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Mr Market is there to serve you, not to guide you

2022.01.19 10:43 MoonshotStonksApe Mr Market is there to serve you, not to guide you

As I watch my growth stocks plummet, while the wider market barely registers a blip - I'm reminded of the timeless parable of Mr Market.
First described by Benjamin Graham in 1949, then resurrected by Warren Buffett in a letter to shareholders in 1987 - the parable is as relevant today as it was then.

Ben Graham, my friend and teacher, long ago described the mental attitude toward market fluctuations that I believe to be most conducive to investment success. He said that you should imagine market quotations as coming from a remarkably accommodating fellow named Mr. Market who is your partner in a private business. Without fail, Mr. Market appears daily and names a price at which he will either buy your interest or sell you his. Even though the business that the two of you own may have economic characteristics that are stable, Mr. Market's quotations will be anything but. For, sad to say, the poor fellow has incurable emotional problems. At times he feels euphoric and can see only the favorable factors affecting the business. When in that mood, he names a very high buy-sell price because he fears that you will snap up his interest and rob him of imminent gains. At other times he is depressed and can see nothing but trouble ahead for both the business and the world. On these occasions he will name a very low price, since he is terrified that you will unload your interest on him.
Mr. Market has another endearing characteristic: He doesn't mind being ignored. If his quotation is uninteresting to you today, he will be back with a new one tomorrow. Transactions are strictly at your option. Under these conditions, the more manic-depressive his behavior, the better for you.
But, like Cinderella at the ball, you must heed one warning or everything will turn into pumpkins and mice: Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful. If he shows up some day in a particularly foolish mood, you are free to either ignore him or to take advantage of him, but it will be disastrous if you fall under his influence. Indeed, if you aren't certain that you understand and can value your business far better than Mr. Market, you don't belong in the game. As they say in poker, "If you've been in the game 30 minutes and you don't know who the patsy is, you're the patsy."
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising "Take two aspirins"?
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace. In my own efforts to stay insulated, I have found it highly useful to keep Ben's Mr. Market concept firmly in mind.
Following Ben's teachings, Charlie and I let our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it. As Ben said: "In the short run, the market is a voting machine but in the long run it is a weighing machine." The speed at which a business's success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
Mr Market is there to serve you, not to guide you
submitted by MoonshotStonksApe to stocks [link] [comments]

2022.01.19 10:43 svanapps r/ethtrader - Ever happened to you.

ethtrader - Ever happened to you. submitted by svanapps to CryptoToFuture [link] [comments]

2022.01.19 10:43 Emotional-Ebb-4028 Work Permit - Support

Hi all,
Sorry, I know that this is a common topic of discussion here and even after searching several posts, I couldn’t find a proper answer to my question ( here is where I trust you guys can help me out 😊)
Here is my story: both me and my wife are Non EU and we are currently living in Lux (me as a blue card holder and she as a family member). After trying a lot, she got an offer from a big company, where we already have the ADEM certificate and process was filled to the MAEE.
Our concern is: she has a degree that’s is not a bachelors specifically, but with same accreditation. Moreover, she’s currently enrolled in an MBA.
Do you think that this might be an issue? Do you have similar experiences or stories that you’re willing to share? Any insights here are SUPER helpful.
Thanks a lot!
submitted by Emotional-Ebb-4028 to Luxembourg [link] [comments]

2022.01.19 10:43 stilldiscount01 [100%OFF]How to Print on Demand - Beginners Guide to POD

[100%OFF]How to Print on Demand - Beginners Guide to POD submitted by stilldiscount01 to udemyfreebies [link] [comments]

2022.01.19 10:43 Ibryxz Why do people find one shot mages annoying?

