Yes, silly me, indeed. my investment strategy is to invest Thai 100%; no capital gains tax here. Excluding investment property, my Portfolio is approx 90% for dividend income and 10% for small cap equities. I have a good track record, cashing in dividend earning stocks for short term investment in IPO's The comment I made was in reference to one '550k hit' that I took,. In that incident, my broker (& others) did not disclose the lack of transparency in their research notes. The IPO was BTG, at 40 baht.. Research notes given to me privately by my broker's research department valued it at ranges between 50-64 baht. so i plowed 3 mill in to the IPO. Unfortunately, I did not keep that email attachment. Later, after the IPO flopped, the research notes changed, with an addendum, disclaiming responsibility and disclosing that the research/valuation was prepared by the company and not by the researcher dept.
Yep, I i thought about suing. Then, this being Thailand, I dropped the idea, trashed my records. A lesson learned - the only time I did not do my own DD,, instead getting lazy and relying on what I thought was an independent source.