rss

Ray Dalio’s Long-Term Debt Cycle Charts

The following speech was delivered by Ray Dalio of Bridgewater at the Federal Reserve Bank of New York’s 40th Annual Central Banking Seminar on Wednesday, October 5, 2016.

~~~

It is both an honor and a very special opportunity for me to be able to address such a large and esteemed group of central bankers at such an interesting time for central bankers. I especially want to thank President Dudley and Vice President Schetzel for inviting me to forthrightly share my perspective as an investor and my unconventional template that I believe sheds some light on the very unconventional circumstances that we face.

It is no longer controversial to say that:

• …this isn’t a normal business cycle and we are likely in an environment of abnormally slow growth

• …the current tools of monetary policy will be a lot less effective going forward

• …the risks are asymmetric to the downside

• …investment returns will be very low going forward, and (more…)

Yesterday Sensex Rallied 777 :Properties of the number 777

Symbolism

  • This number joins together the principles of the man, 700, the cosmic plans, 70, and their image in the Archetype, 7, according to R. Allendy. It is the universal organization, 7 + 7 + 7 = 21, the general evolution.
  • Represent the celestial perfection, 7, on the 3 plans of the manifestation: matter, astral (mental or soul) and spirit.
  • It is the number of the sacred work of the sons of God for the establishment of the Kingdom of God on the Earth, mainly for the period of the seventh millennium after Adam where it is written that Satan will be chained for thousand years.
  • In esotericism, 777 means that virgin spirits (those to which God gave the life with the mission to rise towards the Creator, until to absorb themselves again in Him) will know 777 incarnations during seven revolutions that the wave of life accomplishes around the seven globes of the seven world periods. The symbolism of this number is therefore the ascension of the soul through the physical body.
  • According to the tradition of Himalayan masters, 777 is the number of the celestial man and symbolizes the transmutation which takes place at the time where the man becomes conscious of the necessity to cover the path of initiation, and that he perceives, even of an elementary manner, that the goal is in God.
  • The purity – does not father and is not fathered.

(more…)

The 5 Emotional Stages of a loss

Stage 1: Denial
This is when you have the first sign of a loss. However, you justify this loss. You deny it’s true form and decide that it could be a winner…but you just have to “wait it out.” “Afterall, I bought a lot of time on my option.”

Stage 2: Anger
The loss judt got worse. Now you look to place blame. Freakin’ blog! I hate the marketcast anyway!!! Why didn’t I do my own analysis????


Stage 3: Bargaining
If somehow this stock can move in your favor, you promise you won’t do it again. Or even worse, you start to think of ways to salvage. Desperation sets in.

Stage 4: Depression
It couldn’t get worse huh? WRONG! Now this makes a huge mark on your account, your spouse is going to kill you, it is going to take forever to make it back, and you start to panic.

Stage 5: Acceptance
Alright, I will take the loss.

THIRTY NUGGETS OF STOCK MARKET WISDOM -Anirudh Sethi

“Wall Street people learn nothing and forget everything.”  Ben Graham

“ Buy on the cannons, sell on the trumpets.” Old French Proverb

“A stock broker is one who invests other people’s money until its all gone.”  Woody Allen

“It is fortunate for Wall Street as an institution that a small minority of people can trade successfully and that many others think they can.” Ben Graham

“Wall Street indices predicted nine out of the last five recessions!” Paul Samuelson

“ There are two kinds of investors, be they large or small: those who don’t know where the market is headed, and those who don’t know that they don’t know. Then again, there is a third type of investor –the investment professional, who indeed knows that he or she doesn’t know, but whose livelihood depends upon appearing to know.” William Bernstein

“The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.” Gordon Gekko

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”  George Soros

“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”  Mark Twain

“If past history was all there was to the game, the richest people would be librarians.” Warren Buffett

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”  Warren Buffett

“A market is the combined behavior of thousands of people responding to information, misinformation and whim.”  Kenneth Chang

“The four most dangerous words in investing are “This time it’s different”.   John Templeton

“Money can’t buy you happiness but it does bring you a more pleasant form of misery.” Spike Milligan (more…)

Three motivations For Traders

There are three motivations behind taking a trade: monetary reward, educational reward, and/or psychological reward. The first pays the bills, the second will pay the bills, and the last will prevent you from paying the bills.

Whenever I feel the pull of psychological reward, I have the voice saying “do you want to be a trader?” Letting go of the psychological need to take a trade or be right, is hard. Our brain does not know what money is. It listens in terms of chemical releases. Letting go of psychological reward is not easy. It is the most instantaneous form of reward.

The best way I know to give psychological power to money is to make a habit of seeing money as opportunity. Opportunity for financial freedom and opportunity to make another trade. The brain understands opportunity. This needs to be in balance as well.

If you are feeling the psychological pull, take a few seconds and answer the following. (more…)

Go to top