Above was the investment portfolio of Berkshire Hathaway in 31 Dec 16. The cost of Coca-Cola was $1.3b, market value then was $17b, growth of 1177%. This is the core benefit of holding a share LONG-TERM.
Above is the buy and sell records of EPF for Maybank. As you can see, EPF is acting like crazy day trade trader, bought and sold in 27 Sep and 2 Oct. The trading platform i.e. Bursa Malaysia is the greatest benefiter because all the brokerage charges and fees are earned enormously. Clearly, EPF is a TRADER.
Now, let us examine the holding periods of ICapital.biz:
Above was 2006. Digi was sold in 2007, holding about 1 Year (https://klse.i3investor.com/blogs/general/134298.jsp)
Above was 2007
Above was 2008. UMW and UMCCA were sold in 2008, holding about 2 years.
Above was 2009.
Above was 2010. Astro, KLK, TM, PohKong, and LionDiv were sold in 2010. Astro and KLK were holding about 1 year. TM was holding about 2 years. PohKong and LionDiv were holding about 4 years.
Above was 2011. Mieco and Haio were sold in 2011. Mieco was holding about 5 years. Haio was holding about 3 years.
Above was 2012.
Above was 2013. Pharma was sold in 2013, holding about 1 year.
Above was 2014.
Above was 2015. PetDag was sold in 2015, holding about 9 years.
Above was 2016. Pie, Vitrox, WellCal were sold in 2016. Pie was holding about 9 years. Vitrox was holding about 2 years. Wellcal was holding about 3 years.
Above was 2017. To put into table format:
| Company | (Hold) From | To | Duration |
| Digi | 2006 | 2006 | 1 year |
| UMW | 2006 | 2007 | 2 years |
| UMCCA | 2006 | 2007 | 2 years |
| Astro | 2009 | 2009 | 1 year |
| KLK | 2009 | 2009 | 1 year |
| TM | 2008 | 2009 | 2 years |
| PohKong | 2008 | 2009 | 2 years |
| LionDiv | 2006 | 2009 | 4 years |
| Mieco | 2006 | 2010 | 5 years |
| Haio | 2008 | 2010 | 3 years |
| Pharma | 2012 | 2012 | 1 year |
| PetDag | 2006 | 2014 | 9 years |
| Pie | 2007 | 2015 | 9 years |
| Vitrox | 2014 | 2015 | 2 years |
| WellCal | 2013 | 2015 | 3 years |
UMCCA net profit was RM52m in 2007.
UMCCA net profit was RM86m in 2017.
Astro net profit was RM420m in 2013.
Astro net profit was RM617m in 2017.
KLK profit was RM613m in 2009.
KLK profit was RM1.6b in 2016.
Mieco net profit was RM1.6m in 2010.
Mieco net profit was RM83m in 2016.
PetDag profit was RM502m in 2014.
PetDag profit was RM945m in 2016.
Vitrox net profit was RM44m in 2015.
Vitrox net profit was RM65m in 2016.
Is timing market able to beat market? Some people, yes, but if you examine the performance of this fund (https://klse.i3investor.com/blogs/general/134192.jsp), you will know it is very hard to time the market.
The main problem is: After you sold the company, its net profit just getting higher and higher.
Hence, for the majority, I believe it is easier and better to keep holding a profitable company. In long-term we can make a lot of money.
