Category: Money tips Release Date: 2006-02-27
Such as investment guru Warren Buffett is great, and the fundamental reason is not, "Mr. Market" which is about pessimism in the market when you buy in the market, when excited to leave.
Despite the fall a cause for grief, but for investors, sum up the experience of failure far more conducive to a toast to celebrate the victory to improve profitability.
Week, fell more than 7%, which is a major adjustment in 2003 that since only to see it. To say that the market did not give omens are not objective, and many signs indicate that periodic adjustments are brewing.
Easy to blur the investment earnings, speculative boundaries, including the funds and other sophisticated investors, the majority of market participants is difficult to escape convention to join the ranks of speculation. At present, the relatively small number of deep blue chips KLCI recently reached 59.18 times earnings, net of share reform of listed companies have not yet, the market as a whole the actual price-earnings ratio as high as 51 times the stock market under the price-earnings ratio of only 1.96% yield, in the current asset prices rapidly to enhance the background, such as price-earnings ratio or even less than half the rate of return on real estate. So, if the speculators want to further speculation, then again the relative attractiveness of real estate highlights --- Of course, this is already highlighted above in the wave.
Must be recognized that the distinction between investment and speculation to which the "red line" is never clear, especially when most market participants have been enjoying the great feast, when the proceeds, it becomes more blurred blurred because of the --- Nothing can be as large as easily be made in cash were irrational rational. In such a huge wealth effect under the Japanese accounts, there will be no breakthrough in 60000 had nothing to surprise --- people want to share the feast as soon as possible into the stock market. Of course, how to leave in time before the end of the feast, but also of common interest to all participants. But the greedy nature of the decision of the majority of the participants want at the banquet before the end of a few seconds left, but unfortunately, "They are a dance room, there is no clock."
Such as investment guru Warren Buffett is great, and the fundamental reason is not, "Mr. Market" which is about the non-rational market, issued a cry of reason, when pessimism in the market to buy in the market, when excited to leave, they are use of "Mr. Market" model.