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InvestmentRe: Stock Performance From 2000/2003 To Date by spinoff: 10:23am On May 31, 2016
manie:
Thanks for digging out this thread, are you into stock market investment.
Yes Manie. Finally put the dough where my mouth is (NSE) this March. Hell of a thread you spun here- ageless and inexhaustible insights. Thanks.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 10:52am On May 30, 2016
https://www.nairaland.com/1233138/stock-performance-2000-2003-date/1
Nice thread FYI. Not too bad to ponder through the holz.
InvestmentRe: Stock Performance From 2000/2003 To Date by spinoff: 10:32am On May 30, 2016
manie:
This is the historical performance of the All Share Index from 1984 to date


Year ASI % gain or loss 1984 105 5 1985 127 21 1986 163 28 1987 190 16 1988 233 23 1989 325 39 1990 513 58 1991 783 53 1992 1107 41 1993 1543 39 1994 2205 43 1995 5092 131 1996 6992 37 1997 6440 (cool 1998 5672 (12) 1999 5266 (7) 2000 8111 54 2001 10963 35 2002 12137 11 2003 20129 66 2004 23844 18 2005 24085 1 2006 33189 38 2007 57990 74 2008 31450 (46) 2009 20827 (33) 2010 24770 19 2011 20730 (16) 2012 28079 35
Nice thread.
InvestmentRe: Stock Performance From 2000/2003 To Date by spinoff: 10:31am On May 30, 2016
manie:
This is the historical performance of the All Share Index from 1984 to date


Year ASI % gain or loss 1984 105 5 1985 127 21 1986 163 28 1987 190 16 1988 233 23 1989 325 39 1990 513 58 1991 783 53 1992 1107 41 1993 1543 39 1994 2205 43 1995 5092 131 1996 6992 37 1997 6440 (cool 1998 5672 (12) 1999 5266 (7) 2000 8111 54 2001 10963 35 2002 12137 11 2003 20129 66 2004 23844 18 2005 24085 1 2006 33189 38 2007 57990 74 2008 31450 (46) 2009 20827 (33) 2010 24770 19 2011 20730 (16) 2012 28079 35
Nice thread.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 12:12pm On May 27, 2016
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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 12:07pm On May 27, 2016
Agbalowomeri:
Must bull continue in a straight line, pull backs are normal
Taking breathers is natural and to be expected. The dark clouds of uncertainties and fears of the last 12 months are being largely cleared and so the current 'bull' run. The broad short/medium-term trend certainly points upward still, short of political/policy reversal shocks, I think. Stay green.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 3:09pm On May 26, 2016
Already playing at a boxoffice near you.
NSE Unshackled- Ascent From Hades (Q2 2016).
Another tale possibly for your grandkids. Watch out for the bumps.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 3:25pm On May 25, 2016
Green all day. Falcon 9-fired & hurtled non-stop through the 27,000 range.

NGSEINDX:IND
^28,260.61
+1,029.11
up 3.78%

Jeeeezus, the notorious Just please us with Your lyrical thesis
We just chillin, milk 'em top billin'...........


Going to be some ride. Don't get carried away & lose your leash, meanwhile. G'luck
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 5:45pm On May 21, 2016
PETERiCHY:
A Way Forward
It is now evident that the naira is overvalued and will continue to depreciate unless the supply-demand dynamics are adjusted and the domestic manufacturing industry becomes competitive on the international front.

First on the list is subsidy removal. Removal of the fuel subsidy will reduce the import bill by 21% as well as the importation of refined crude products, as importers will have to bear the cost of oil price volatility and exchange rate depreciation.

In conclusion, the weakening of the naira is partly as a result of internal imbalances arising from import dependence, an uncompetitive manufacturing industry and over-reliance on oil for foreign earnings. Taken together, if these issues are eliminated simultaneously by removing the fuel subsidy, encouraging the manufacturing sector and adopting a free floating exchange rate, the naira will be on track to recovery and trading at a fair value.