Hello people, I am u/Ibryxz. I am self proclaimed mage main (though my skills in being a mid laner are very lacking)
What inspired this post?
It was this post by u/Junior-Technology titled -
In which from a total of 2037
46.7% voted for Braindead one shot mages (Vale, Eudora, Nana, Aurora) (952 votes)
The only one close to that percentage was Luo yi at 19% (388 votes)
The rest :- Yve :- 13.5% Valentina :- 10.2% Pharsa :- 7.1% Chang'e :- 3.2%
Why does the community find theee mages annoying to deal with?
General :- These mages are simple burst mage and are called brain-dead due to their relative easy playstyle.
Common things in their playstyle- 1. Easy to land skill shots or in Eudora's case auto click skills.

  1. Little to no mobility
  2. Tons of crowd control
Why are they annoying?
  1. Ridiculous aoe damage :- Starting early game they already poses spammable aoe with low cooldowns on top.
  2. Crowd control :- Crowd control is a very powerful tool among these heroes especially since its one of the major factors what makes them viable options.
Eg:- 1. Saving yourself or a teammate 2. Securing a kill
Vale - Knock-up
Aurora - Freeze
Eudora - Death... I mean stun
Nana - Molina transformation
Nana's is arguably the most annoying since it also denies a part of the map and limits where you can go safely.
  1. Certain mage items - The items I am referring to are Ice queen wand, Glowing wand and Necklace of Durance and remember these guys deal tons aoe damage, so more annoying effects.
  2. Forcing you to build magic resist - To be fair every mage does this, and well aegis does a very good job at it. Still forcing you to spend some gold just to not get oneshot is an annoying detail to keep in mind. This is also not taking into account that if they are good then they will just cast a spammable skill on you and let the duration finsih off then one shot!
Other - Flameshot :- Pretty sure almost every mage takes this like imagine you barely escaped the combo, but death cuz of the sniper shot.
Specific- Vale - His stackable movement speed makes him really fast which allows him to rotate quicker and be more annoying to cacth.
Nana - Just when you thought you killed her, passive activates and you die to her allies. I am not even gonna point out molina that passive alone makes her annoying.
Aurora - its cc, its annoying
Eudora - Death, its scary
Honurable Mention :-
Gord - His cc is mostly easy to dodge, plus he doesnt need magic pen cuz true damage!
Why are the considered annoying and not deadly?
Thing is, while they do poses high damage they also lack self-sustain as in no personal shielding or healing for themselves and are very squishy too. So, an inexperienced brain dead mage can get one shot out of nowhere, longer range mages like cecilion can annilate them from afar or get bursted by assassins. Simply put their very little mobility is what makes them balance and annoying to deal with.
Notes - 1. I could easily makes this very one line post, but I dont want to.
  1. Credits - u/ARGYLE1984
submitted by Ibryxz to MobileLegendsGame [link] [comments]

2022.01.19 10:43 aloneabone Am I wrong to ghost my friends for about a month because of setbacks and depression?

I had two major incidents during Christmas that made me feel really depressed and not leaving my house or answering any calls. But I’m in college and became really close with these two guys and one girl over fall semester. I have other friends as well but these three specifically made me feel really bad for not replying their texts often and not calling them back through my depression. Am I being an ass for this?
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2022.01.19 10:43 Bettafish6687 Is this 5ppm or 10ppm?

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2022.01.19 10:43 carterx Retired BWG volunteer firefighter celebrated with drive-by parade (17 photos)

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2022.01.19 10:43 Fandango_Jones Don't kiss the hamster. Kill the hamster.

Don't kiss the hamster. Kill the hamster. submitted by Fandango_Jones to dankmemes [link] [comments]

2022.01.19 10:43 shashimishra1984 यह विशेष वीडियो डॉ आकाश दीक्षित जी की आध्यात्मिक वीडियो श्रृंखला का भाग है जिसमें –आचार्य आदि शंकराचार्य द्वारा रचित “मैं कौन हूँ” पंक्तियों को गाया गया है।

यह विशेष वीडियो डॉ आकाश दीक्षित जी की आध्यात्मिक वीडियो श्रृंखला का भाग है जिसमें –आचार्य आदि शंकराचार्य द्वारा रचित “मैं कौन हूँ” पंक्तियों को गाया गया है। submitted by shashimishra1984 to WomenWritingMen [link] [comments]

