Secrets to the Market
Here I will place the general secrets of the markets. Of course most of these come in the form sayings but the most valuable secrets are backed up by Mathematics, and this is why brokers are wrong 65% or thereabouts all the time, the professionals just lose a little less that the mum’s and dad investors. The lose 35% of the time due to not knowing the mathematics of the Financial Markets.
I love the following quote by Lord Kelvin.
‘I often say that when you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be.
Lecture on “Electrical Units of Measurement” (3 May 1883), published in Popular Lectures Vol. I, p. 73; quoted in Encyclopaedia of Occupational
Health and Safety (1998) by Jeanne Mager Stellman, p. 1992
I just simply like that quote. if your broker can not provide you with a targeting accuracy of 99.99??% to 100% then buy my book so you will know more than them!
Really if they (your broker or financial planner / adviser) do not provide you with a targeting Accuracy of 95.00??% or higher measured to the fourth decimal point then get out of their office and take your portfolio away from them quickly.
Most assuredly the Majority over 95% of them cannot and I think it is more likely to be 99% of them
Get out of their office and never return until they can show you their targeting accuracy. Now their trading accuracy is a different thing. They have a lower accuracy but if they cannot provide you with a targeting accuracy of great than 95.???? to 100% measured to the fourth decimal point then you have no business in that office.
They do not deserve your business!.
According to Lord Kelvin in 1883 – their knowledge is meager and unsatisfactory.
Below is a video abut the Rothschilds the richest Family in the world measured by Trillions not lose change of Billions like Bill Gates or George Soros!
His quote (Nathan Rothschild’s is Quick in Quick out). But that is not what they really do, depends on how the shares are brought and who paid for them i.e. what Government and so on!
I remember seeing this movie when I was a little kid, I had no idea what it was about, Now I wished I had studied it. Truly Nathan’s Dad was a very smart man indeed. But I think that was given to him so that a much bigger plan would be fulfilled.
The fact that Rio Tinto Shares were purchased for them by the English Government in the 1800’s and paid for by the USA government is testament there is no way you can know what they are worth, fancy getting the governments of the world to fund their share purchases and so on! Wouldn’t all of us would like that!