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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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+4
sashimaal
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කිත්සිරි ද සිල්වා
LSE
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    Is this how stock Markets Work...???

    LSE
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    Post by LSE Sat Oct 31, 2015 8:00 pm

    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
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    Post by කිත්සිරි ද සිල්වා Sat Oct 31, 2015 10:15 pm

    Thanks LSE. Very Happy
    (Should we stop collecting or listening to experts?). Very Happy


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    Post by HAL9000 Sat Oct 31, 2015 11:19 pm

    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
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    Post by sashimaal Sun Nov 01, 2015 12:11 am

    Good one LSE Smile
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    Post by Lalinda Sun Nov 01, 2015 10:01 pm

    Good one indeed Smile
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    Post by yellow knife Mon Nov 02, 2015 8:28 am

    good one LSE
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    Post by First Guy Tue Nov 03, 2015 7:29 am

    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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    Post by yellow knife Tue Nov 03, 2015 7:32 am

    It's always easy to depend on someone else... in return when everyone is depending on someone else nothing happens...
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    Post by malanp Tue Nov 03, 2015 7:53 am

    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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    Post by yellow knife Tue Nov 03, 2015 8:00 am

    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.....

      Current date/time is Sat Jul 27, 2024 9:33 am