Australian (ASX) Stock Market Forum

Thought for the day

Bob Marley was once asked if the perfect woman existed. And he replied:
Who cares about perfection?
Even the moon is not perfect, it is full of craters...
 
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Investors tend to over-analyze when stocks are going down (fear) and under-analyze when stocks are going up (FOMO) - Ian Cassel
 
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If you can catch fish in a barrel why go looking for them in the river - Simon Cawkwell on shorting shares.
 
Oh come now we are all equal in all respects. I am a child of a god and the rest of you motley crew are children of a lesser god. You see now that we are all children of god.
 
You may be able to judge a person by who their friends are. In business there is no doubt at all.
 
We all lose money on shares and that is a fact and for very many reasons. Some of us can move on fairly easily and in time it is a near forgotten blur. Others cannot and that is for them, and it remains for them, an unforgotten fact to their detriment and sadly they make it so for others as well.​
 
Unless you mean sometimes and not over time, then that certainly isn't a fact.

It sounded a bit brutal at first but on reflection I'd be totally confident in agreeing that everyone who has invested in shares has lost money.
That doesn't necessarily mean they lost money overall . But the reality of investing and trading is that not every investment is a winner and inevitably there are dogs and disasters. These are the instances of losing money on shares.

However if one fixated on these events, yeah it would be sad. And of course another question is how badly is ones finances affected .:2twocents
 
Fable of the Porcupine


It was the coldest winter ever. Many animals died because of the cold.

The porcupines, realizing the situation, decided to group together to keep warm. This way they covered and
Protected themselves; but the quills of each one wounded their closest companions.


After awhile, they decided to distance themselves one from the other and they began to die, alone and frozen. So they had to make a choice: either accept the quills of their Companions or disappear from the Earth.

Wisely, they decided to go back to being together. They learned to live with the little wounds caused by the close
Relationship with their companions in order to receive the heat that came from the others. This way they were able to survive.

The best relationship is not the one that brings together perfect people, but when each individual learns to live with the imperfections of others and can admire the other person's good qualities.


The moral of the story is:


Just learn to live with the Pricks in your life!


 
What is a machne ? Telling it simply.

Thought this was a brilliant way to capture the difference between just pumping out rote knowledge and communicating an understanding of the subject.

 
Thought provoking.
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The Magic Bank Account

Imagine that you had won the following *PRIZE* in a contest:

Each morning your bank would deposit $86,400.In your private account for your use. However, this prize has Rules:

The Rules:

1. Everything that you didn't spend during each day would be taken away from you.

2. You can't simply transfer money into some other account. You can only spend It.

4. Each morning upon awakening, the bank opens your account with another $86,400 for that Day.

5. The bank can end the game without warning; at any time, it can say, Game Over!" It can close the account and you will not receive a new one.

What would you personally Do?

You would buy anything and everything you wanted right? Not only for yourself, but for all the people you love and care for. Even for people you don't know, because you couldn't possibly spend it all on yourself, right?
You would try to spend every penny, and use it all, because you knew it would be replenished in the morning, right?

ACTUALLY, This GAME is REAL..:cautious:

YES!

Each of us is already a winner Of this *PRIZE*.

But perhaps we don't see it..

The PRIZE is *TIME*

1. Each morning we awaken to Receive 86,400 seconds as a gift of Life.

2. And when we go to sleep at Night, any remaining time disappears.What we haven't used up that Day is forever lost.

4. Yesterday is forever gone.

5. Each morning the account is Refilled, but the bank can dissolve your account at any time WITHOUT WARNING.

SO, what will we do with our 86,400 seconds?

Think about it and remember to enjoy every second of your life, because time races by so much quicker than we think.

So take care of yourself, be Happy, love deeply and enjoy life!

Cheers. :)

Start spending.... and

"DON'T COMPLAIN ABOUT GROWING OLD...!" SOME PEOPLE DON'T GET THAT PRIVILEGE!
 
Maybe you own a property but have you ever thought about how high or low your ownership is. If you have a tree 50 metres high I guess you own the highest branch on it. Do you own 500 metres above and below or 5,000 metres? If the property next doors drills and finds oil but drilling at an angle they strike oil 200 metres underground and venture into your property - do you own the oil and not them?
 
John Newton wrote the song Amazing Grace. He was a slave trader so in theory his song should be banned and in particular withdrawn from many churches in the United States?
John Newton a former slave ship captain describes the space provided for the enslaved people:

They lie...in two rows one above the other, on each side of the ship, close to each other, like books upon a shelf. I have known them so close that the shelf would not easily contain one more. And I have known a white man sent down among the men to lay them in rows to the greatest advantage so that as little space as possible be lost...
And every morning perhaps more instances than one are found of the living and the dead... fastened together.
Thoughts upon the African Slave Trade (1808)

Tortures...Perhaps [the slaves] would wish to spend the rest of their days on ship-board, could they know beforehand the nature of the servitude which awaits them on shore; and that the dreadful hardships and sufferings they have already endured [on the Middle Passage] would, for the most of them, only end in the excessive toil, hunger and the excruciating tortures of the cart-whip, inflicted at the whim of an unfeeling overseer, proud of the power allowed him to punish whom, and when, and how he pleases.
Thoughts upon the African Slave Trade (1808)

John Newton describes a minor an African king who traded in enslaved people:
He "...has been to England, Spain, and Portugal; he has six or seven wives and many sons and daughters;... His riches set him above kings... He is a fat man and fair-spoken, and lives after the manner of the English, having a house well furnished with English goods... He dresses colorfully and commonly uses silver at his table..."
Thoughts upon the African Slave Trade (1808)
Caboceer = ruler, minor king)
 
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