Former SEC Director Mr.John Ramsay Tells Bloomberg – The Market is Rigged.

11 March 2015

Former SEC Director Mr.John Ramsay Tells Bloomberg – The Market is Rigged.

Greetings from Hitesh. Our post on Marc Faber and The Economist are also singing our songs – has been super hit with our readers. It became the most forwarded one in last two months. Thanks for the same.

The above is the latest news on the Bloomberg where Mr.Ramsay had done the revelation about the rigged market in USA.

What it means for small investors?

1.  Warren Buffett knows this secret as well and he never believed in PERFECT MARKET theory due to this. We also do not believe in Perfect Market Theory. As long as there are people behind the scene – you can’t have all the information at the same time!! So, price will be volatile and some guys with superior information will make tons of money.

2.  In India we have 4 quarterly results – the price moves up or down based on the results. But the results will be known to the company insiders, isn’t it? If they decide to play based on their information – can you beat them as a small investor?

3.  When Oil Price was going down in past two months – there were theories of increase in supply and decrease in DEMAND by leading International Oil Analysts!! The real secret we told you – to bring down the Russia – the game was set by USA. That’s why we say study the ground realities and do not go by what the MEDIA says.

4.  Remember for every market there will be behind the scene / unknown and unrelated forces influencing the market moves in one way or the other. If you want your Rs.10 lakhs to increase to Rs.1 Cr, what about the guy who has Rs.1 lack Cr and wants it to make it 10 lakh crore? Can you beat him?

What is the way out?

1.  We have always suggested to switch off your TV, at least during market timings. If you stay away from NOISE during trading hours – you will do a favour to your wealth creation efforts.

2.  Think long term. We were predicting 35000 Sensex since 2009-2011. Our target was 2014. Prices of many of our stocks have given  3 to 7 times multiplication in last 6 years!! Did you see most media guys started giving market targets of 33000 to 36000 after Narendra Modi became PM!! If they are experts, as they are introduced to you, how come they are last to talk about market?

3.  Rakesh was telling in his interview yesterday to MINT – you should be ready for non-performing period when you invest. We were just buying and waiting for the time during 2009 to 2013!! If you do this – no insiders can beat you!!

What Next?

They say –“what the wise men do in the beginning, fools do in the end”.

If you want to beat all kind of manipulations – you need to be the first to take action. At destiny management we do the same thing.

If you want to take advantage of our VISION – you are welcome to join us.

Have a Great Wednesday.

Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

Live With Passion…Invest With Passion.

Hitesh Parikh.