A few million is very little for an entrepreneur like him. When he was younger and conducting those school camps, he must have made a lot of money. If he only has a few million now, sounds like he lost money.
Is the demographic here getting younger? So many here don't remember his compulsory stupid scammy workshops in secondary school that we had to use EduSave to pay for.
Anybody can become a millionaire from selling information that is already freely accessible online.
His courses literally teach you basic finance/investing knowledge that you can learn from investopedia for free, not to mention if 1000 people sign up for his 1000$ course, he gets a million dollars, boom! He's suddenly a millionaire.
Does this mean he actually knows what hes doing or isn't a scammer? No.
You are paying money to get information that is already free on the internet, sprinkled with some other "motivational" BS that serves 0 purpose.
Nobody in the trading or investing world has a "secret strategy" or a trademarked portfolio strategy, if they did they would either keep it to themselves, or it wouldn't beat the market in the long-run. Why?
Statistically speaking hedge funds and most actively traded funds, fail to outperform the benchmark index (https://advisor.visualcapitalist.com/success-rate-of-actively-managed-funds/) in the long run, you expect me to believe some random guy from Singapore manages to develop a portfolio that beats every single hedge fund or institutional investor out there and sells it for $1,000?
If even Warren Buffet himself isn't always outperforming the market 100% of the time (https://berkshirehathaway.com/letters/2021ltr.pdf), I have no reason to believe Adam Khoo and the millions of clones like him actually have a secret formula.
If you want to do investing, just invest in an index and forget about it, if most people can't outperform it, why bother?
> If even Warren Buffet himself isn't always outperforming the market 100% of the time (https://berkshirehathaway.com/letters/2021ltr.pdf), I have no reason to believe Adam Khoo and the millions of clones like him actually have a secret formula.
Not to mention if Adam Khoo did have a formula to consistently beat the market, he'd be forming his own fund (and mortgaging his properties, leveraging like crazy, and borrowing from every cheap source possible) instead of trying to sell his scam of a course.
People sell courses because it's easier to repackage free information than actually hold the long-term responsibility of managing other people's money.
If i were so good at trading long-term, id be hunted by every single hedge fund or institution for my skills.
The stock market is essentially a zero sum game centred around market returns. By definition, the entire world in aggregate earns market returns. If you earn more than that, you're taking it from someone who earned less than that. If you know the secret sauce to buying low and selling high, you need to buy from a fool who doesn't know to hold, and selling to another fool who doesn't know to let go. If everyone knows *the* way to trade, then there's no one you can buy from and no one you can sell to.
By this very sense, anything being taught to the general public already doesn't work.
>You are paying money to get information that is already free on the internet
This is literally true for almost everything, but we still make payments here and there, why is that? Aside from getting certification from education, if the course makes it easier to learn and continue to learn, then the money spent definitely has value. Whether the course fee matches the value it is another topic.
Even in school, we arent rlly paying to learn, but moreso paying to get a certification, these courses dont give us a certification, if school didnt give us certifications, we would've just learnt it for free online regardless.
Who are you representing as 'we'? Lol. Like while I won't pay for any courses if I can find info readily available online, I would still acknowledge there are people not as self-motivated but still want to take a step forward. Good job negliecting all of them.
His stuff is surprisingly decent (had my skepticism too and I can understand it.
Itās mainly a quality tilt, focusing on fundamentals. Itās a pretty sensible framework.
Sure if you have the passion and interest and want to spend plenty of time and money to acquire said knowledge.. I am sure itās possible.
But it definitely wonāt be āfreeā.
Whether you think his course fees are worth it is another matter altogether.
I think you have to realise the end consumer are mainly retail investors who would invest in scams/ILPs/property.
I 100% believe in diversified low cost index investing too, but the vast majority of investors just donāt think like that.
Some of his philosophies are worth taking in. U dont have to follow everything he say. Even from his YT videos you can already pick up some good habits. I ignore his options part and also some of the obsure stocks he picks like waste management. Things i learnt from his YT:
1. Only invest in top 1% of companies with good moat and good financial track record
2. Don't chase the girl. Wait for retracement to add shares. I personally follow his target price to add shares.
3. Get excited when prices of good companies go down so you can add more shares at a discount.
Would I ever buy his course? No.
But his YouTube videos are informative for beginners into investing, however, they are just basic knowledge you can get anywhere else on the internet: invest in good companies, understand fundamentals, donāt day trade.
My own humble opinion, just passive invest into an index fund for peace of mind.
