Easy money has been entering the stock market for quite some time, particularly in the US. The stock market is definitely heating up. In his book "One Up On Wall Street", Peter Lynch said that if people who usually don't talk about stocks but talking all of a sudden, perhaps it's time to get out of the market.
But as value investors, we primarily take care of our downside (protection of capital) as the upside will take care of itself sooner or later. It is also futile to predict directions of the stock market. Just spot out a good company with great fundamentals and stick with it. If it goes lower, buy more.
You are right. If you hear your barber, taxi driver and hawker start talking about stocks. Likely to be in euphoria stage. A bubble could have formed. It could be a signal to profit take on some counters.
Who is Mila Kunis? (Noob question??)
omg.. she should just focus on acting
the bankers will help her with her $$ lol
Soon she will be start giving stock tips to Kristen Stewart and Jennifer Lawrence etc.
(17-03-2013, 02:33 PM)hkl Wrote: [ -> ]I can't remember whether I found this on VB, but here's the link to an interview with a 16 year old actress cum day trader.
http://finance.yahoo.com/blogs/breakout/...23005.html
This reminds me of the pre-crisis period in China when a cleaning lady was hailed for her stock market investing genius. Not sure if her portfolio held up in the subsequent decline.