http://www.proshareng.com/news/28317.html
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 4:41pm On May 21, 2016
ogadeolu:
What most investors dont knw is that the market will still continue to go down, while those who have hot blood will continue to average down and manage their loses, but the calm, cool and collected investors will wait for the falling knife to hit the ground and a good sign of reversal, they will plung into the market and ride the bull back up, wait till when FBNH is about 5naira, Access about 2.5, UBA about 2.0, Oando about 7naira, then u will knw what is up......my advice is that set your stop loss if you are not for long term as in if u are a JIJO master and when it is hit, dash out and run like ur tail is on fire, if u are for long term, keep smiling and wait a bit further to jump on some juicy stocks and then ride the bull up.
Invest wisely, life is money.........
Just for perspective. A view from Aug 2015 during the catharsis that lasted till last week. With the current fresh market turn, the market having plumbed and dwelled much below even the sad forecast scenarios above, the present green shoots can only all but thrive, lurking devaluation shocks notwithstanding (what with the passage of an unusually serious & ambitious budget ). Fingers crossed for the next 18 months.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 3:33pm On May 01, 2016
Buffet says hedge funds are a bad deal for investors

http://mobile.reuters.com/article/idUSKCN0XR0OO

The 2008 meltdown demystified a lot of fancy financial stuffs. An endless hangover hitting the industry.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 3:21pm On May 01, 2016
Shale 'threat' ebbing & seriously decimated for now. Rosy outlook from here on, @ least for the next 3 quarters unless, though unlikely, global economy (China? US? or ??) gets heavily tripped.

Q1 2016 surely was one quarter from h*ll. We seem past the worst- can only get better for now, fingers crossed.

http://mobile.reuters.com/article/newsOne/idUSKCN0XS0U4
Nairaland GeneralIBM Launches New Cloud Services For Blockchain by spinoff(op): 5:31pm On Apr 29, 2016
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 12:51pm On Apr 26, 2016
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 2:19pm On Apr 18, 2016
ifeykay:
Peterichy,
It seems you got this one wrong again.
On Friday there was a notification from NSE for the planned Disaster recovery test on Saturday. This kind of test could be likened to a fire drill test which tests the reaction when there is real fire. In this case NSE has gone through that test which like any Disaster recovery outcome reveals preparedness or lack of it in real disaster. From the spillover of the system been down this morning only confirms NSE's unpreparedness in the event of disaster rather than manipulation as suggested in your post.
Remember our words define who we are. Write with verifiable facts.
PoliticsRe: Currency Deal With China: Things To Know by spinoff: 4:40pm On Apr 15, 2016
989900B:
Just so we set some things straight for the naysayers:

1. If we have xbillion amount of dollars in our reserves, it does not literally mean it's all in US dollars.

2. Even from before, we did keep some Yuan in our 'basket of currencies'.

3. We keep other currencies like GBP, Euro and some few other currencies, and gold too, they are all part of the 'reserves'.

4. We are only increasing our Yuan reserves, and trading directly, rather than going via the $ route (which is a better thing for our economy, considering we have a huge trade volume to and from China . . . times are changing, it's not like the 70s,80s, or 90s . . . the world's trade and ours from then has greatly changed. We can't be applying the monetary policies of 30 years ago in a fast evolving world -- we've gotta evolve with it).

5. China is fast becoming the country with the most investments in Africa, with Nigeria one of it's favourite destination.

6. ATM, the dollar is too strong for it's own good, and the US is worried about that too -- they'r slowly feeling the effect.

7. With the huge trade volume between both countries, it's actually stark insanity NOT to do what PMB just did with China.

8. China's loan rates are one of the cheapest in the world -- every one is borrowing from them -- the UK owes them BILLIONS ($), the US borrowed TRILLIONS ($) from them!

9. China's investment in Africa and Nigeria is estimated to triple in few years.

10 Having a good chunk of our reserves in Yuan, with the amount of imports from there, would help ease the pressure between the Naira and the dollar.

For those who worry about local manufacturing and diversification of the economy, the deal with China as regards major projects such as the 4,000 MW power plant amongst other alternative power solutions, and railway, and refineries, are just the ingredients you need to diversify.

