Showing posts from June, 2018

Animal spirits

Keynesian animal spirits The financial markets and news on the Internet nowadays are more of gossip and entertainment rather than well rooted to any fundamentals nowadays. From yield curve to trade wars and North Korea reconciliation and overheated china economy, the average investor is simply drowned in a sea of information where most news don't make sense or point you to a defined direction. I see the value of bottom up analysis for traditional fundamental analysis. Annual reports are not particularly exciting, but it will keep you occupied for a buy and hold strategy, and also give you data and numbers that are most likely reasonably accurate, and a growth story defined by the chairperson. If I have doubts in even this basic assumption, I should not consider the company no matter how attractive they may appear. Market sentiment is another jungle altogether with its exciting and colourful v ocabulary. Take for example. Central bank policy Doves (laissez-faire) and hawks (clo

Positive attitude and productive thinking 1.   Start the day with positive affirmation. How you start the morning sets the tone for the rest of the day. Have you ever woken up late, panicked, and then felt like nothing good happened the rest of the day? This is likely because you started out the day with a negative emotion and  a pessimistic view that carried into every other event you experienced . Instead of letting this dominate you, start your day with positive affirmations. Talk to yourself in the mirror, even if you feel silly, with statements like, “Today will be a good day” or “I’m going to be awesome today.” You’ll be amazed how much your day improves. 2.  Focus on the good things , however small. Almost invariably, you’re going to encounter obstacles throughout the day—there’s no such thing as a perfect day. When you encounter such a challenge, focus on the benefits, no matter how slight or unimportant they seem. For example, if you ge