2022.01.19 10:43 Goddess_Faye21 Mommy has a cock for each one of your holes😇😇 say ahhh i want to feel your throat pussy first✨

Mommy has a cock for each one of your holes😇😇 say ahhh i want to feel your throat pussy first✨ submitted by Goddess_Faye21 to sissyguide [link] [comments]

2022.01.19 10:43 FloorDice Legit Warhammer meme

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2022.01.19 10:43 Davidsw24 Qué onda mujicanos, hace quise saber su opinión sobre "La cotorrisa" (no me agrada), pero está vez vengo a saber si ya escucharon esta joyita y que piensan al respecto, son 3 temporadas muy ¡jodidamente buenas! Alimentan el morbo pero, está muy bien narrada, ¿Qué opinan? Saludos.

Qué onda mujicanos, hace quise saber su opinión sobre submitted by Davidsw24 to Mujico [link] [comments]

2022.01.19 10:43 Soggy_Working_3333 Vannesa blake

Vannesa blake submitted by Soggy_Working_3333 to porniloveee [link] [comments]

2022.01.19 10:43 Karac_Avalron When Anxiety turns into a Panic Attack

When Anxiety turns into a Panic Attack submitted by Karac_Avalron to BlogPromotions [link] [comments]

2022.01.19 10:43 mon_anthony The Sandbox Exclusive: Will play-to-earn games replace traditional games?

Are traditional games on the verge of extinction, to be replaced by blockchain games? Sebastien shares his thoughts on the future of gaming and the transformation blockchain brings.
#sandbox #playtoearngames #games #blockchaingames #futureofgaming
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2022.01.19 10:43 LonelyRyuu Putting together a pack, suddenly stopped working

I use multimc, it's on 1.16.5, the game was loading and able to create new worlds without crashing perfectly fine, then without adding any mods it now crashes on startup. I can't figure it out based on the log, and there are no crash reports in the crash reports folder. The only thing relevant that might have changed was that i updated java, but using Multimc's java test, it still says its running fine. here's the link to the log, please help :( https://paste.ee/p/GDboX
submitted by LonelyRyuu to feedthebeast [link] [comments]

2022.01.19 10:43 WavyKirk Apex’s Player Engagement Manager, speaks on communication and leaked discord DMs.

Apex’s Player Engagement Manager, speaks on communication and leaked discord DMs. submitted by WavyKirk to CompetitiveApex [link] [comments]

2022.01.19 10:43 hopefulguy100 Do you like yourself?

View Poll
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2022.01.19 10:43 Tranguul777 Tabbed out while teleporting, accidentally spawned at a rave

Tabbed out while teleporting, accidentally spawned at a rave submitted by Tranguul777 to ffxiv [link] [comments]

2022.01.19 10:43 SellMoney1864 Reflections

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2022.01.19 10:43 RayanYap Mage vs Alchemist

Which charm is better? Im currently equipped with alchemy charms but am tempted to switch to mage because alot of mage heroes are actually pretty good also.
submitted by RayanYap to knighthood [link] [comments]

2022.01.19 10:43 Willing-Clock-8884 I LEFT BECAUSE MY BABY FATHER CHEATED???? ( did I move back home??? )

I LEFT BECAUSE MY BABY FATHER CHEATED???? ( did I move back home??? ) submitted by Willing-Clock-8884 to tinxx [link] [comments]

2022.01.19 10:43 cloudchameleon Baytril in Australia without prescription?

my rat Remy has a URI which he’s been prescribed Baytril for, but now my other two rats are showing similar symptoms. is there any way I can get some of the same medication for them? my vet clinic won’t prescribe it unless I take the others in, which is an extra appointment fee each ($110 AUD per rat, not including meds).
I’ve had no luck finding Baytril in Australia or any international stores that ship to Australia. worst case scenario, does anyone in Sydney know any cheaper vets who will see rats?
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2022.01.19 10:43 RealDealGeo Where can I get 4 sturgian chasers?

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