[Decentlady]

Hi Sam, how do you juggle betwee your studies and your online ventures? Doesn't online ventures distract you from your studies?

[Lexi]

What do you love about New Zealand the most? My friend comes from Waiheke Island and she loves the fact that it's safe and there is a real community.

[skysnap]

I have one more question, Which programming language you'd prefer - python or php?

[IcyFirefly]

1) If we have to go back to the good old days, do you have skills to survive?

2) What is your favorite animals?

[sprite1950]

What is your favourite section on ForumCoin?

[makeinst]

How many website you own ?

[grecy0905]

Have you fall in love to some people you only met online?

[haripriyavkl]

Hello Sam. How do you manage your time between studies and your moderator job?

[Sam]

Thank you for all the questions!

What would you say is your favorite tv show, book, or movie?

hmm. If I were to combine Book + TV Series, it would absolutely be Game of Thrones.
But my favourite book is: The Intelligent Investor, TV series: Game of Thrones or The Blacklist, Movie: Wolf of Wall Street.

Sam- do you have any plans to open your forum for normal members like me (Like you did a couple of months before)?

I don't have a forum/ community at the moment.

Hi Sam, how do you juggle betwee your studies and your online ventures? Doesn't online ventures distract you from your studies?

Poorly. :/ It's difficult and I constantly have to remind myself that University is more important than any conceivable online "venture". I am doing a couple of projects at the moment but with assignments and tests, they've taken a back seat. It sucks to have to be doing 5 papers this semester and 12 next year (over summer as well).

What do you love about New Zealand the most? My friend comes from Waiheke Island and she loves the fact that it's safe and there is a real community.

I like the general tolerance towards different ideas, backgrounds, ethnicity, sexual orientation etc. Although that can depend on where in New Zealand you are living.

I have one more question, Which programming language you'd prefer - python or php?

Without a doubt: Python. It's a beautiful language and the syntax is easy. Everything is more intuitive... e.g. using len(object) rather than having to remember the two methods for strings and lists in PHP.

1) If we have to go back to the good old days, do you have skills to survive?

2) What is your favorite animals?

1. Probably not.
2. My favourite animal is the wolf.

What is your favourite section on ForumCoin?

The webmaster section. Apparently, from a search, I've made 329 posts in that section. I do like business, money and wealth but it would be nice if the section was split up so I can pick the topics I'm interested in a bit easier.

Have you fall in love to some people you only met online?

No... I have a girlfriend. Not to cause offence but I don't personally believe that you can have a real online only relationship. You need to meet a person to really know someone.

Hello Sam. How do you manage your time between studies and your moderator job?

I use some of the pockets of time I have to log into ForumCoin. I don't really consider moderating a "job" as such as I am on the forum anyway.

[shamzblueworld]

What was your first online venture? How did you get into this world?

[Fergal]

my favourite book is: The Intelligent Investor

Is that the one by Benjamin Graham? Did you find it easy to read and relevant to the times we live in today?

[Sam]

Thanks for the questions- keep em coming!

What was your first online venture? How did you get into this world?

A teen job site that was listed on a Government jobs page. Sadly it wasn't successful. The Joomla installation database crashed multiple times and I believe the site was hacked.

my favourite book is: The Intelligent Investor

Is that the one by Benjamin Graham? Did you find it easy to read and relevant to the times we live in today?

Yep. I first read it years ago (probably when I was 12 or 14). It is completely relevant to today. I own the "updated" edition which includes commentary from around the dotcom boom/ bust period. But you can completely see how relevant the ideas are to today. Of course, my finance papers focus on valuation methods like Discounted Cash Flow and Residual Income, modern portfolio theory etc. but I personally believe The Intelligent Investor provides a good grounding in investment (and keeps you grounded).

An example: A discounted cash flow requires a lot off estimation (guess work/ assumptions). I recently spent ~10 -12 hours completing a valuation of a private airport for an assignment. As part of calculating Cost of Capital/ the discount rate (WACC - a key assumption where a 0.5% difference would lead to a ~20% increase/ decrease in valuation) you need a risk-free rate (that's forward looking). For a 10 year horizon, a naive investor may take the 1.13% 5 year US govt rate and leave it at that to calculate a discount rate. I would argue that rate is too low and the risk-free rate is likely to rise very soon.... So I would build that into my valuation. This is sort of a Benjamin Graham idea. He would have considered a P/E ratio above 20 too high. He was always wary of different market conditions and looking forward. A lot of stocks at the moment are trading at high P/E multiples because of a low risk-free rate assumption (the airports I looked at had an average P/E of 30). A low risk-free rate increases the value of stocks. This is why there have been declines in a lot of major markets worldwide. Investors are waking up to the fact the FED and other central banks will raise rates. An intelligent investor would recognize the unusual times and plan accordingly.

[Fergal]

Thanks for all of that Sam, when I read about Warren Buffet he was a big fan of "The Intelligent Investor", but I knew it was an old book and wasn't sure if it was still relevant. I will definitely add it to my reading list and try to read it within the next few months. Is it geared towards investing in the stock exchange or is it also relevant to those setting up or owning their own business?

[Sam]

Is it geared towards investing in the stock exchange or is it also relevant to those setting up or owning their own business?

It's geared towards investing in stocks and bonds. Warren Buffet was also a big fan of Philip Fisher's: Common stocks and Uncommon profits. He combined the two as the basis for his investment strategy.

[TeacherAngel]

What is your favorite fiction book?

[Sam]

What is your favorite fiction book?

Probably one from the A Song of Ice and Fire series.

[Fergal]

Probably one from the A Song of Ice and Fire series.

I read the first one and really enjoyed it, have also watched the six series. I was given a lovely gift of a box set of the books, the first one was great and they are really long and take quite some time to read

Do you have any live websites at the moment?

[TeacherAngel]

I'm waiting for my sister to finish the first book so I can borrow it. I've watched all episodes of the six seasons, though.

Do you play any sport?

[Collinberg]

Since this is the first time am seeing you (Sam),my question is.. How do u manage to stay invincible? I asked because if I was a moderator in this great forum,a peacock wouldn't even compare to the kind of strutting I'll be doing.

[Sam]

Do you have any live websites at the moment?

Unfortunately not. The next websites I put up are likely to be coded by me. I have a course, which I need a concession for, where the assignment/ project is to build a live website. =)

Do you play any sport?

Not at the moment. I played badminton last year and I played tennis at high school.

Since this is the first time am seeing you (Sam),my question is.. How do u manage to stay invincible? I asked because if I was a moderator in this great forum,a peacock wouldn't even compare to the kind of strutting I'll be doing.

Well.... I'm not invincible unfortunately. Being a moderator is generally a fun job because ForumCoin is a friendly and welcoming community.