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Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders. ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price. ...the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money. ... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears... ↗
#efficient-market-hypothesis #shares #sociopath #sociopathy #stock-market
There was a time in my life when I did a fair bit of work for the tempestuous Lucretia Stewart, then editor of the American Express travel magazine, Departures. Together, we evolved a harmless satire of the slightly driveling style employed by the journalists of tourism. 'Land of Contrasts' was our shorthand for it. ('Jerusalem: an enthralling blend of old and new.' 'South Africa: a harmony in black and white.' 'Belfast, where ancient meets modern.') It was as you can see, no difficult task. I began to notice a few weeks ago that my enemies in the 'peace' movement had decided to borrow from this tattered style book. The mantra, especially in the letters to this newspaper, was: 'Afghanistan, where the world's richest country rains bombs on the world's poorest country.' Poor fools. They should never have tried to beat me at this game. What about, 'Afghanistan, where the world's most open society confronts the world's most closed one'? 'Where American women pilots kill the men who enslave women.' 'Where the world's most indiscriminate bombers are bombed by the world's most accurate ones.' 'Where the largest number of poor people applaud the bombing of their own regime.' I could go on. (I think number four may need a little work.) But there are some suggested contrasts for the 'doves' to paste into their scrapbook. Incidentally, when they look at their scrapbooks they will be able to re-read themselves saying things like, 'The bombing of Kosovo is driving the Serbs into the arms of Milosevic. ↗
As much as any contemporary writer, Murakami grasps the bewildering fluidity of commoditized life. ↗
Once an opportunist like Mickey, who took the argument when she jumped on some devastated wretch's machine and jackpotted that it was the "cash-ino's money" she was winning, Moon returned after her six month break with the view that the separation had somehow sweetened the honeypot. The sad reality, she quickly learned, was that she was not irreplaceable; as such, the Casino felt no compunction to welcome her back with multi-jackpots. Instead, it took her money everyday and did not once give her a jackpot so that she could say, "Ah. They missed me." Instead, all she could keep saying was, "Verr-y bed. Verr-y bed. Suck-ah all my money! ↗
The interesting (and sometimes scary) thing about living a purposeful life is you begin to realize that, in a very real way, your life is not your own. You’re not here to just get all the good stuff for yourself — and maybe your loved ones — so you can live a happy, pleasure-filled existence. You are part of a larger organism, a larger system, and all the good that you receive, all the talent you possess, everything that you have, is not for your benefit only — but for the benefit of the whole system. And the more you surrender to this, the more the universe will pour its bounty through you so you can be a bigger giver. ↗
After we eat of the Apple of Knowledge, however, all of us start to be aware of ourselves, and our consciousness starts to be divided from our being. We start to have an image of ourselves which blocks our true expression. How do we go from there? There are two ways of dealing with this situation. The first is to find a self-image one is comfortable with. This is what most people do. It has some advantages since it causes the mind to operate reasonably undisturbed and it brings some peace to most people. People who find and maintain a self-image they are comfortable with are generally known as ‘happy people’. It doesn’t mean a whole lot, because in fact this image they are comfortable with is completely fake. There is another road, the road of learning to get rid of all self-imagery. This is a hard road however and requires one to pretty much battle for the rest of ones life (which isn’t a bad thing at all since the sense and meaning of life are essentially to put up a good battle). One develops techniques to stop identifying with ones self-image. The more these mechanisms behind self-imagery are mastered the more easy it becomes to switch and correct ones identities. At some point we can simply get rid of the self-image and be reborn as the child we once were, but a different child who has the triumph of knowledge in his pocket. ↗
