This is interesting peace I got from an anyonomous source , but worth reading regarding the feel on BREXIT, if it would have been the case of divorse :
Hard Divorce: You lose the house, money, everything, and have no access to kids
Soft Divorce: You get access to the kids, but don’t expect any sex or anything like before. It’s different now Continue reading “BREXIT OPTIONS IF the Event was a Divorce”
Continuing with market forecasting – The strongest predictor of rising into the ranks of superforecasters is perpetual beta, the degree to which one is committed to belief updating and self-improvement. It is roughly three times as powerful a predictor as its closest rival, intelligence.
To paraphrase Thomas Edison, superforecasting appears to be roughly 75% perspiration, 25% inspiration.
Here is a philosophic outlook, about superforecasters and they are rare breed:
CAUTIOUS: Nothing is certain
HUMBLE: Reality is infinitely complex Continue reading “Forecasting the Market – II”
We are all forecasters. When we think about changing jobs, getting married, buying a home, making an investment, launching a product or retiring, we decide based on how we expect the future will unfold.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $1000 and go to Las Vegas.” This is such a profound statement from Paul Samuelson, who was the first American economist to win the Nobel Prize in Economics.
Predicting or forecasting the market is likes rains forecast by the met department. Continue reading “Market Forecasting”
Europe…..Britain left. Russia broke up. Yugoslavia broke up. Czechoslovakia broke up. The Catalans want Independence. The Scots want Independence. The Chechens want Independence. The Basques want Independence. God knows what the Irish want. These are countries with population’s less than most Indian states. They still can’t stay together and we Indians have been living in comparative harmony for almost 70 years despite differences in religion, culture, language and food habits. India, truly is, an amazing country.
Moving ahead after some humour, what lies ahead for the markets, I am not going to do any forecasting, just try to analyse some of the facts:
It may take some time for the shock to work through the economic, financial and political systems in the U.K. and Europe. As a result, global stocks may fall further. No doubt this event was bigger than Lehman brothers, considering the political and economic impact, If someone says has the market factored the exit , well I am not in the position to provide my view on it . Continue reading “BREXIT – The road ahead”
Investors who think they will obtain clarity after the ‘Brexit’ event don’t realise that it will be followed by Grexit. Departugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.
Don’t wait for western world headaches to end to invest in India. The time to invest in India is now!
Shortly will share more views ….