First time, when the per share price of sina, sohu, and netease were under $1.00, I told a friend that something was wrong and the price had to go back to normal as these were the three major internet companies in China and whoever bought them, they would make a big fortune. But I concentrated on RE and did not buy.
Then in 2005, I went back to China and talked with friends about the Chinese stock market. I told them in a firm tone that the market was already in an extreme and it was a very good time to buy. But I did not buy as I could not stay in China. If, and only if, I bought $200K ...
I am prettu confident about my judgement of the market now and will buy next time I see such an opportunity and make a big buck!