ATEOTD, it is more about policies/laws, leadership and accountability, and if we get it right even them Chinese factories we buy from, will relocate here.
EducationRe: How To Tell If A Number Is Divisible By Another Number by spinoff: 5:01am On Apr 12, 2016
Nice. Wonder what number theory will look like if humans had other than 10 digits (fingers/toes) for counting. Probably same. essentially. One hell of order surely lies under it.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:47am On Apr 10, 2016
www.businessinsider.com/things-everyone-should-know-about-investing-and-the-economy-2014-12

122 . Take two investors. One is an MIT rocket scientist who aced his SATs and can recite pi out to 50 decimal places. He trades several times a week, tapping his intellect in an attempt to outsmart the market by jumping in and out when he's determined it's right. The other is a country bumpkin who didn't attend college. He saves and invests every month in a low-cost index fund come hell or high water. He doesn't care about beating the market. He just wants it to be his faithful companion. Who's going to do better in the long run? I'd bet on the latter all day long. "Investing is not a game where the guy with the 160 IQ beats the guy with a 130 IQ," Warren Buffett says. Successful investors know their limitations, keep cool, and act with discipline.

http://www.fool.com/investing/general/2014/12/12/122-things-everyone-should-know-about-investing-an.aspx
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:42am On Apr 10, 2016
www.businessinsider.com/things-everyone-should-know-about-investing-and-the-economy-2014-12

100.And what Marty Whitman says about information: "Rarely do more than three or four variables really count. Everything else is noise."
101.Among Americans aged 18 to 64, the average number of doctor visits decreased from 4.8 in 2001 to 3.9 in 2010. This is partly because of the weak economy, and partly because of the growing cost of medicine, but it has an important takeaway: You can never extrapolate behavior -- even for something as vital as seeing a doctor -- indefinitely. Behaviors change.
102.Since last July, elderly Chinese can sue their children who don't visit often enough, according to Bloomberg. Dealing with an aging population calls for drastic measures.
103.Someone once asked Warren Buffett how to become a better investor. He pointed to a stack of annual reports. "Read 500 pages like this every day," he said. "That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it."
104. If Americans had as many babies from 2007 to 2014 as they did from 2000 to 2007, there would be 2.3 million more kids today. That will affect the economy for decades to come.
105.The Congressional Budget Office's 2003 prediction of federal debt in the year 2013 was off by $10 trillion. Forecasting is hard. But we still line up for it.
106. According toTheWall Street Journal, in 2010, "for every 1% decrease in shareholder return, the average CEO was paid 0.02% more."
107.Since 1994, stock market returns are flat if the three days before the Federal Reserve announces interest rate policy are removed, according to a study by the Federal Reserve.
108.In 1989, the CEOs of the seven largest U.S. banks earned an average of 100 times what a typical household made. By 2007, more than 500 times. By 2008, several of those banks no longer existed.
109.Two things make an economy grow: population growth and productivity growth. Everything else is a function of one of those two drivers.
110.The single most important investment question you need to ask yourself is, "How long am I investing for?" How you answer it can change your perspective on everything.
111."Do nothing" are the two most powerful -- and underused -- words in investing. The urge to act has transferred an inconceivable amount of wealth from investors to brokers.
112. Apple increased more than 6,000% from 2002 to 2012, but declined on 48% of all trading days. It is never a straight path up.
113.It's easy to mistake luck for success.J.Paul Getty said, the key to success is: 1) rise early, 2) work hard, 3) strike oil.
114.Dan Gardner writes, "No one can foresee the consequences of trivia and accident, and for that reason alone, the future will forever be filled with surprises."
115.I once asked Daniel Kahneman about a key to making better decisions. "You should talk to people who disagree with you and you should talk to people who are not in the same emotional situation you are," he said. Try this before making your next investment decision.
116. No one on the Forbes 400 list of richest Americans can be described as a "perma-bear." A natural sense of optimism not only healthy, but vital.
117.Economist Alfred Cowles dug through forecasts a popular analyst who "had gained a reputation for successful forecasting" made inThe Wall Street Journalin the early 1900s. Among 90 predictions made over a 30-year period, exactly 45 were right and 45 were wrong. This is more common than you think.
118.Since 1900, the S&P 500 has returned about 6.5% per year, but the average difference between any year's highest close and lowest close is 23%. Remember this the next time someone tries to explain why the market is up or down by a few percentage points. They are basically trying to explain why summer came after spring.
119.How long you stay invested for will likely be the single most important factor determining how well you do at investing.
120.A money manager's amount of experience doesn't tell you much. You can underperform the market for an entire career. Many have.
121 . A hedge fund once described its edge by stating, "We don't own one Apple share. Every hedge fund owns Apple." This type of simple, contrarian thinking is worth its weight in gold in investing.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:34am On Apr 10, 2016
www.businessinsider.com/things-everyone-should-know-about-investing-and-the-economy-2014-12

