Since no theist can show that they have the «right» answer, and they can not explain why their lies about creationism, the magical flood, etc can not be supported by evidence, they only have lies to rely on, lies used to spread false «exceptionalism», fear and greed.
* Contains sound investment advice and simple principles of investing from two of the most respected individuals in the investment world * Burton G. Malkiel is the bestselling author of A Random Walk Down Wall Street and Charles D. Ellis is the bestselling author of Winning the Loser's Game * Shows how to deal with an investor's own worst enemies: fear and greed
Unlike traded REITs, where value is tied to the price at which shares trade on an exchange and is often influenced by emotions (such as fear and greed) that drive public markets, shareholders of NTRs see value equal to the cost of the asset at the time of purchase.
I don't see the following always priced in: accounting of fear and greed, management, business cycles, responses to regulation, interest rates, long-term impacts of CAPEX trends, changing technologies, the over payment for acquisitions and share buy backs, etc..
Filed Under: Financial Independence, Happiness, Retirement, Spending Tagged With: deciding when to retire, enough, fear, fear and greed, greed, how much is enough, how to know when to retire, Just one more year
The future can not be predicted because it does not exist yet and there are endless variables that will play into how prices play out due to news, buyers and sellers motives, along with mass fear and greed.
If you plan well for what you will do when things are going your way and also when they don't then you can far more easily manage fear and greed in your trading and avoid many of the common trading mistakes.
I know Stuart will want to have a big argument with me about this, but confidence is the core of the markets, and the media like to feed fear and greed, one is lack of confidence, the other is surplus.
Perhaps we are simply in the long term midst of growing pains as biological/spiritual beings, who must suffer the collective consequences of imperfect and profoundly selfish motivations born of fear and greed.
Forex trading is a test of self-discipline and controlling one's impulses of fear and greed, the degree to which you correctly implement position sizing and risk management will be the degree to which you correctly manage your emotions and achieve your goals in the market.
Knowing when to take a profit or cut a loss is very easy to figure in the abstract, but when you're holding a security that's on a quick move, fear and greed will quickly act to separate you from reality and your money.