Value investing after some time becomes very popular so much so that a few courses in Singapore (and perhaps around the world) use it to sell their own brand of deviated investing.
And like Spa, Slimming and property seminars, these events primary aim is to firstly sell tickets, and to increase the number of people to subscribe to these expensive investment course.
I was contacted by 8 Investments to market their course for a promotion fee. As much as I am reluctant to reject good money, I have to decline (even though this post will actually expose them to publicity!)
I have put up other seminars here for publicity and have gain very little financial reward (mostly tickets which I don’t really go) in exchange for it. But they are usually use to market seminars that appropriately name their seminar.
If its general investing, we call it general investing. If you put your name as a value investing seminar you better teach something on Graham, Fisher and what Buffett really practices.
To top it off, the names that they bring in are really dubious when it comes to value investing.
Non of them sans my previous professor Sebastian Chong (I have respect for his investment style) seems to be known for being a value investor.
My friends that have attended have told me 8 Investments are quite the hard sell when they come to drumming their course.
Sorry, but the whole thing reeks the furthest from the behaviors of value investors.
If people want to learn about this I would suggest they pick up a book from Graham, Phillip Fisher, or go to Geoff Gannon’s site which explains things much better.
Very Aggressive Sales Tactics Used
One aspect since this post in 2012 that I hear from friends, readers and acquaintance were very aggressive sales tactics used.
The founder in many instance, would use heavy psychological pressure to goad the attendees to signed up for their paid workshop.
I am not sure whether you are comfortable with this.
I always believe good things need to be sold, but equipping each person with stock prospecting skillset is very subjective and the value you get in the end might not make up the cost.
I think people should be given more free will here.
The heavy pressure does not give your brain time to back out.
If you want to attend any of 8I’s preview or talks in the same vein, do keep this in mind and don’t force yourself into making snap decisions.
Update: I received word from 8 Investments that this summit should be known more as a general investing summit and not so much a value investing gathering.
As such if you are still interested in bright minds talking you can pay to attend it. Hope you guys gain something out of it.
Update (Mar 2017): Since the first posting, there are folks that went to the Summit and also the workshops that the company market that provides more insight on whether there is value for the Summit or Workshop. You can review them in my comments section below. (Do note that they are from someone’s perspective so it might be skewed to one side as well)