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LSE
LSE
Tech Contributor
Tech Contributor
Posts : 1321
Join date : 2014-06-04

Is this how stock Markets Work...??? Empty Is this how stock Markets Work...???

Sat Oct 31, 2015 8:00 pm
Message reputation : 100% (7 votes)
It was autumn, and the Red Indians on the remote reservation asked
their New Chief if the winter was going to be cold or mild. Since he
was a Red Indian chief in a modern society, he couldn't tell what the
weather was Going to be. Nevertheless, to be on the safe side, he
replied to his Tribe that the winter was indeed going to be cold and
that the members of the village should collect wood to be prepared.

But also being a practical leader, after several days he got an idea.

He Went to the phone booth, called the National Weather Service and
asked "Is the coming winter going to be cold?" "It looks like this
winter is Going to be quite cold indeed," the meteorologist at the
weather service Responded.

So the Chief went back to his people and told them to collect even
more Wood. A week later, he called the National Weather Service again.
"Is it Going to be a very cold winter?" "Yes," the man at National
Weather Service again replied, "It's definitely going to be a very
cold winter."
The Chief again went back to his people and ordered them to collect
Every scrap of wood they could find.

Two weeks later, he called the National Weather Service again. "Are
you Absolutely sure that the winter is going to be very cold?"
"Absolutely," The Man replied. "It's going to be one of the coldest
winters ever."

"How can you be so sure?" the Chief asked.

The weatherman replied, "The Red Indians are collecting wood like
Crazy."

This is how stock markets work...!!!
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම

Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Sat Oct 31, 2015 10:15 pm
Message reputation : 100% (1 vote)
Thanks LSE. Very Happy
(Should we stop collecting or listening to experts?). Very Happy
HAL9000
HAL9000
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Top contributor
Posts : 1402
Join date : 2014-08-11
Location : Colombo

Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Sat Oct 31, 2015 11:19 pm
Message reputation : 100% (1 vote)
Message : No one can predict the next winter is going to be realy cold or not, But being a winter it must be cold by definition.
Similarly any stock will go up in long run or some day, but really difficult to predict what will happen in next moment.
sashimaal
sashimaal
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Top contributor
Posts : 5785
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Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Sun Nov 01, 2015 12:11 am
Message reputation : 100% (1 vote)
Good one LSE Smile
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Lalinda
Posts : 69
Join date : 2015-02-16

Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Sun Nov 01, 2015 10:01 pm
Message reputation : 100% (1 vote)
Good one indeed Smile
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yellow knife
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Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Mon Nov 02, 2015 8:28 am
Message reputation : 100% (1 vote)
good one LSE
First Guy
First Guy
Posts : 2599
Join date : 2014-02-22

Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Tue Nov 03, 2015 7:29 am
Message reputation : 100% (4 votes)
What we can note here is that the Red Indian chief doesn't have enough experience to make a reasonable judgement.

When he tries to reply on a so called expert, they don't turn out to be experts.

If both are uninformed, lack knowledge and experience then it will be a disaster. At least one party should know what they are doing.
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yellow knife
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Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Tue Nov 03, 2015 7:32 am
Message reputation : 100% (3 votes)
It's always easy to depend on someone else... in return when everyone is depending on someone else nothing happens...
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malanp
Posts : 518
Join date : 2014-03-04

Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Tue Nov 03, 2015 7:53 am
Message reputation : 100% (1 vote)
yellow knife wrote:It's always easy to depend on someone else... in return when everyone is depending on someone else nothing happens...

MR depended on Sumanadasa Abegunawardana.. Sumanadasa depended on MR.. They both went to a disaster..

People of this country depend on astrologers and one astrologer depend on anther astrologer,, and country is facing a disaster together with people..
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yellow knife
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Is this how stock Markets Work...??? Empty Re: Is this how stock Markets Work...???

Tue Nov 03, 2015 8:00 am
Message reputation : 100% (1 vote)
good point

At least now we have to really consider on Astrology..

I never believe in astrology and never did any activity based on astrology or horoscope reading..

Sri Lanka got independence and from that day on wards all parliament elections, all presidential elections, oath takings, naming children, getting married, constructing houses all happened based on horoscopes...

In USA, Japan and in all developed countries nothing happened based on horoscopes...

Politically even the modern Ranil goes to Thirupathi...So is MS,.. So is SB.. So is.....all.....
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