Short Sighted

The markets are spiralling downwards... investors standing like a goat in front of a hungry tigress, the world is tumbling for many, and the dollar is dipping away. What do I say in such a scenario, whom do you ask where is one going? Tensions are high in the market, job cuts round the corner, clients chasing down wealth manager, 30% growth expectation resulting in capital erosion. Among all this there is nothing much happening in the real world, orders are still coming, people are still working, value is still being generated, and the sun is still shining round the corner.



I realized one thing, people have become very shortsighted, no one is looking at long term, the charts on the TV shows are increasingly becoming hourly, the analysis daily. Whoever generated value everyday, how can one generate profits everyday, and how can it ever reflect in the stock market everyday. I think this game has become a legalized gambling industry... nothing more.