15-05-2013, 04:03 PM
(15-05-2013, 09:15 AM)NTL Wrote:Hmm...(14-05-2013, 11:14 PM)Temperament Wrote:(14-05-2013, 10:43 PM)NTL Wrote:Ha! Ha!(14-05-2013, 09:23 PM)Temperament Wrote:(14-05-2013, 06:13 PM)greengiraffe Wrote: Absolutely, its TINA times. One just got to understand who is behind the buying now - its real money, no the small men on the streets...
Hence, the need to hunt for stocks with the margin of safety in the event of an unexpected turn - at least can tide over wrong term...
GG
I always believe it's the big Fishes (Sharks) that moves the market to either extreme. And the small fishes are herded as sacrificial morsels. That's my strong conviction for years. Correction! Since day 1. of my investment.
Let us be Remora then!
i just learn a new word.
You are right. We have to learn from Remoras in order to swim with the sharks. How clever of you to to let me know your plan.
On the other hand i may be one of the Remora who has amnesia due to too many "market-extreme psychology traumas."
Sorry for those who like to see quantitative analysis of stock only. (You read at your own risk. Don't complain please.)
We like to talk-cock (bits & pieces) about the psychology of investing and understanding the market general behaviour.
We can always analyse a stock later (at our own risk) if we want to buy it.
Arikato!
How about doing it this way:
- Know (guess) where the sharks are going
- Stuck to the sharks as they come along
- Let the sharks bring you to where you want to go
- Meanwhile feed on the remains of the sharks' food
- When reach destination, let go
- Wait for the next shark to come
Hmmm... wait a minute, is that investing or speculating?
i think neither. It's having a psychology advantage of understanding how the market behaves. So you won't be caught by surprise (with your pants down), i suppose. That's all.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.