tag:blogger.com,1999:blog-5465015914589377788.post2973378226483411547..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Which Predictions are Profitable?Michael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-52358441304277559492011-10-12T11:09:37.474-04:002011-10-12T11:09:37.474-04:00You're absolutely right with this post. I kno...You're absolutely right with this post. I know first hand that it's a bad feeling to be right AND lose money. Nothing like that feeling to drive the lesson home.genehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-60975701855101978682011-10-12T09:06:28.165-04:002011-10-12T09:06:28.165-04:00@Value Indexer: I think we're saying the same...@Value Indexer: I think we're saying the same thing. Some people talk about what they know and others about what they believe. There are even some who talk about what they "feel". They all usually mean the same thing and are just using different language.<br /><br />@Sudip: I agree with you that the effect of human emotions on stock prices is difficut to predict.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-10398705208188764102011-10-12T00:28:37.575-04:002011-10-12T00:28:37.575-04:00Anything which is tied to emotion (fear and greed)...Anything which is tied to emotion (fear and greed) is hard to predict. Same is true for mortgage rates.Sudip Adhikarihttp://blog.canadianmortgageadvisor.canoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-40708091423169225522011-10-12T00:21:38.312-04:002011-10-12T00:21:38.312-04:00It's not just what people know. For example, e...It's not just what people know. For example, everyone knows that interest rates will rise if european governments pull their acts together and banks stabilize, while they will fall if bad decisions are made and confidence and trade fall. So the real question is what people believe and how future events will live up to their beliefs.Value Indexerhttp://valueindexer.wordpress.comnoreply@blogger.com