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Showing posts with the label Warren Buffett

Where Hotheads Prevail

Healthy feelings, and an effective way of managing these, can turn out very critical in such a highly primed environment as the stock market. IT IS easy to believe that health issues are off-limits in the “unemotional world of finance.” But if you had been into the stock market, it will not take long to see that people connected to it—brokers, market makers, dealers, and investors—are nothing but. Well, that depends on your investment strategy. Stock traders who ride on the second-to-second movement of stocks in the Philippine Stock Exchange will experience fear and ecstasy, and shades of these emotions in between, depending on which direction their holdings are moving for the moment. If their stocks came on breaking ceiling prices, they will thank heaven for being born. But when the market hits bottom for many days or weeks, you will hear from news reports that someone came to believe that the top of a high-rise building is just a step away to the streets below. The emo