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Showing posts with the label unnderstanding

Infinity of Theories

I do love the Stock Markets, all of them.   Why?   Because of the abundance of theories.    Every day, no matter how the market moves there are dozens of pundits offering forth their theory as to why it went down – or up, where it’s going tomorrow or next week, and why it must crash soon or maybe elevate another couple thousand more points.   Ok, this is fine.   But the next day these same folks may expound theories postulating the opposite.   This proves market pundits have no essential understanding of economics as related to the market.   This proves pundits prefer expedience to understanding.   I am constantly besieged by brokerage firms telling me if I would only invest a million, they would help me reach my goals.   If I had this information, how to make a lot of money, I would borrow every cent I could and apply it to making a bunch of money.   I’d not tell a soul. So, why are they trying to help me?   Well, t hey have a  YAT, yet another theory!   Phooey.