75.Cognitive psychologists have a theory called "backfiring." When presented with information that goes against your viewpoints, you not only reject challengers, but double down on your view. Voters often view the candidate they support more favorably after the candidate is attacked by the other party. In investing, shareholders of companies facing heavy criticism often become die-hard supporters for reasons totally unrelated to the company's performance.
76."In the financial world, good ideas become bad ideas through a competitive process of 'can you top this?'" Jim Grant once said. A smart investment leveraged up with debt becomes a bad investment very quickly.
77.Remember what Wharton professor Jeremy Siegel says: "You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds [after inflation]. So which is the riskier asset?"
78. Warren Buffett's best returns were achieved when markets were much less competitive. It's doubtful anyone will ever match his 50-year record.
79.Twenty-five hedge fund managers took home $21.2 billion in 2013 for delivering an average performance of 9.1%, versus the 32.4% you could have made in an index fund. It's a great business to work in -- not so much to invest in.
80.The United States is the only major economy in which the working-age population is growing at a reasonable rate. This might be the most important economic variable of the next half-century.
81. Most investors have no idea how they actually perform. Markus Glaser and Martin Weber of the University of Mannheim asked investors how they thought they did in the market, and then looked at their brokerage statements. "The correlation between self ratings and actual performance is not distinguishable from zero," they concluded.
82. Harvard professor and former Treasury Secretary Larry Summers says that "virtually everything I taught" in economics was called into question by the financial crisis.
83. Asked about the economy's performance after the financial crisis, Charlie Munger said, "If you're not confused, I don't think you understand."
84.There is virtually no correlation between what the economy is doing and stock market returns. According to Vanguard, rainfall is actually a better predictor of future stock returns than GDP growth. (Both explain slightly more than nothing.)
85.You can control your portfolio allocation, your own education, who you listen to, what you read, what evidence you pay attention to, and how you respond to certain events. You cannot control what the Fed does, laws Congress sets, the next jobs report, or whether a company will beat earnings estimates. Focus on the former; try to ignore the latter.
86.Companies that focus on their stock price will eventually lose their customers. Companies that focus on their customers will eventually boost their stock price. This is simple, but forgotten by countless managers.
87.Investment bank Dresdner Kleinwort looked at analysts' predictions of interest rates, and compared that with what interest rates actually did in hindsight. It found an almost perfect lag. "Analysts are terribly good at telling us what has just happened but of little use in telling us what is going to happen in the future," the bank wrote. It's common to confuse the rearview mirror for the windshield.
88.Success is a lousy teacher," Bill Gates once said. "It seduces smart people into thinking they can't lose."
89.Investor Seth Klarman says, "Macro worries are like sports talk radio. Everyone has a good opinion which probably means that none of them are good."
90. Several academic studies have shown that those who trade the most earn the lowest returns. Remember Pascal's wisdom: "All man's miseries derive from not being able to sit in a quiet room alone."
91.The best company in the world run by the smartest management can be a terrible investment if purchased at the wrong price.
92.There will be seven to 10 recessions over the next 50 years. Don't act surprised when they come.
93.No investment points are awarded for difficulty or complexity. Simple strategies can lead to outstanding returns.
94.The president has much less influence over the economy than people think.
95.However much money you think you'll need for retirement, double it. Now you're closer to reality.
96.For many, a house is a large liability masquerading as a safe asset.
97.The single best three-year period to own stocks was during the Great Depression. Not far behind was the three-year period starting in 2009, when the economy struggled in utter ruin. The biggest returns begin when most people think the biggest losses are inevitable.
98.Remember what Buffett says about progress: "First come the innovators, then come the imitators, then come the idiots."
99.And what Mark Twain says about truth: "A lie can travel halfway around the world while truth is putting on its shoes."
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:30am On Apr 10, 2016
www.businessinsider.com/things-everyone-should-know-about-investing-and-the-eco

