Ever watched and/or read about financial news that made almost no sense?
Well my friend pasted me a link and that was exactly what I was in store for (Well he did warn me that it was more entertaining than informative lol)
And this was not a video from a 3rd rate media source.
Hint: Take a look at the right side of the video at the back of the wall.
Without further ado, here’s 1 min and 18 seconds of ‘fun’!
To wrap it up, here are some memorable quotes:
1) “So the Dow lost a thousand points yesterday then bounced back up but the lesson of this story are that stocks are dangerous things to own. And when you own stocks you can lose a lot of money”
An ice cream stick can also be a deadly weapon if used well.
2) “It wasn’t that long ago that the Dow was at 7,000 and if it can be there then it can also be back there in the future as well”
Hmm say what now?
So prices fluctuate?
If there was a fundamental reason why prices should change, I would be more inclined to follow the reasoning, however in the video (At least in these 1 min 18 seconds) there was no clear reason that might result in a change in price other than normal market fluctuations.
Value Invest Asia
I hope that this short 1 min 18 seconds of fun have brightened up your day!
Have a great weekend 😀
Join us on Facebook for more exciting updates and discussion about value investing.Submit your email address for important market updates and FREE case studies!
We will only provide you with information relevant to value investing. You can unsubscribe at any time. Your contact details will be safeguarded.The information provided is for general information purposes only and is not intended to be any investment or financial advice.
All views and opinions articulated in the article were expressed in Mun Hong’s personal capacity and do not in any way represent those of his employer and other related entities. Mun Hong does not own any shares in the companies mentioned above.