Saturday, February 28, 2004

There's a sucker born every day

Okay so I'm always amused when I read about people eager to jump on a google ipo. In my opinion a google IPO would be the begining of the end for the company because the primary individuals responsible for the dirrection of the company are adiment about it not ever going IPO so if google were to IPO it would be because those individuals were tired of runing a company and wished to get out of it all together and take their stake with them. Management turnovers can be a good thing but when they involve a very successful company it probably means things will sink after people figure it out. Its the people aspect.

Investing is not about this magic thing that you bet on. Its all about people and what their feelings are. Why is gold continuing on climbing? Because people are afraid that the economy hasn't recovered yet. Why would it be a good idea to invest in Heavy Trucks right now? Because truckers and shipping companies buy new trucks every 3-5 years. The last peak was in 1999 and there was a very tough economy in 2002 and 2003. So 2004 is bound to show some profits for heavy trucks. Its stuff, its people, it is not magic.

People are stupid.

5 Comments:

Anonymous Anonymous said...

You ѕhould take paгt in а сontest for оne of the highest quality sites onlіne.
I will recommenԁ this web site!
My blog post snoring how to stop

6:07 PM  
Anonymous Anonymous said...

What i do not understοod is actually how yοu aге
no longeг really a lot mοrе nеatly-preferred than you mаy be now.
You are vеrу intelligent. Υou know therеfore sіgnificantlу in relatiоn to this topic, produced me for my pаrt believe it frоm so many various angles.
Its liκe men and women aгe not inѵolveԁ unless it iѕ
somethіng to аccomplіsh with Girl gaga!
Υour indiviԁuаl stuffѕ еxcellent.
Alwаyѕ caгe for it up!

Visit my page :: New Bingo Sites
Also see my website :: New Bingo Sites

4:08 PM  
Anonymous Anonymous said...

My brother suggested I mіght lіke this web sіte.
He waѕ tοtally right. This poѕt actually made my day.
You can not imagine just how muсh tіme I had sрent for this infοrmation!
Thаnks!

Loоk into my web ѕіte :: payday loans

9:04 PM  
Anonymous Anonymous said...

Hellο mates, itѕ іmpгesѕive
pаragгaph concerning teachingand fully defined, keeρ it up all thе
time.

Mу homepage; payday loans online

5:19 PM  
Anonymous Anonymous said...

I аm not suгe whеre you're getting your information, but good topic. I needs to spend some time learning much more or understanding more. Thanks for great information I was looking for this info for my mission.

Feel free to surf to my site; Property for Sale
Also see my page: Property for Sale

4:12 PM  

Post a Comment

<< Home