51.The "evidence is unequivocal," Daniel Kahneman writes, "there's a great deal more luck than skill in people getting very rich."
52.There is a strong correlation between knowledge and humility. The best investors realize how little they know.
53.Not a single person in the world knows what the market will do in the short run.
54.Most people would be better off if they stopped obsessing about Congress, the Federal Reserve, and the president, and focused on their own financial mismanagement.
55.In hindsight, everyone saw the financial crisis coming. In reality, it was a fringe view before mid-2007. The next crisis will be the same (they all work like that).
56. There were 272 automobile companies in 1909. Through consolidation and failure, three emerged on top, two of which went bankrupt. Spotting a promising trend and a winning investment are two different things.
57.The more someone is on TV, the less likely his or her predictions are to come true. (University of California, Berkeley psychologist Phil Tetlock has data on this).
58.Maggie Mahar once wrote that "men resist randomness, markets resist prophecy." Those six words explain most people's bad experiences in the stock market.
59."We're all just guessing, but some of us have fancier math," writes Josh Brown.
60.When you think you have a great idea, go out of your way to talk with someone who disagrees with it. At worst, you continue to disagree with them. More often, you'll gain valuable perspective. Fight confirmation bias like the plague.
61.In 1923, nine of the most successful U.S. businessmen met in Chicago. Josh Brown writes:
Within 25 years, all of these great men had met a horrific end to their careers or their lives:
The president of the largest steel company, Charles Schwab, died a bankrupt man; the president of the largest utility company, Samuel Insull, died penniless; the president of the largest gas company, Howard Hobson, suffered a mental breakdown, ending up in an insane asylum; the president of the New York Stock Exchange, Richard Whitney, had just been released from prison; the bank president, Leon Fraser, had taken his own life; the wheat speculator, Arthur Cutten, died penniless; the head of the world's greatest monopoly, Ivar Krueger the 'match king' also had taken his life; and the member of President Harding's cabinet, Albert Fall, had just been given a pardon from prison so that he could die at home.
62.Try to learn as many investing mistakes as possible vicariously through others. Other people have made every mistake in the book. You can learn more from studying the investing failures than the investing greats.
63.Bill Bonner says there are two ways to think about what money buys. There's the standard of living, which can be measured in dollars, and there's the quality of your life, which can't be measured at all.
64.If you're going to try to predict the future -- whether it's where the market is heading, or what the economy is going to do, or whether you'll be promoted -- think in terms of probabilities, not certainties. Death and taxes, as they say, are the only exceptions to this rule.
65.Focus on not getting beat by the market before you think about trying to beat it.
66. Polls showAmericans for the last 25 years have said the economy is in a state of decline. Pessimism in the face of advancement is the norm.
67.Finance would be better if it was taught by the psychology and history departments at universities.
68.According to economist Tim Duy, "As long as people have babies, capital depreciates, technology evolves, and tastes and preferences change, there is a powerful underlying impetus for growth that is almost certain to reveal itself in any reasonably well-managed economy."
69.Study successful investors, and you'll notice a common denominator: they are masters of psychology.They can't control the market, but they have complete control over the gray matter between their ears.
70.In finance textbooks, "risk" is defined as short-term volatility. In the real world, risk is earning low returns, which is often caused by trying to avoid short-term volatility.
71.Remember what Nassim Taleb says about randomness in markets: "If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull -- you don't even know how many sides the dice have!"
72.The S&P 500 gained 27% in 1998. But just five stocks -- Dell, Lucent,Microsoft,Pfizer, andWal-Mart-- accounted for more than half the gain. There can be huge concentration even in a diverse portfolio.
73. The odds that at least one well-known company is insolvent and hiding behind fraudulent accounting are pretty high.
74.The bookWhere Are the Customers' Yachts? was written in 1940, and most people still haven't figured out that brokers don't have their best interest at heart.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:29am On Apr 10, 2016
www.businessinsider.com/things-everyone-

