Fear of Cervantesa

"Fear is sharp-sighted, and can see things underground, and much more in the skies"

By Miguel de Cervantesa, A Spanish novelist, poet, and playwright

From Roman to Niagara

"Our Life is what our thoughts make it"

By Marcus Aurelius, A Roman Emperor from 161-180

Instant Profit Opportunity (IPO) Really ?

IPO (INITIAL PUBLIC OFFERING)

The first stock sold by a company when it becomes a publicly traded entity. IPOs receive much more attention than they deserve, in part because the hottest IPOs can make their purchasers a quick profit by soaring soon after trading begins. This was especially true during the heat of the 1998-1999 bull market, when the acronym “IPO” seemed to stand for “Instant Profit Opportunity.” For the most part, though, early gains usually disappear rather quickly. IPOs are risky investments, as they are usually represented by newer companies without proven track records.

Market 1929 - 1998

"The Higher Yield, the cheaper the price; the lower the yield the higher the price"

Market: P/E 7 (Cheap) --> 14 (Average) --> 20 (Expensive)

Market: P/B 1 (Cheap) --> 1.6 (Average) --> 3 (Expensive)

Market: Yield 7% (Cheap) --> 4.5% (Average) --> 2.5 (Expensive)

Bull Market - Growth beat Value

Bear Market - Value beat Growth

I Can Read With My Eyes Shut !

The more that you read,

the more things you will know.

The more that you learn,

the more places you'll go.

By Dr. Seuss, an American writer and cartoonist

Reminiscences of a Stock Operator

"People don't plan to fail, they just fail to plan"

Jesse Livermore, A Legend Stock Trader

ILLUSION of Mr. Market

A spectacular picture of A Rock on the Sea in Burma.

Gorgeous ? Bend your head to the left and see it again !!!

Everything always have 2 side; Good or Bad, Right or Wrong, Left or Right, Black or White. So the market always BULL or BEAR.

There are 2 major style to play in the market. Trading or Investing, however Trading is like a zero sum game; no one get rich except your brokers. Stock price movement is a function of several factors; valuation, future expectations, sentiment and liquidity.

Answer: Mother and a child with hand steeped in prayer

Entrepreneur Power of Thought

"An entrepreneur is someone who dares to dream the dreams and is foolish enough to try to make those dreams come true."

Vinod Khosla, The co-founders and 1st CEO of Sun Microsystems.