| kowenicki said:
The day Kaz took over the Stock price was..... 20.90 Today it is 18.89. Perspective. The recent rally is good news, but it has FAR more to do with Japanese government intervention that anythig else. Sony is a massive exporter and stands to gain much more from a weakened yen than most other companies. But I'd rather talk to prof about this kind of stuff, he understands it better and can remain as objective as I can. |
I agree with this point. People hype positively or negatively short term swings while ignoring long term perspective. If you invest in the market for a while you see these events, but betting on them has very high risk/reward. I'd rather stick to a plan that ensures 7-10% ROI per annum than jumping on what ever hot stock is out there.