25. John Reed once wrote, "When you first start to study a field, it seems like you have to memorize a zillion things. You don't. What you need is to identify the core principles -- generally three to twelve of them -- that govern the field. The million things you thought you had to memorize are simply various combinations of the core principles." Keep that in mind when getting frustrated over complicated financial formulas.
26. James Grant says, "Successful investing is about having people agree with you ... later."
27.Scott Adams writes, "A person with a flexible schedule and average resources will be happier than a rich person who has everything except a flexible schedule. Step one in your search for happiness is to continually work toward having control of your schedule."
28.According to Vanguard, 72% of mutual funds benchmarked to theS&P 500underperformed the index over a 20-year period ending in 2010. The phrase "professional investor" is a loose one.
29."If your investment horizon is long enough and your position sizing is appropriate, you simply don't argue with idiocy, you bet against it," writes Bruce Chadwick.
30.The phrase "double-dip recession" was mentioned 10.8 million times in 2010 and 2011, according toGoogle. It never came. There were virtually no mentions of "financial collapse" in 2006 and 2007. It did come. A similar story can be told virtually every year.
31. According to Bloomberg, the 50 stocks in the S&P 500 that Wall Street rated the lowest at the end of 2011 outperformed the overall index by 7 percentage points over the following year.
32."The big money is not in the buying or the selling, but in the sitting," said Jesse Livermore.
33. Investors want to believe in someone. Forecasters want to earn a living. One of those groups is going to be disappointed. I think you know which.
34.In a poll of 1,000 American adults, asked, "How many millions are in a trillion?" 79% gave an incorrect answer or didn't know. Keep this in mind when debating large financial problems.
35.As last year'sBerkshire Hathawayshareholder meeting, Warren Buffett said he has owned 400 to 500 stocks during his career, and made most of his money on 10 of them. This is common: a large portion of investing success often comes from a tiny proportion of investments.
36.Wall Street consistently expects earnings to beat expectations. It also loves oxymorons.
37.The S&P 500 gained 27% in 2009 -- a phenomenal year. Yet 66% of investors thought it fell that year, according to a survey by Franklin Templeton. Perception and reality can be miles apart.
38.As Nate Silver writes, "When a possibility is unfamiliar to us, we do not even think about it." The biggest risk is always something that no one is talking about, thinking about, or preparing for. That's what makes it risky.
39.The next recession is never like the last one.
40.Since 1871, the market has spent 40% of all years either rising or falling more than 20%. Roaring booms and crushing busts are perfectly normal.
41.As the saying goes, "Save a little bit of money each month, and at the end of the year you'll be surprised at how little you still have."
42.John Maynard Keynes once wrote, "It is safer to be a speculator than an investor in the sense that a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware."
43."History doesn't crawl; it leaps," writes Nassim Taleb. Events that change the world -- presidential assassinations, terrorist attacks, medical breakthroughs, bankruptcies -- can happen overnight.
44.Our memories of financial history seem to extend about a decade back. "Time heals all wounds," the saying goes. It also erases many important lessons.
45.You are under no obligation to read or watch financial news. If you do, you are under no obligation to take any of it seriously.
46.The most boring companies -- toothpaste, food, bolts -- can make some of the best long-term investments. The most innovative, some of the worst.
47.In a 2011 Gallup poll, 34% of Americans said gold was the best long-term investment, while 17% said stocks. Since then, stocks are up 87%, gold is down 35%.
48.According to economist Burton Malkiel, 57 equity mutual funds underperformed the S&P 500 from 1970 to 2012. The shocking part of that statistic is that 57 funds could stay in business for four decades while posting poor returns. Hope often triumphs over reality.
49.Most economic news that we think is important doesn't matter in the long run. Derek Thompson ofThe Atlanticonce wrote, "I've written hundreds of articles about the economy in the last two years. But I think I can reduce those thousands of words to one sentence.Things got better, slowly."
50.A broad index of U.S. stocks increased 2,000-fold between 1928 and 2013, but lost at least 20% of its value 20 times during that period. People would be less scared of volatility if they knew how common it was.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:28am On Apr 10, 2016
www.businessinsider.com/things-everyone-should-know-about-investing-and-

