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A man walks into a New York City bank and says he wants to borrow $2,000 for three weeks. The loan officer asks him what kind of collateral he has. The man says "I've got a Rolls Royce -- keep it until the loan is paid off -- here are the keys." The loan officer promptly has the car driven into the bank's underground parking for safe keeping, and gives the man $2,000.
Three weeks later the man comes into the bank, pays back the $2,000 loan, plus $10 interest, and regains possession of the Rolls Royce. The loan officer asks him, "Sir, if I may ask, why would a man who drives a Rolls Royce need to borrow two thousand dollars?"
The man answers, "I had to go to Europe for three weeks, and where else could I store a Rolls Royce for that long for ten dollars?"
This shows that to win in the stock market, you need 3 things -
(1) To be Decisive even with lack of information
(2) To have a method (be it TA, FA or astrology like newmoon!)
(3) Last but not least .... pure LUCK!!
(1) To be Decisive even with lack of information
(2) To have a method (be it TA, FA or astrology like newmoon!)
(3) Last but not least .... pure LUCK!!
hahaha...
That clever man calculated correctly, but he deliberately bet on something else and wins... hehe... :)
That clever man calculated correctly, but he deliberately bet on something else and wins... hehe... :)
Haha... good joke!
Good characterisation of two people. One that analyses too much that he misses the chance. The other one just jumps in and wins due to pure luck!
IMHO, you need a healthy mix of these 2 characters to be successful in the market.
Good characterisation of two people. One that analyses too much that he misses the chance. The other one just jumps in and wins due to pure luck!
IMHO, you need a healthy mix of these 2 characters to be successful in the market.
A stock analyst and a Wall Street broker went to the races. The broker suggested to bet $10,000 on a horse. The analyst was sceptical, saying that he wanted first to understand the rules, to look on horses, etc. The broker whispered that he knew a secret algorithm for the success, but he could not convince the analyst.
"You are too theoretical," he said and bet on a horse. Surely, that horse came first bringing him a lot of money. Triumphantly, he exclaimed: "I told you, I knew the secret!"
"What is your secret?" the analyst asked.
"It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine."
"But, three and five is eight," the analyst protested.
"I told you, you are too theoretical!" the broker replied, "Haven't I just shown experimentally that my calculation is correct?!"