Posts
A conversation with a reader:
Reader says...
wish to seek your opinion.
well, currently i have some holding. about 370k and with paper loss 12k
:(
but i have generate 8k dividend + capital gain.
wonder how is your view on coming 12 month on share market.
then i would like to make it as reference to decide sell or hold my position.
AK says...
You would know that there are some questions I won't give a direct answer to.
In many instances, it is because I don't know the answer. ;p
(This is one of those instances.)
In reply to your email, I would say that I am "Eating Bread With Ink Slowly".
If you don't know what I am talking about, (read related post #1 below).
No one knows for sure what will happen in the future.
I would be very wary of anyone who says he knows for sure what is going to happen and claims that he has perfect foresight.
What about AK?
I always tell people that I believe I have mostly been rather lucky.
So, although a good teacher of mine always said that results are due to
七分努力三分运气.
(70% work and 30% luck.)
AK always says his results are due to
三分努力七分运气.
(30% work and 70% luck.)
Bad AK! Bad AK!
No one has perfect foresight.
Although we don't know for sure what will happen in the future, we can all prepare for what might happen in the future.
Remember, we cannot predict but we can certainly prepare.
Related posts:
1. Have peace of mind as an investor?
(Eat Bread With Ink Slowly!)
2. Ready to come out on top?
Bloggy Award
6 comments:
AK, did you lose your bowling ball?
:D
Hi Howard,
You mean my bowling ball that thinks that it's a crystal ball sometimes? Schizophrenic and temperamental too. It has not been very talkative lately. ;p
Why do people ask such questions? Sigh. Sounds like a gambler, not an investor.
Apologies if this sounds rude.
Reader says...
A frend told me about you yesterday and I saw your porfolio update.
Very impressed. You must have very good foresight.
With the trade war ongoing, what do you think stock market is hearding in next 12 months?
AK says...
Welcome to my blog! :D
However, it is unfortunate that the first blog you read was about my investment portfolio. :p
You should read my other blog posts like this one first. ;)
Hi AK,
My take is that no one can predict exactly what will happen in the future. I think that it's better to keep a low profile on the prediction if possible. One should make his/her decision based on the prevailing circumstance and the best of his/her ability. He/She should be responsible for the outcome of the decision.
Ben
Hi Ben,
Of course, some might say that I am just being lazy. :p
Seriously, I will leave the predicting to people who think they can do it. ;)
Post a Comment