A year ago I started writing what I hoped would be a book called500 Things you Need to know About Investing. I wanted to outline my favorite quotes, stats, and lessons about investing.
I failed. I quickly realized the idea was long on ambition, short on planning.
But I made it to 122, and figured it would be better in article form. Here it is.
1. Saying "I'll be greedy when others are fearful" is easier than actually doing it.
2. When most people say they want to be a millionaire, what they really mean is "I want to spend $1 million," which is literally the opposite of being a millionaire.
3."Some stuff happened" should replace 99% of references to "it's a perfect storm."
4.Daniel Kahneman's bookThinking Fast and Slowbegins, "The premise of this book is that it is easier to recognize other people's mistakes than your own." This should be every market commentator's motto.
5. Blogger Jesse Livermore writes, "My main life lesson from investing: self-interest is the most powerful force on earth, and can get people to embrace and defend almost anything."
6.As Erik Falkenstein says: "In expert tennis, 80% of the points are won, while in amateur tennis, 80% are lost. The same is true for wrestling, chess, and investing: Beginners should focus on avoiding mistakes, experts on making great moves."
7.There is a difference between, "He predicted the crash of 2008," and "He predicted crashes, one of which happened to occur in 2008." It's important to know the difference when praising investors.
8. Investor Dean Williams once wrote, "Confidence in a forecast rises with the amount of information that goes into it. But the accuracy of the forecast stays the same."
9.Wealth is relative. As comedian Chris Rock said, "If Bill Gates woke up with Oprah's money he'd jump out the window."
10.Only 7% of Americans know stocks rose 32% last year, according to Gallup. One-third believe the market either fell or stayed the same. Everyone is aware when markets fall; bull markets can go unnoticed.
11.Dean Williams once noted that "Expertise is great, but it has a bad side effect: It tends to create the inability to accept new ideas." Some of the world's best investors have no formal backgrounds in finance -- which helps them tremendously.
12.TheFinancial Timeswrote, "In 2008 the three most admired personalities in sport were probably Tiger Woods, Lance Armstrong and Oscar Pistorius." The same falls from grace happen in investing. Chose your role models carefully.
13.Investor Ralph Wagoner once explained how markets work, recalled by Bill Bernstein: "He likens the market to an excitable dog on a very long leash in New York City, darting randomly in every direction. The dog's owner is walking from Columbus Circle, through Central Park, to the Metropolitan Museum. At any one moment, there is no predicting which way the pooch will lurch. But in the long run, you know he's heading northeast at an average speed of three miles per hour. What is astonishing is that almost all of the market players, big and small, seem to have their eye on the dog, and not the owner."
14.Investor Nick Murray once said, "Timing the market is a fool's game, whereas time in the market is your greatest natural advantage." Remember this the next time you're compelled to cash out.
15.Bill Seidman once said, "You never know what the American public is going to do, but you know that they will do it all at once." Change is as rapid as it is unpredictable.
16.Napoleon's definition of a military genius was, "the man who can do the average thing when all those around him are going crazy." Same goes in investing.
17.Blogger Jesse Livermore writes,"Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion."
18. Investors anchor to the idea that a fair price for a stock must be more than they paid for it. It's one of the most common, and dangerous, biases that exists. "People do not get what they want or what they expect from the markets; they get what they deserve," writes Bill Bonner
19.Jason Zweig writes, "The advice that sounds the best in the short run is always the most dangerous in the long run."
20. Billionaire investor Ray Dalio once said, "The more you think you know, the more closed-minded you'll be." Repeat this line to yourself the next time you're certain of something.
21.During recessions, elections, and Federal Reserve policy meetings, people become unshakably certain about things they know very little about.
22. "Buy and hold only works if you do both when markets crash. It's much easier to both buy and hold when markets are rising," says Ben Carlson.
23.Several studies have shownthat people prefer a pundit who is confident to one who is accurate. Pundits are happy to oblige.
24.According to J.P. Morgan, 40% of stocks have suffered "catastrophic losses" since 1980, meaning they fell at least 70% and never recovered.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 9:08am On Apr 07, 2016
Manonamission:
You will make it in this market. wink

For the records, donofdons got this call right. He probably had privileged info truly but I'll strongly suggest everyone treads with caution still. Hopefully your fans will pardon me for this repetition. It's just my opinion. Learn how to dine with the devil if you must.
Character is like a perfume, it announces the arrival of an individual and lingers after he/she is gone.

@donofdons; What's themosthigh, Kuwaitboy, Chinaimporter and counting all about?

#deception
PoliticsRe: Buhari And Fuel Scarcity: See How The WOMAN In Diezani Was Portrayed By A Fan by spinoff: 11:22am On Apr 05, 2016
obailala:
"Feasts are made for laughter, wine makes life merry, but money is the answer for everything" - Ecc 10:19

ANYTHING can be bought with money; after splashing N2.13Trillion on petroleum importers in 2011 alone, even the devil himself couldn't have stopped fuel from being available in those locust years. The situation has changed today; there is no money to splash around and the people in authority aren't willing to splash money (even if there was).
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 9:27am On Apr 04, 2016
ExLaidback:
grin



Sure, only I don't know where to start.

