Post by fastwalker on Apr 1, 2005 19:34:24 GMT -5
and each other.....
Some of the “CMKX” investors do not always act rationally, or consider all of the available information in their decision-making process.
As a result, they regularly make judgment calls and personal errors in their interaction with other CMKXers. This may seem like an obvious or even a rhetorical comments, but it does in fact, represent a radical break away from the traditional line of thinking regarding economic theory and “bonding” of CMKXers within a sub-structure of the message baords.
Previously (PRE-CMKX) within the market place and even within “message boards / chat rooms, each investors was considered as being an “entity onto themselves,” that is to say…they had to take care of their own stuff and not rely on others.
With the advent of CMKX, we have a new and possible “improved” way of shareholders bonding for camaraderie and DD , advice to assist in our ability to make a fully rational decision and investment valuations.
While the thrust is mainly with CMKX, hardly an “active” board is devoid of another “stock” section, where members have discovered and deposited “good looking / potential forward moving stocks, for their fellow shareholders (members / non-members alike) to peruse and maybe act upon.
But there is always a downside to paradise, sometimes we are overly zealous in our opinions and create or perpetrate errors. Some by accident and some by design, sadly, there are a few squirrel baits (SB) out there, that feel a need to create chaos and may even find it humorous to disrupt those who really want nothing more than a place to share thoughts and DD on CMKX.
While some may not agree with me, I actually feel sorry for these types of individuals, obviously they seem incapable of bonding with their peers and can only find a sort of camaraderie, on a perversely bizarre interactive relationship level.
In that sense, they deserve our pity. So before attacking another person, read their post and attack the post with logic and DD. Maybe they will then see the error of their ways..lol
Having said that, lets move on to the real gist of this post and that being the redundantly non-complex “systematic errors” we all make in our daily lives ,and also as investors in pinkies / blue-chip.
At this mature level of human interaction, being Adults, for all practical purposes, we are simply a “collection” of learned actions and responses, a sort of systematic character study. In one sense that is bad, sine we are predictable and have established a “comfort level,” and become stagnated.
But in another sense it’s good that we can recognize and understand these learned parameters, therefore, we can easily identify our personal rights and errors and take steps to maximize the good, while minimizing the bad.
After all, whether we realize it or not, you will constantly “revisit” situations for a variety of reasons and none of these reasons will seem to be logical, or rational, that is if you actually analyze your “intention for revisiting them.”<br>
Nevertheless, while we know these things and attempt to use them to guide us through life in general, as a people, the good attributes / learned experiences still doesn’t seem to translate well to the market place. After all, investors still continue to allow poor judgment calls to occur, still make bad decisions in their stock market dealings.
Guess what though? It’s a good chance these situations experienced not only by the novice, but also the professional investors.
We know that knowledge (DD) is the basis to build a solid investment portfolio. We also know that if you can predict the possible actions of a stock based on good and solid DD, you essentially reduce bad decision making and maybe good things will be translated to our portfolios.
But other less confident investors may use /relie on a different strategy to overcome the risk, which isn’t always as free as possible from biases, irrational motives, misperceptions, and beliefs.
Yet they fail to see that these activities can lead to poor financial decisions. By the way, I should also add to that list “overconfidence” and maybe arrogance.
People in general become over confident and or complacent in their daily lives with regards to routine things we deal with. Why would the same not apply to us as Investors, especially if we are seen as being a “good” analyst of stocks?
more
Some of the “CMKX” investors do not always act rationally, or consider all of the available information in their decision-making process.
As a result, they regularly make judgment calls and personal errors in their interaction with other CMKXers. This may seem like an obvious or even a rhetorical comments, but it does in fact, represent a radical break away from the traditional line of thinking regarding economic theory and “bonding” of CMKXers within a sub-structure of the message baords.
Previously (PRE-CMKX) within the market place and even within “message boards / chat rooms, each investors was considered as being an “entity onto themselves,” that is to say…they had to take care of their own stuff and not rely on others.
With the advent of CMKX, we have a new and possible “improved” way of shareholders bonding for camaraderie and DD , advice to assist in our ability to make a fully rational decision and investment valuations.
While the thrust is mainly with CMKX, hardly an “active” board is devoid of another “stock” section, where members have discovered and deposited “good looking / potential forward moving stocks, for their fellow shareholders (members / non-members alike) to peruse and maybe act upon.
But there is always a downside to paradise, sometimes we are overly zealous in our opinions and create or perpetrate errors. Some by accident and some by design, sadly, there are a few squirrel baits (SB) out there, that feel a need to create chaos and may even find it humorous to disrupt those who really want nothing more than a place to share thoughts and DD on CMKX.
While some may not agree with me, I actually feel sorry for these types of individuals, obviously they seem incapable of bonding with their peers and can only find a sort of camaraderie, on a perversely bizarre interactive relationship level.
In that sense, they deserve our pity. So before attacking another person, read their post and attack the post with logic and DD. Maybe they will then see the error of their ways..lol
Having said that, lets move on to the real gist of this post and that being the redundantly non-complex “systematic errors” we all make in our daily lives ,and also as investors in pinkies / blue-chip.
At this mature level of human interaction, being Adults, for all practical purposes, we are simply a “collection” of learned actions and responses, a sort of systematic character study. In one sense that is bad, sine we are predictable and have established a “comfort level,” and become stagnated.
But in another sense it’s good that we can recognize and understand these learned parameters, therefore, we can easily identify our personal rights and errors and take steps to maximize the good, while minimizing the bad.
After all, whether we realize it or not, you will constantly “revisit” situations for a variety of reasons and none of these reasons will seem to be logical, or rational, that is if you actually analyze your “intention for revisiting them.”<br>
Nevertheless, while we know these things and attempt to use them to guide us through life in general, as a people, the good attributes / learned experiences still doesn’t seem to translate well to the market place. After all, investors still continue to allow poor judgment calls to occur, still make bad decisions in their stock market dealings.
Guess what though? It’s a good chance these situations experienced not only by the novice, but also the professional investors.
We know that knowledge (DD) is the basis to build a solid investment portfolio. We also know that if you can predict the possible actions of a stock based on good and solid DD, you essentially reduce bad decision making and maybe good things will be translated to our portfolios.
But other less confident investors may use /relie on a different strategy to overcome the risk, which isn’t always as free as possible from biases, irrational motives, misperceptions, and beliefs.
Yet they fail to see that these activities can lead to poor financial decisions. By the way, I should also add to that list “overconfidence” and maybe arrogance.
People in general become over confident and or complacent in their daily lives with regards to routine things we deal with. Why would the same not apply to us as Investors, especially if we are seen as being a “good” analyst of stocks?
more
