Read + Write + Report
Home | Start a blog | About Orble | FAQ | Blogs | Writers | Paid | My Orble | Login

Benkaiser.NET Investment Portal - Seeking The Alpha

 

Welcome to Benkaiser.NET Investment Portal, an alternative outlet of independent commentaries and views on investment and finance.

A joint-venture by On Topic Media PTY LTD and Benjamin C.

About Us

Do you think you are smart enough?

July 2nd 2007 11:15

"IN THE STOCK MARKET (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble."


James K. Glassman, 2001
56
Vote

   
subscribe to this blog 


   

   

[ Link ]
Posted By: Benjamin - Category: Trivia
Related Posts:

Recent Posts:
      Hiatus 
      It is as good as dice throwing 
      Double Down: UBS and a Nervous Market 
Comments
2 Comments. [ Add A Comment ]

Comment by Cibbuano

July 3rd 2007 01:26


Hunt Famous
Orble Post of the Day
Fat Cult
Techbreak
that quote has so much truth in it... all the math and studies that go into the stock market sometimes fool people into thinking that they're able to predict things...


Comment by Benjamin

July 3rd 2007 04:12


Benkaiser.NET Investment Portal
Yes, you are right. All those academic studies are only a guide for us to understand the market better and then make a "reasonable" extrapolation from understanding and history.

I've had experience of being involved in an academic research to find ways to predict the market, and its a wild wild west.

Add A Comment

To create a fully formatted comment please click here.


CLICK HERE TO LOGIN | CLICK HERE TO REGISTER

Name or Orble Tag
Home Page (optional)
Comments
Bold Italic Underline Strikethrough Separator Left Center Right Separator Quote Insert Link Insert Email
Notify me of replies
Your Email Address
(optional)
(required for reply notification)
Submit
More Posts
March 2008
1 Posts
February 2008
1 Posts
January 2008
5 Posts
Older Posts
232 Posts dating from July 2006
Email Subscription
Receive e-mail notifications of new posts on this blog:
0
[ View Blog Summary ] [ Create A New Post ] [ Add A Comment ]

Benjamin's Blogs

0 Vote(s)
0 Comment(s)
0 Post(s)
0 Vote(s)
0 Comment(s)
0 Post(s)
Moderated by Benjamin
Copyright © 2012 On Topic Media PTY LTD. All Rights Reserved. Design by Vimu.com.
On Topic Media ZPages: Sydney |  Melbourne |  Brisbane |  London |  Birmingham |  Leeds     [ Advertise ] [ Contact Us ] [ Privacy Policy ]