JAKARTA - Longtime investor Lo Kheng Hong admitted that he did not invest other than in stocks. According to the man who is referred to as Indonesia's Warren Buffet, stocks are the best investment instrument.
"Why don't I invest elsewhere? For me, stocks are the best choice. This is my principle that I believe in," said Lo Kheng Hong in the SPOD podcast broadcast on Syailendra Capital's YouTube channel, quoted Friday, May 20.
Furthermore, said the man who is familiarly called Mr. Lo, although stocks are the best choice for investing, he believes that most Indonesians have not trusted it.
"They still put their money in the bank, buy property, and so on. I don't invest in other places because in my head, stocks are the best choice," he explained.
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Lo Kheng Hong admitted that he did not invest in paintings because he could not distinguish between good and bad paintings. He also doesn't collect watches, because that's why he's been wearing the watch he's been wearing since 2005.
"I'm afraid to wear expensive watches, I'm afraid my hands will be stabbed. I still wear the Seiko watch I've been wearing since 2005. The problem is that the watch isn't damaged, it's a pity to throw it away," said Mr. Lo.
He revealed that he does have properties in the form of villas such as in Puncak and Bandung, but those villa is a place to rest when he is tired in Jakarta.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
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