atans1

HoHoHo: Temasek’s dubious achievement

In Temasek on 11/02/2016 at 4:30 am

Standard Chartered is valued at less than less than it was before the financial crisis of 2007/ 2008. Another one of this select club is Deutsche. HOHOHO

Hamish McRae (a former editor of the Economist) offers some encouragement in the Independent. Studying past crises has taught only one certainty, he concludes: “Share prices will eventually bounce back, provided you wait long enough for them to do so.”

HOHOHO

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  1. Hahaha only true for overall markets, not individual stocks or companies. Think Kodak or Polaroid Even those that survive e.g. Xerox, can be just a fraction even after waiting 40 years. Gotta remember Keyne’s advice and respect the trend. Stop loss. Position sizing.

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