SJTU 70141: Three Chinese friends meetup on June 13 2020

June 14, 2020

Introduction

It is the first meeting I have with my SJTU university classmates Mr. Cao and Ms Zhuang, and we had over two hours discussion how to invest on stock market.

Meeting notes

Here are highlights:

1. CVE and HSE stocks are oil - crude oil only; more risk compared to ENB, oil products related. 
2. ENB stock dividend 7%, market crash to SPX 2200, only 30% loss, now recover only 15% left to recover;
3. Gambling - Math graduates - three top universities of SJTU, talked about math, probabilities;
4. Modern portfolio rebalance - cash and stock 
5. When to invest on stock market? Timing, go up 30%, and then go down 10% 
6. How to double money? stress, protect your capital 
7. VAB.TO bond I have, how to explain why VAB.TO dropped 10% when SPX was low 2200 on March 20, 2020
8. Talk about emotional stress, how to handle stress - market swings
9. Bank, insurance and dividend
10. Those companies Johnson Johnson, Coca cola, P & G for good stable dividend etc. 
11. Amazon stock 
12. high beta - risk factor 
13. 100 shares, commission fees high, risk 
14. Stock high risk/ high return 
15. Day trade - one week, lose capital 
16. Day trade case study: Choose Johnson, Eliott, Co, MurP, 3% or 5%, play once once a while
17. More on step 16, those stocks are stable, and easy to keep value
18. Zack subscription - annual subscription - technical analysis like K lines, pyramid divide
19. Fundamentals - ? 

Proposals:

1. We are good friends starting from 1984 when we were 18 years old. Next 20 to 30 years, we have to work on stock market, we better start early to work together. Learn from each other. 
2. Jianmin Chen like to learn more Canada oil stock, she likes to make purchase, and ask two of her classmates to purchase together, and then they can meet using wechat or Zoom, and then work on problem solving together. 

References: