Personal Finance (12): Guru Rotation in the Financial Market

There are many famous Gurus in the financial market, and their philosophies are pretty well accepted by their followers (subscribers).

Take for examples:
1. Jim Rogers is the icon represents long term investment in the commodities market.

2
2. Marc Faber, also known as Dr. Doom, advocates that the market is collapsing, collapsing, and collapsing...

3.
3. Stephen Leeb is using the "Peak Oil" as a backgroud and focus on Energy Sector.

4.
4.  Peter Schiff is singing about the collapsing US Dollar and Accumulates physical gold or GLD (ETFs).

.
And, when they are correct, they will occupy everywhere in the media and get more followers.

Now... As shown in the charts, they were ALL CORRECT at certain point of time in a "Rotational Manner".

So...  Don't you think that having a "market neutral mentality", doing your study, understand and follow the market actions with the charts, and perform asset class rotation is a better deal?


Now...
See what the successful Trader and Trainer in the Stock Market, Richard D. Wyckoff, had to say:

Very true!  In my view, most of the publication on financial advices and news are just like Coke or  genetic modified foods.  They are are produced for the public consumption with the intention of making a profits out of it.  The earlier one chooses to stop taking them, the earlier he gets healthier.

 

 

 

"What information consumes is rather obvious:

it consumes the attention of the recipents. 

Hence a wealth of information creates

a poverty of attention." 

- Herbert Simon 

 


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Has Global Warming happened before?

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Global Warming has happened before. Higher temperatures on earth are not unknown. The most extreme was the earth's climate in the Upper Cretaceous Period (86 million years ago), which was far warmer than today. The Mean Surface Temperature across the Earth during this time has been estimated as being 11°c warmer than now.

--------------------------------------------------------8<------------------------------------------------------

So, the next question would be...

How did that happen? What was the main cause?

Obviously, it could not be caused by the cavemen that burning too much wood during their time... nor too much waste generated by the dinorsaurs...

See. The reason for asking these questions is that all public media is now *educating people that the Main cause for global warming is because that Human being release too much CO2. --> And, the solution is to impose a Carbon Tax.

Below is a clips on the video titled "Global Warming or Global Governance" DVD.

In the DVD, dozens of leading climate scientists, experts and politicians show that this is not true. It states that the main cause of Global warming is a natural phenomenon, which is the activities on the Sun. While the *propaganda or *advertising to sell the idea that it is man-caused is aimed to get the public to support the Carbon Tax (global tax).

So, could this idea of "Global Warming caused by man that need Global Carbon Tax" works similar like "Iraq had Mass Destruction Weapons that needed US Army to Save the World"???

That why Ralph Waldo Emerson said:"What is the hardest task in the world? To Think."

Thanks to someone, who had uploaded the complete video in YouTube...

If you are interested, just google it and it can make you to think harder with more non-publicized information.

When You Change the Way You Look

(.......................................Click on the right edge of the slide to flip the slide.)

by the way...

* The term "Propaganda", "Advertising" or "Educating" are actually used interchangeably nowadays. It is up to the individual to spot them and be alert with that.

** Do you aware that there are now more than 30,000 scientists sue Al Gore for Global Fraud, and produce lot of counter-evidences that Al Gore put in his global warming show "An Inconvenient Truth". Here is a good SOURCE that compile such information. <-Click here if you want to know more. :-)

“The first man who, having fenced in a piece of land,

said, ‘This is mine,’ and found people naïve

enough to believe him, that man was

the true founder of civil society.”

— Jean-Jacques Rousseau

Bless You

KH Tang

The Hardest Task in the World

Ralph Waldo Emerson said:

"What is the hardest task in the world? To Think."

How can that be? Why is that so? Or, isn't it true???

Let begin by looking up for the definitions of the word "Think" in the web dictionary":-

1. judge or regard; look upon;
2. expect, believe, or suppose;
3. use or exercise the mind or one's power of reason in order to make inferences, decisions, or arrive at a solution or judgments;
4. remember: recall knowledge from memory; have a recollection;
5. imagine or visualize;
6. focus one's attention on a certain state;
7. intend: have in mind as a purpose;
8. decide by pondering, reasoning, or reflecting;
9. ponder; reflect on, or reason about;
10. dispose the mind in a certain way;
11. have or formulate in the mind;
12. be capable of conscious thought;
13. bring into a given condition by mental preoccupation;
14. an instance of deliberate thinking;

On the surface, "Thinking" seems to be a task that we are doing all day long. And, if we were to look into it more detail... Many of the Thoughts that we are thinking are not ours at all, I mean that most of the Thoughts, by most people, are NOT originated by themselves, if any at all. In this information age, we are bombarded with information by the Media, and we process the information based on our beliefs; Just like a computer process the input data based on a pre-programmed algorithm to get the output. In computer term, there is a acronym, 'GIGO' -- 'Garbage In, Garbage Out'. Likewise, 'garbage information' would lead to 'garbage behavior' for those who expose themselves to the media.

As the saying goes, "As a man thinketh, So is he."
With the same token, "As the citizens thinketh, so the country."

Therefore, when the Major Medias are consolidated and controlled by less number of corporations, the public would have less opportunity to get different views/information on any matter or subject. The worse case would be: When some corporation control the media, it control the public thinking, -- or simply put --> control the mind of the public.

To sum up, distorted information would lead to distorted thinking, which would then lead to wrong decision and do the wrong things. For example, looking back on the "reasons" that called for wars in the history... Such as going after the "Mass Destructive Weapon" to protect "World Peace", etc...

One way to ensure this do not happen is to have every one to be able to think more independently. Yes, it may seem easier to say than done... As we can't always control the circumstances. But we can control our own thoughts. :-D

“In religion and politics, people’s beliefs and convictions are in almost

every case gotten at second-hand, and without examination,

from authorities who have not themselves examined

the questions at issue, but have taken them at

second-hand from other non-examiners,

whose opinions about them were

not worth a brass farthing.”

– Mark Twain

More... With explanation...

Collector Edition.... :-D