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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Canuck Dave who wrote (42300)12/3/2003 8:27:07 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hello CD, I have no particularly useful suggestions on ways to pass this time of incredible dynamism and geo-socio-econo-political perturbation which I interpret to be the process by which we travel past TPonRr and navigate towards TeoTwawKi.

I do however have some unhelpful hints ;0)

I note that we individually must make a determination of what is the most productive use of our time, not (never) on the basis of net societal macro gain, but (always) in terms of aggregate personal NAV augmentation.

Before making some more suggestions, I peremptorily defend myself against possible charges that I am a selfish, shortsighted and graspingly greedy speculator without any social redeeming value. I figure that by doing well for ourselves, we can choose to not be a rotting drain on society, and by sharing our gains with society through necessary spending, we are a net-positive :0)

Here are some more suggestions for our collective journey to TeoTwawKi:

- Enjoy the travel,
- Learn from the experience,
- Gain from the journey, and
- Generally have a good time

I am worried about “Regression to Mean”, as in the process whereby our grasping becomes ineffective and our grabbing becomes less fruitful over time due to us having reached our limits, gone beyond, and messed up, or everyone else smarts up and reduces the available opportunities in the market place, or when we become paralyzed by our fears.

Chugs, Jay
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