“Why do gamblers continue betting even when they are losing money?” he asked while flicking through screens of stock prices and charts on a trading terminal at a Beijing brokerage firm this month. “It’s the same investing in stocks. If you lose money, you want to make up the losses. If you earn money, you want to earn more.”-from NYTimes
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Go where the institutions want to go
Source: MicroCap Club
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2014 in 8 Charts
Source:Economist
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Linkfest:Dec 31,2014
Some stuff I am reading today morning:
Nifty returns in January (ET)
Modi rally loses steam in the Indian Stock Market (Bloomberg)
Will 2015 be the year of reckoning for Housing Finance Companies? (CapitalMind)
Mohnish Pabrai demystifies stock market investing (BS)
14 Meaningless phrases that will make you sound like a stock market wizard (BI)
Seeking to ride on China’s stock market highs (NYTimes)
Russia,Oil,China and the Dollar (Credit Writedowns)
Why you won’t die till after 2225 (Daily Reckoning)
Genius must be proven (CommonSense)
How oil prices will shake things up in 2015 (QZ)
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Monte Carlo goes out of fashion
Source:Ketan Gujarathi
