Tuesday, March 30, 2010

Ticker is God...

During one of our finance courses, while appreciating the power of markets, Our prof who is not very conversant with Gujrati said, "Pattiya bhagwan che". i.e Ticker is God. A simple line that holds a deep meaning. So deep that it transcends language, culture and way of thinking.

It says that  "Markets are never wrong, Opinions are".

But is it not too easy for the market????
Everybody tells their opinion by buying or selling, markets just do a sum total and hands out a verdict.

Its the investor who try and guess this sum total, falter or make money, consider markets their bread earner, and treat it like god.

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