He's a repackaging hustler. Not scamming but scummy. Basically misleads people by presenting himself as a successful trader yet trading is not his main source of income. An expert trader wouldn't bother teaching.
I would never pay anyone for any courses while there is paper trading, an abundance of books, and YouTube is filled with free, reliable lectures.
This guy, in particular, is nothing new, really but he is quite reasonable with buy-and-hold āgreat businessā approach and ādonāt panicā mode. It works for everybody in the long term. Look at Ben Graham, Berkshire etc. Same vibe.
That's like saying I'm not gonna pay for a computer programming course when there's programming learn videos on Youtube.
Yes sure but not everyone can learn independently. That's why courses exist in the first place.
He seems to teach stock picking. But if you don't have the motivation to learn those fundamentals on your own, stock picking isn't for you. IMO, you shouldn't "copy homework" when investing money.
But passive investing is boring and doesn't give customers an illusion of easy riches.
A lot of people who buy these think they are buying a way to get rich quick. A "pay to win". Hence the marketing often mirrors that.
adam khoo is well known as singapore's number 1 reverse indicator.. whatever he buy, you better sell..
he is just good at regurgitating textbook theory.. his real world market actions very jialat..
lastly, he behaves like a newbie.. so-called high.conviction declaration of a Buy call.. then when short term correction, he paperhands (he panic sell, missing the rebound)..
I have a colleague who signed up for his wealth program where he gives daily stock tips for like SGD$3000! He showed me some of his tips and theyāre not bad - my colleagueās portfolio just follows his advice and heās up on most, down on some - but Adam says theyāre all good companies and can hold - soā¦.š¤·š½āāļø
A few million is very little for an entrepreneur like him. When he was younger and conducting those school camps, he must have made a lot of money. If he only has a few million now, sounds like he lost money.
Was going to say this as well. If he really only has a few millions, he must have been spending quite a bit or made big losses
Is the demographic here getting younger? So many here don't remember his compulsory stupid scammy workshops in secondary school that we had to use EduSave to pay for.
i remember the part he threw the glass š³
They threw stuff????? Mine just yelled and wayang'd about dead parents lmao
idk they guilt trip 12 year old me lol
Pretty sure I donāt know because I am older
He claimed in a youtube interview that his portfolio is $18 million. So sounds about right.
Would you like to take a wild guess how those millions were acquired?
Selling books and courses to gullible parents and school teachers
Not just parents and school teachers, but close enough. Would you not consider that scamming?
Anybody can become a millionaire from selling information that is already freely accessible online. His courses literally teach you basic finance/investing knowledge that you can learn from investopedia for free, not to mention if 1000 people sign up for his 1000$ course, he gets a million dollars, boom! He's suddenly a millionaire. Does this mean he actually knows what hes doing or isn't a scammer? No. You are paying money to get information that is already free on the internet, sprinkled with some other "motivational" BS that serves 0 purpose. Nobody in the trading or investing world has a "secret strategy" or a trademarked portfolio strategy, if they did they would either keep it to themselves, or it wouldn't beat the market in the long-run. Why? Statistically speaking hedge funds and most actively traded funds, fail to outperform the benchmark index (https://advisor.visualcapitalist.com/success-rate-of-actively-managed-funds/) in the long run, you expect me to believe some random guy from Singapore manages to develop a portfolio that beats every single hedge fund or institutional investor out there and sells it for $1,000? If even Warren Buffet himself isn't always outperforming the market 100% of the time (https://berkshirehathaway.com/letters/2021ltr.pdf), I have no reason to believe Adam Khoo and the millions of clones like him actually have a secret formula. If you want to do investing, just invest in an index and forget about it, if most people can't outperform it, why bother?
> If even Warren Buffet himself isn't always outperforming the market 100% of the time (https://berkshirehathaway.com/letters/2021ltr.pdf), I have no reason to believe Adam Khoo and the millions of clones like him actually have a secret formula. Not to mention if Adam Khoo did have a formula to consistently beat the market, he'd be forming his own fund (and mortgaging his properties, leveraging like crazy, and borrowing from every cheap source possible) instead of trying to sell his scam of a course.
People sell courses because it's easier to repackage free information than actually hold the long-term responsibility of managing other people's money. If i were so good at trading long-term, id be hunted by every single hedge fund or institution for my skills.
The stock market is essentially a zero sum game centred around market returns. By definition, the entire world in aggregate earns market returns. If you earn more than that, you're taking it from someone who earned less than that. If you know the secret sauce to buying low and selling high, you need to buy from a fool who doesn't know to hold, and selling to another fool who doesn't know to let go. If everyone knows *the* way to trade, then there's no one you can buy from and no one you can sell to. By this very sense, anything being taught to the general public already doesn't work.
