What Ben Bernanke and Other Central Bankers Know that we do not know?
August 3,
2013
What
Ben Bernanke and Other Central Bankers Know that we do not know?
Greetings
from Hitesh! Another volatile and most eventful week is over. Many times we
hear Buffett, Paul Krugmen, Marc Faber, Jim Rogers and other experts on the bad
effects of the money printing by FED, Euorpe, Japan and other countries in the
long run.
With the
passage of time, now common people with little back ground in economics have
also started understanding the bad effects it can cause on their wealth and
over all quality of life going forward.
Many
times following questions pops up from my mind….
1. How
come Ben and other bankers are not listening to the experts and common man?
2.
Politicians world over has the most wealth and most wasted interest in keeping
themselves wealthy weather they are in power or not. By doing what they are
doing now…..how their wealth will be affected going forward?
3. Where
are they investing or in which form they are keeping their money? So they are
not bothered if the value of currency remains stable or not. All asset classes
be it gold, silver, commodities, shares, Real estates are down. Even bond
considered 100% safe has also lost. The legendary Bill Gross of PIMCO has also
lost money.
4. If the
Central Bankers understand and still they are printing money……What is their
purpose? Who is forcing them to do such nonsense? In short, why they are doing
what they are doing?
Our
Answers:-
Frankly,
I do not have the factual answers of the questions mentioned above. However, I
see them in different perspective.
No
Complain Attitude:-
I have no
complains against Policy Makers, Politicians, Corporate Investors, Bankers,
More informed investors, Mutual funds investors, FIIs, Big Investors and my
fellow investors.
They are
part of my system. I know one thing very clearly…..as and when I blame any one
of them for my failure….my conviction in my skills and my confidence in my
abilities to make money will go down!! If you complain, subconsciously, you are
telling yourself that you can not win this game as you are playing against big
guys. This is the prime reason for the failure in the market.
Master
Your Own System and Improve It Continuously:-
You need
minimum 30 trades to get the grasp of any system. When you complete the 30
trades, you have sufficient data to analyze yourself and your system V/s. Market
and big players.
Most of
the guys, I come across, would evaluate the system by 1st trade only…..if
what they have bought…..goes up….the system is right!! These guys do not last long
in the market and even if they remain….they never make much money. It’s a time
pass activity rather than serious money making business.
Work
Ethics: -
While
approaching the market everyday I remind myself about following work ethics. It
has been said by St. Francis of Assisi.
“Start
by doing what's necessary; then do what's possible; and suddenly you are doing
the impossible."
Performance
of Our System Last Week:-
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5th Week Performance :- 29th July to 2nd August
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Sr.No.
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Company Name
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Reco.Date
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Recom. Price
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High Made After Our Call
|
Date on Which It Made This High
|
Absolute Profit in %
|
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1
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HCL Tech
|
28nd July
|
905
|
951.5
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1st August
|
5.14
|
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2
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Biocon
|
28nd July
|
326
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332.75
|
29th July
|
2.07
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|
3
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Idea
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28nd July
|
166
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176.4
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2nd August
|
6.27
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Let the
performance guide you for your future actions.
What
Next?
If you
have a passion and purpose to make money, we have many profitable opportunities
daily, weekly, monthly and yearly. You just need to approach us. Will you do
that?
Have a
Great Weekend.
You can
follow me @hiteshmparikh on twitter.
Live
With Passion…Invest With Passion.
Hitesh Parikh.
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