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Saturday, July 12, 2008

My view on Stock Markets

The Wimbledon final between 5-time winner Roger Federer and challenger Rafael Nadal was, in all aspects, a clash of the titans.
For four hours and forty eight minutes the two champions clashed on the fabled grass courts. It was the longest men’s final in the history of Wimbledon.
In the end there was no loser.

But only one person could lift the trophy - and this time it was Rafael Nadal.
And the other winner was the sport of tennis: thousands of children will be inspired to become tennis players.

Two gentlemen traded hard shots for hours - and each applauded the other.

You might be wondering why i started with example.Just read on and you will know why i quoted that example.

"But not all fights are between champions."

"Not all battles are for honour."

"Not all battles are for any justifiable cause."

In the fight between "good" and "evil" one can hardly consider "evil" to be a "champion".

In the stock markets, there is the constant fight over "bulls" and "bears". There is nothing honourable or uplifting about this fight - much if it is driven by money and the desire for returns. Neither are, in the Federer-Nadal sense, "champions". Yet, unfortunately, the money from these financial games has inspired millions to be involved in the financial sector. Most unproductive use of powerful minds.

"Multiple clashes, no champions." Got it now.This is Stock Market.



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