People like Megainvest, NuttyChoky, Intendy, Raider76, Mercylicious and some others here are in a better position to answer this. There's another guy who's moniker I've forgotten.

But I'll just give you my brief answer as I know am reach for now. I've come into stock trading with a background in Engr not economics so... Anyway, the two most basic skills I believe you should have are Analysing Balance Sheets/Annual reports and trend analysis/pattern recognition skills. I've found the two, very key skills. They entail a lot when you break them down. People generally say technical and fundamental stock analysis. But without being too esoteric, I think one can start with these.

There are so so many things that can affect the price of a stock. So many. Economic policies, business news, fraud, deaths, appointments, new products, new competitors, profit, loss, war, time of the year etc. You have to be aware of how many indices may be playing on a SP at a given time t.

There are resources on the internet anyway. Of course we learn everyday and continue learning some more. I only started making money in stocks recently after taking it more seriously. The thing fit frustrate you if you'Re not careful o. So ...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:31am On Mar 30, 2016
PETERiCHY:
http://www.independent.co.uk/news/business/news/chinese-stock-market-has-lost-15-trillion-in-the-last-three-weeks-10364066.html


I have said it on several occasions that globally Capital market is one of the most organised gambling platform.

In other words don't invest what you cant afford to lose unless you have an inside information.

90% lose their fund.
6% are inside traders.
4% are die-hard traders cum investors.

Still waiting for dollar at 300junction. QED
From july '15 amid worsening market through last month. Emphasis on staking only what can be borne in loss. G'luck
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 9:17am On Mar 30, 2016
soloniger:
Permit me to give you these words of wisdom. It will also be a great blessing to you. Please read and meditate on them:

1. ON EARNING:
Never depend on single income. Make investment to create a second chance.

2. ON SPENDING:
If you buy things you do not need, soon you will have to sell things you need.

3. ON SAVINGS:
Do not save what is left after spending, but spend what is left after saving.

4. ON TAKING RISK:
Never test the depth of a river with both feet.

5. ON INVESTMENT:
Do not put all eggs in one basket.

6. ON EXPECTATIONS:
Honesty is a very expensive gift. Do not expect it from cheap people.

7. IF YOU are depressed, you are living in the past. If you are anxious, you are living in the future. If you are at peace, you are living in the present. Past is a waste paper. Present is a newspaper and future is a question paper.

8. WHEN bad things happen in your life you have three choices. You can either let it define you, let it destroy you or you can let it strengthen you.

9. EMPTY pockets teach you a million things in life but full pockets spoil you in a million ways.

10. OUR EYES are in the front because it is more important to look ahead than to look back.

11. WE USED a pencil when we were small but now we use pens... do you know why? Because mistakes in childhood can be erased but not now.
So read and write carefully otherwise life will be a tissue paper.
Hope you are blessed. Bless others. Enjoy the weekend.
BusinessRe: Forex Trading Alerts - Season 16 by spinoff: 8:53pm On Mar 27, 2016
amolak:
Sunday Nuggets

"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring". George Soros

"Good traders offer no excuses, make no complaints. They live willingly with the vagaries of life and the markets". Peter Steidlmayer


"A trader is the weakest link of any trading system". Alexander Elder


"In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten". Peter Lynch


"I am no better than the next trader, just quicker at realizing my losses and moving on to the next trade". George Soros



"Only when the tide goes out do you discover who’s been swimming naked". Warren Buffett

"Never assume that the unreasonable or the unexpected cannot happen. It can. It does. It will". Peter Steidlmayer


"A trader should have no opinion. The stronger your opinion, the harder it is to get out of a losing position". Paul Rotter


"The biggest secret about success is that there isn’t any big secret about it, or if there is, then it’s a secret from me, too. The idea of searching for some secret for trading success misses the point". Ed Seykota


"The worst thing you can do is not to try". Linda Bradford Raschke


"If you have an approach that makes money, then money management can make the difference between success and failure... ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential". Monroe Trout

That one is ok, till next sunday
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 8:43pm On Mar 25, 2016
Sokijosh:
If you don't know who you are, the stock market is an expensive place to find out. - George Goodman (aka Adam Smith)
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by spinoff: 8:42pm On Mar 25, 2016
Sokijosh:
In this game, the market has to keep pitching, but you don't have to swing. You can stand there with the bat on your shoulder for six months until you get a fat pitch. - Warren Buffet

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