B.
Fund Mgmt website : http://www.poems.com.my
Personal website : http://www.martinwong.com.my
Investing/Trading website : http://www.traderstruthrevealed.com
Investmatic Management, SoHo, Ara Damansara, Selangor DE, Petaling Jaya 47301, Malaysia
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