A Quote by David Wessel

China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day. — © David Wessel
China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day.
I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.
I don't stress at all. When other people say, 'I'm having a bad day,' I ask, 'How can you have a bad day for the entire 24 hours, or even 12 or eight hours?' Something bad might happen, but that can't make the entire day bad.
Anyone can have a good day. The question is what do you do on a bad day. That's when you're being tested. In a very tangible sense, a bad day shows your innermost essence more than a good day.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.
China's stock market is inextricably tied to politics.
Unfortunately our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very-very strong balance sheet with huge value drivers at the end of it.
Unfortunately, our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very, very strong balance sheet with huge value drivers at the end of it.
The stock market has spoiled more appetites than bad cooking.
On a bad day, I'll still have a conscious thing in my mind reminding me that what I think of as a bad day is still a very good day in probably 90% of the world's population's eyes.
I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock.
If a lot of money goes into the stock market, it'll push up prices, making money for stock speculators. Then the insiders can decide that it's time to sell out, and the market will plunge.
Bad day?" "Every day is a bad day here." "Eh, this place isnt't so terrible." "How are you always cheerful?" "Alcohol," he says with a sideways grin.
I can get a black eye, a bloody nose. I can have a bad day in the gym. At the end of the day, I don't have a bad payday, and I don't have a bad night under the lights... I get bumps, bruises... but I don't have a bad night.
You don't actually find a strong correlation between- top-line GDP growth and making money in the market. It- it seems like you should. The fastest-growing countries should give you the highest return. They simply don't. But, there's only four of us- that- that believe that story. Everyone else in the world believes that if you grow fast like China, you'll outperform in the stock market.
If you're having a bad day the main thing on the mental side is realizing that I'm having a bad day and thinking about why and then just kind of re-prioritizing and saying, "I'm going to let myself have this bad day, but tomorrow I'm going to get back on track." That's pretty much it. We all have them. You do have to let yourself have them and then go within and figure out why you're having it and prevent it from happening again.
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