THERE ARE THREE
TYPES OF FORECASTERS IN THE MARKET:
1. THOSE WHO ARE ALWAYS DIPLOMATIC. THEY WOULDN'T BEND ON EITHER SIDE. WE DON’T BLAME THEM. LET’S PUT THEM IN THE CLASSIFICATION OF ‘NEUTRAL PEOPLE’.
2. THOSE WHO ARE ALWAYS ON THE ‘ONLY BUY’ SIDE. THESE PEOPLE ARE REALLY HARD CORE INDUSTRIALISTS (HERE THE INDUSTRY IS THE ‘STOCK MARKET!). OR THEY ARE THE ‘EVER GREEN INVESTORS OR EVERGREEN OPTIMISTIC INVESTORS’. WE DON’T BLAME THE SECOND TYPES AND WE CAN’T BLAME THE FORMER TYPES !
3. NOW THIS TYPE OF PEOPLE ARE THOSE FOR WHO THINKS THERE IS ALWAYS A BULL RUN FOLLOWED BY BEAR RUN AND BEAR RUN FOLLOWED BY A BULL RUN.
THEY TRY TO FORECAST CRASHES BEFORE OTHERS DO. AND SAY IT LOUDLY.
THEY TRY TO FORECAST BULL RALLIES BEFORE OTHER DO. AND SAY IT LOUDLY.
THEY ARE ‘EARLY’ SOME TIMES. BUT THEY ARE NEVER LATE.
THEY MAY MISS THE 20%. BUT THEY TARGET THE 80%.
THEY AFFORD THEMSELVES AND THEIR INVESTORS TO MAKE PAPER LOSSES FOR FEW DAYS OR A FEW PERCENTAGES-JUST TO MAKE SURE THAT THEY ARE INVESTED TO MAKE SURE WHEN THE STOCK HAS RISEN 280% WITHIN LESS THAN A YEAR.
THEY ARE BOLD. THEY ARE INDIVIDUALISTS.
THEY ARE HONEST. THEY NEVER HIDE THEIR FACE WHEN THEY GO WRONG. THEY NEVER FALL BACK IN TAKING CREDIT FOR THEIR ANALYSIS AND BOLDNESS EITHER.
THEY ARE NOT LIKED BUY THE INDUSTRY (READ ‘STOCK MARKET INDUSTRY) BECAUSE THEY TRY RETAIL PEOPLE TO SELL/BUY BEFORE THE BROKERS, BIG HOUSES’S HNIs ETC. THEY ARE NOT AFRAID OF BEING WRONG. THEY LOSE PENNIES WHEN THEY ARE WRONG AND EARN MILLIONS WHEN THEY ARE WRIGHT.
