“Be Fearful When Others are Greedy and Greedy When Others Are Fearful.” - Warren Buffett, World’s Richest Man
My gf probably thought i was crazy when i called her and said those nonsensical things just now.
But really, economical downturns and financial crisis are when fortunes are really made. It's really a pity i don't have the money and time now.
Look at what Warren Buffet is doing. Acquiring major companies for 'chicken rice money'. Only the brave becomes richer. Dare to venture out and stop limiting yourself.
It's funny why so few people want to take bank loans when the interest rates are so low now, buy stocks when they are so cheap now, and consider so damn much for average priced ones. All the talk about risks, and everyone suddenly let emotions rule over logic. Of course like what Adam always says, use only the money which you don't need. No money stay at home and daydream like me.
Everything's so damn cheap now, and ironically, i was complaining about the sky-high fuel price a few months back. With the major companies like DBS, Citibank, HP all cutting staff, and a looming recession, it's time to strike rich because this will mean a stock market recovery. Most people only look at their daily work as a source of income. Tell me how much you are going to earn with a 5K monthly salary. Yes a comfortable enough life. Yeah maybe i should just live simply. But life as myself only occur once and last probably for 70 years only. I still haven't bungee jump nor skydive yet. If you can take this kind of risks, why not financial ones? Is your life not as important as the money in your pocket?
It's a waste i don't have money now. History will repeat itself. Great depression happened yeah? What happened 10 years down the road? THINGS BECOME NORMAL AGAIN, and the people who dare to risk it are living the chivas life now.
It's really very interesting why i was so enthusiastic about the idea of a bubble tea stall in school especially when it's true that the best time to start a business is during a recession. Maybe it's true. Maybe i am just mad, or just lame as usual. But from the bottom of my heart, i see the potential there.
Scared this scared that. Go home and drink milk la. For those who know how to take advantage of all these, i will see your names on the richest people in town in the future.
And to think i hated maths.
Maybe it's easy for me to say now since i own nothing. If i own those damn shares and had to see the prices drop and drop everyday, i would have been pressurized to sell too. But really la ... the Dow is so low now because everyone only knows how to sell sell sell and sell. To help spread the word, out of the 5 investment banks, chui ones don't say. Left Goldman Sachs and JP Morgan. Survival of the fittest, and when people went through a tough time, they will rise and recover even stronger. Go figure.
My gf probably thought i was crazy when i called her and said those nonsensical things just now.
But really, economical downturns and financial crisis are when fortunes are really made. It's really a pity i don't have the money and time now.
Look at what Warren Buffet is doing. Acquiring major companies for 'chicken rice money'. Only the brave becomes richer. Dare to venture out and stop limiting yourself.
It's funny why so few people want to take bank loans when the interest rates are so low now, buy stocks when they are so cheap now, and consider so damn much for average priced ones. All the talk about risks, and everyone suddenly let emotions rule over logic. Of course like what Adam always says, use only the money which you don't need. No money stay at home and daydream like me.
Everything's so damn cheap now, and ironically, i was complaining about the sky-high fuel price a few months back. With the major companies like DBS, Citibank, HP all cutting staff, and a looming recession, it's time to strike rich because this will mean a stock market recovery. Most people only look at their daily work as a source of income. Tell me how much you are going to earn with a 5K monthly salary. Yes a comfortable enough life. Yeah maybe i should just live simply. But life as myself only occur once and last probably for 70 years only. I still haven't bungee jump nor skydive yet. If you can take this kind of risks, why not financial ones? Is your life not as important as the money in your pocket?
It's a waste i don't have money now. History will repeat itself. Great depression happened yeah? What happened 10 years down the road? THINGS BECOME NORMAL AGAIN, and the people who dare to risk it are living the chivas life now.
It's really very interesting why i was so enthusiastic about the idea of a bubble tea stall in school especially when it's true that the best time to start a business is during a recession. Maybe it's true. Maybe i am just mad, or just lame as usual. But from the bottom of my heart, i see the potential there.
Scared this scared that. Go home and drink milk la. For those who know how to take advantage of all these, i will see your names on the richest people in town in the future.
And to think i hated maths.
Maybe it's easy for me to say now since i own nothing. If i own those damn shares and had to see the prices drop and drop everyday, i would have been pressurized to sell too. But really la ... the Dow is so low now because everyone only knows how to sell sell sell and sell. To help spread the word, out of the 5 investment banks, chui ones don't say. Left Goldman Sachs and JP Morgan. Survival of the fittest, and when people went through a tough time, they will rise and recover even stronger. Go figure.
posted by LAH at
8:58:00 PM
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