JAKARTA - Longtime investor Lo Kheng Hong is a guest on the podcast of Cat Avian boss, conglomerate Hermanto Tanoko. In the podcast broadcast on the YouTube channel, Lo Kheng Hong told Hermanto Tanoko about investing in the capital market.
Lo Kheng Hong had time to get a question that may also often be asked by novice investors. Hermanto asked Lo Kheng Hong, did the man who is familiarly called Pak Lo ever have to cut a loss?
"Pak Lo never cut loss?" asked Hermanto Tanoko in his personal podcast, quoted on Tuesday, June 14.
"Never cut loss. But if the company's condition is very bad, I let go. But usually it's rare," replied Lo Kheng Hong.
[/see_also]
- https://voi.id/economy/174027/uang-investor-kawakan-lo-kheng-hong-pernah-ilang-90-persen-saat-berinvestasi-di-saham-tapi-saya-masih-kaya-dengan -10-percent-the rest
- https://voi.id/economy/172189/investor-kawakan-lo-kheng-hong-tak-belief-jika-harga-saham-usaha-bagus-jangan-akan-naik
- https://voi.id/economy/169578/investor-kawakan-lo-kheng-hong-sebut-saham-dalam-cepatan-investasi-terbaik-but-hal-ini-belum-dibelii-sedalam-large-society -Indonesia
[/see_also]
Furthermore, Lo Kheng Hong stated, he almost never cut loss for some reason. The man who is referred to as the Indonesian Warren Buffet reasoned that the stocks he usually bought were good company stocks with low valuations.
"Because I bought a good and cheap company. If he goes down I won't cut the loss, but I will buy more, buy more. Unless there is dishonesty from management that I know that the financial statements are so bad, the capital will be negative, I might will be released because I think there is no hope, I let go," said Pak Lo.
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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