You say tomato, I say tomato
Well, if the animal in question is the Dodo.
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Gawd knows.
Letās just put it this way. CIOās, traders, rarely talk their book down.
Plus if they knew for certain-unlikely theyād tell anyone.
Most of it is āprofileā, āair timeā. An analyst has to say āsomethingā. Otherwise what is their job?
Hereās a story.
The week before 9/11 (2001) a v junior (AVP) trader at CS on the flow options desk was short airlines. Why? Just fluke, client flow etc
Post 9/11 he looked like a hero, a genius. Promoted to MD, became v senior. Long retired.
A lot of the time, itās luck, or educated guess imo.
Most likely. But thank goodness we have these sell-offs to provide some lucrative buying opportunities. Very profitable, long term.
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I fully agree Jamie. I have been investing in vctās since 2017. All the VCT companies have paid steadily quite high dividends although some have declined a bit in recent years. On my Mobeus vctās I have had back over 100% of my investment (with the government 30% tax rebate and dividend receipts) on the 2017 purchase. Of course they wonāt suit everyone but I believe they are worth looking at certainly for anyone on a higher marginal tax rate. I believe the Labour government has committed to continuing the tax benefits.
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And thereās always the Gold Cup at 4:00ā¦
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ā¦Which didnāt work outš
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That was a painful week. Looking forward to the recovery now.
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More to come perhaps-who knows
Vested interests. Just remember where they lie and who would or wouldnāt benefit.
Always way.
yes, āQui bonoā.
Last week the FT had a useful article about the fact that retail investors in the US are showing increasing signs of concern about equities and financial markets, but they are still buying the dips, and most of them are still heavily invested in equities.
Whereas I think more institutional and professional investors have already or are in the process of moving to cash or safety for capital protection?
There again many professional and retail investors are still sticking to the classic advice to never sell their equities and ride out the storm to the other side of any troubles that are coming.
And keep investing throughout, dollar cost averaging.
This assumes of course that there wonāt be some kind of severe and/or prolongedeconomic shock coming that disrupts peoples incomes And makes it hard for some people to get to the other side where stocks recover, and in some cases people will be forced to sell at lower levels.
Be greedy when others are fearful
Yes, buy shares when others are fearful, except when others are right to be fearful.
Always easier to sell equities (as a concept) to an investor in a rising marketā¦until it isnāt, and then people realise the smart money had already left the building. As has been said within this thread before, the multiples and ratings (in all respects) of some shares in the US market have been very hard to justifyā¦no, better read as, just plain silly. And this is what you get with forms of investment frenzy.
Except those values will returnā¦
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Exactly. Itās fine. Normal cycle of events. Good opportunity. Not end of the world.
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Yes, totes normal ebb unt flow of da bizniss cycle.
Why do all those silly people on the telly keep using the word unprecedented? 
Weāve noticed it too. It started during Covid and the journalists then put it on a shortcut key; and churned it out ever since.
Tomorrow will be the 24th March 2025 - this is unprecedented. 
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