I had decided to hide my blog, for over a year now, but I guess it's time to write a little bit here and there.
I believe that prudence pays well, and I have been cautious for over 3 years now.
The mess in China is unbelievable, and the global monetary mess more so.
Negative interest rates, crazy excess capacities to produce stuff based on potential demand, may be aliba bah is fabricating its sales, may be currencies are bound to be less volatile henceforth than they have been in the last 2 years (remember the CFR, ZAR, Real, ruble) and I wonder whats going to happen to the CNY or the middle east currencies (who cares about names, right mr. feynman?)
The objective of an investor is to understand irrationalities, while also believing in the power of being a part owner of a business; the access of marketability makes fools of us, and that simple concept is difficult to grasp.
Many shall be restored that now are fallen, and many shall fall that now are in honour.
Running businesses well is difficult.
Consistent business performance is an anomaly.
But people have an inherent need to do something everyday and feel worthwhile.
Ruskin Bond has influenced me.
Here's to going for a nice walk and ruminating while people pull out their hair - and I will return, the pig farmer who visited the exchange only when the pendulum reaches its boundaries.
It's a difficult ordeal this - waiting.
I believe that prudence pays well, and I have been cautious for over 3 years now.
The mess in China is unbelievable, and the global monetary mess more so.
Negative interest rates, crazy excess capacities to produce stuff based on potential demand, may be aliba bah is fabricating its sales, may be currencies are bound to be less volatile henceforth than they have been in the last 2 years (remember the CFR, ZAR, Real, ruble) and I wonder whats going to happen to the CNY or the middle east currencies (who cares about names, right mr. feynman?)
The objective of an investor is to understand irrationalities, while also believing in the power of being a part owner of a business; the access of marketability makes fools of us, and that simple concept is difficult to grasp.
Many shall be restored that now are fallen, and many shall fall that now are in honour.
Running businesses well is difficult.
Consistent business performance is an anomaly.
But people have an inherent need to do something everyday and feel worthwhile.
Ruskin Bond has influenced me.
Here's to going for a nice walk and ruminating while people pull out their hair - and I will return, the pig farmer who visited the exchange only when the pendulum reaches its boundaries.
It's a difficult ordeal this - waiting.
