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Kay Kian Peng

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Piranha Profits

Light in the tunnel!

Before joining the Piranha Profits UIP program, my investment returns over the past 30 years were mostly negative. I heavily relied on friends' recommendations and stock analysts, which led to significant losses—on one occasion nearly 60% during the internet bubble burst in 2000, primarily based on a bank manager's advice without much personal research. Since signing up for the UIP program in February 2023, I’ve adopted a much more careful approach to stock picking. I no longer depend on friends’ suggestions or news; instead, I focus on high-quality stocks recommended by Adam. I also buy in tranches and look for opportunities during price retracements. I’m pleased to share my humble returns as of now: • Since inception (Feb 2023): 89% • Last 12 months: 38% • YTD: 23% While my returns may be partly due to the favorable timing of joining the program during a market recovery, I truly believe that without investing in Adam Khoo’s carefully selected stocks, which pass his 7 criteria, I wouldn’t have achieved these results. YY has also been instrumental in my investing journey, offering mentorship and support in our Discord chat group. The like-minded community has been invaluable, helping us navigate this emotionally challenging journey through sharing, encouragement, and inspiration. I’m incredibly grateful to Adam, YY, and the entire team!

2024-10-06