Perhaps most importantly, short- and medium-run returns, especially during periods when they are high, should not be taken as accurate signals of long-run returns. Investment strategies should not be based on the assumption that all times are “normal” times, and that periodic instability is abnormal. The challenges of assessing systemic risk and the timing of instability are just that – challenges, not reasons to ignore the phenomenon.When you are looking into the Kandinsky painting; there is time, ubiquity unclearness of colors of body work start with. It is a girl playing and polka dance or like her childish skirt, abstract figurines with all kind of elementary possibilities talismanic blanket there; sounds of movement and sound of colors and words of world of comfort and coziness. I can understand why all the world of economists so fanatically obsessed about their profession. Death only parted us kind of passion, very territorial, prowling like savage bulldogs at heat! I am still in a dark sky sometimes, but I can see stars, Milky Way stages, that are very romantic theatrical space crafts. Very much in our daily life is there, you can not figure this out to begin with but when you read all these fanatics words; start with I don’t know but still keep reading and reading that doggerel boring articles after after then one day “ AHA HA HAAA WOWWW…” O I can see what they are on about. Everyone whoever romance with their chosen field they are the winners! I think. Without passion and love, only greediness you can not be winners!
Friday, December 25, 2009
Investment is My Talismanic Blanket
Here is a Michael Spence’s an investment commentary at Project Syndicate as:
I think When Kandinsky painted his painting he could see the all the possibilities of sensibilities in the field of his space. If he was not a painter he could have been a great investor in his time, I believe. He was enthusiastically experiment with his enigmatic intuition in his composition. Process of discovery of principal of our life, you can not see these elements with barren eyes you must in love. You must bewitched by their intriguing geometrical beauty and mystical inner agony despair; can be a black hole. I see investment is very much composition of our life story. You can lure into our complex yet very simple life natural process. You have to go though dark stormy sea and meet clime morning bay with glittering sunbeam. But we need a time to figure all of these out from craziness of time value and probability. Here I go OK!