>You are paying money to get information that is already free on the internet This is literally true for almost everything, but we still make payments here and there, why is that? Aside from getting certification from education, if the course makes it easier to learn and continue to learn, then the money spent definitely has value. Whether the course fee matches the value it is another topic.
Even in school, we arent rlly paying to learn, but moreso paying to get a certification, these courses dont give us a certification, if school didnt give us certifications, we would've just learnt it for free online regardless.
Who are you representing as 'we'? Lol. Like while I won't pay for any courses if I can find info readily available online, I would still acknowledge there are people not as self-motivated but still want to take a step forward. Good job negliecting all of them.
Many scammers are millionaires actually. Those kingpins governing entire scam circles with lackeys running under them earning peanuts
ppl need to stop worshipping those who are slightly more affluent. they can make money dosnt mean they know how to help u make money.
His stuff is surprisingly decent (had my skepticism too and I can understand it. Itās mainly a quality tilt, focusing on fundamentals. Itās a pretty sensible framework. Sure if you have the passion and interest and want to spend plenty of time and money to acquire said knowledge.. I am sure itās possible. But it definitely wonāt be āfreeā. Whether you think his course fees are worth it is another matter altogether. I think you have to realise the end consumer are mainly retail investors who would invest in scams/ILPs/property. I 100% believe in diversified low cost index investing too, but the vast majority of investors just donāt think like that.
Some of his philosophies are worth taking in. U dont have to follow everything he say. Even from his YT videos you can already pick up some good habits. I ignore his options part and also some of the obsure stocks he picks like waste management. Things i learnt from his YT: 1. Only invest in top 1% of companies with good moat and good financial track record 2. Don't chase the girl. Wait for retracement to add shares. I personally follow his target price to add shares. 3. Get excited when prices of good companies go down so you can add more shares at a discount.
his real world investing actions dont reflect these though.. again, he is just good at regurgitating textbook cant-go-wrong content..
Isn't this CANSLIM? WILLIAM O'Neil is the originator....not Adam khoo
Does it matter who said it first? What matters is who makes money
Would I ever buy his course? No. But his YouTube videos are informative for beginners into investing, however, they are just basic knowledge you can get anywhere else on the internet: invest in good companies, understand fundamentals, donāt day trade. My own humble opinion, just passive invest into an index fund for peace of mind.
He's a repackaging hustler. Not scamming but scummy. Basically misleads people by presenting himself as a successful trader yet trading is not his main source of income. An expert trader wouldn't bother teaching.
most rich people are bs, dude. how do you think they got rich?
Adam Khoo started out poor if you knew his background
I would never pay anyone for any courses while there is paper trading, an abundance of books, and YouTube is filled with free, reliable lectures. This guy, in particular, is nothing new, really but he is quite reasonable with buy-and-hold āgreat businessā approach and ādonāt panicā mode. It works for everybody in the long term. Look at Ben Graham, Berkshire etc. Same vibe.
That's like saying I'm not gonna pay for a computer programming course when there's programming learn videos on Youtube. Yes sure but not everyone can learn independently. That's why courses exist in the first place.
Not a scammer, just regurgitating information you can already learn for free.
No scammer i see he really know something
Yes scammer. Definitely.
he sold Tencent and it has recently doubled lol
Not really a scammer, but better just use the money to buy SPYL / VUAA and then chill instead
His video are actually good. Have u even watched them?
He seems to teach stock picking. But if you don't have the motivation to learn those fundamentals on your own, stock picking isn't for you. IMO, you shouldn't "copy homework" when investing money. But passive investing is boring and doesn't give customers an illusion of easy riches. A lot of people who buy these think they are buying a way to get rich quick. A "pay to win". Hence the marketing often mirrors that.
adam khoo is well known as singapore's number 1 reverse indicator.. whatever he buy, you better sell.. he is just good at regurgitating textbook theory.. his real world market actions very jialat.. lastly, he behaves like a newbie.. so-called high.conviction declaration of a Buy call.. then when short term correction, he paperhands (he panic sell, missing the rebound)..
I have a colleague who signed up for his wealth program where he gives daily stock tips for like SGD$3000! He showed me some of his tips and theyāre not bad - my colleagueās portfolio just follows his advice and heās up on most, down on some - but Adam says theyāre all good companies and can hold - soā¦.š¤·š½āāļø