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本日佳句 - Depression is nothing

It has been 513 calendar days since the stock market peaked on Oct. 9, 2007. Since then, the S.&P. 500 is down 56 percent and the Dow is off 53 percent. On Jan. 29, 1931—the identical number of days after the 1929 market peak—the S.&P. 500 was down 49 percent and the Dow was down 56 percent. The 1929 crash got off to a much faster start, but we have now more or less caught up (source)

 

我的想法:比較一下2008崩盤和1930年代大蕭條,最大不同之處,在於資訊的透明度與流通速度。這讓市場交易者更願意承擔風險、更敢嘗試投機、更有能力看穿老師的技倆,看透外資喊盤,看破媒體隨波逐流的習性。

 

會怎麼收尾沒人知道,但如果現在市場上掌握資訊的投機人比掌握資訊投資人還多,短期內應該沒機會打底。

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  5. 本日佳句 – The Making of Goldman Sachs, Part IV

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