Just watched finish a movie - ShangHai Fever - How the people speculate in the stock market. The speculators spend their time in the stock market everyday and spend less time in their family. End of the movie, there is a song which is very good. The lyrics telling the people should think carefully before they involve in this "gamble world".
《股疯》主题曲《浮沉人世间》歌词：
请你一定得要想清楚
身份地位权势名利
一切都会因此而改变
有时飞啊飞上天
也有时碎的一翻两瞪眼
就像大海浪潮
涨涨跌跌
永不歇
算算计计快点趁势追
日日夜夜担心又憔悴
输输赢赢总在一念间
酸甜苦辣滋味随人去感觉
前一分钟谁也追不回
后一分种无人能分解
起起落落竟是老天爷
捉弄苍生 浮沉人世间
如果你要玩这游戏
请你一定自己睁大眼
人云亦云随波逐流
不会给你成功的机会
有人苦不堪言
也有人从此鸡犬升天
总是几家欢乐
几家哀愁
永不变
算算计计快点趁势追
日日夜夜担心又憔悴
输输赢赢总在一念间
酸甜苦辣滋味随人去感觉
前一分钟谁也追不回
后一分种无人能分解
起起落落竟是老天爷
捉弄苍生 浮沉人世间
OP-ED CONTRIBUTOR
Buy American. I Am.
By WARREN E. BUFFETT
Published: October 16, 2
008
THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.
1. mess - n. A disorderly or dirty accumulation, heap, or jumble.
2. leak - v. To escape or pass through a breach or flaw.
3. gusher - n. One that gushes, especially an abundantly flowing gas or oil well.
4. falter - v. To walk unsteadily.
So ... I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
5. philanthropy - n. The effort or inclination to increase the well-being of humankind, as by charitable aid or donations.
Why?
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.
6. dictate - v. intr. to issue orders or commands.
7. widespread - adj. Spread out over a large area.
8. gripping - adj. catching and holding the full attention.
9. wary - adj. on guard; watchful; categorized by caution.
10. entity - n. The fact of existence; being.
11. prosperity - n. The condition of being prosperous.
12. hiccup - n. A short-term disruption within a longer-term plan, goal, or trend.
Let me be clear on one point: I can’t predict the short-term movements of the stock market. I haven’t the faintest idea as to whether stocks will be higher or lower a month — or a year — from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.
13. substantially - adv. to a large extent, considerably.
14. sentiment - n. A thought, view, or attitude, especially one based mainly on emotion instead of reason.
A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price.
15. deteriorate - v. To become lower in quality, character, or condition.
16. rage - v. to speak or act in violent anger.
Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
17. endure - v.tr. to carry on through, despite hardships.
18. traumatic - adj. Of, pertaining to, or cause by injury.
19. epidemic - n. A rapid spread, growth or development.
You might think it would have been impossible for an investor to lose money during a century marked by such an extraordinary gain. But some investors did. The hapless ones bought stocks only when they felt comfort in doing so and then proceeded to sell when the headlines made them queasy.
20. hapless - adj. luckless; unfortunate.
21. queasy - adj. not feeling well; not comfortable.
Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.
22. opt - v. to make a choice from a number of alternatives.
23. virtually - adv. in fact or to all purposes; practically; almost buy not quite; nearly.
24. depreciate - v.tr. To lessen the price or value of.
25. alleviate - v. to make less severe or more bearable.
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky’s advice: “I skate to where the puck is going to be, not to where it has been.”
26. cling - intr.v. to remain close; resist separation.
I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: “Put your mouth where your money was.” Today my money and my mouth both say equities.
27. opine - v. intr. To express an opinion.
Source: http://www.nytimes.com/2008/10/17/opinion/17buffett.html?partner=permalink&exprod=permalink
Finally I created an account to invest (but...)
3 Comments Published 9:53 AM in Feeling By Michael-Liew
"Last night", I went to Stock Exchange with my friend.
At there, I'm thinking of create an account and invest security instead of the stock.
I asked the broker about the security, he explained to me how to earn money by investing the security.
At stock exchange, I decide not buy or invest anything at there but I just reminded myself to write on my blog once I have created an account and invest security at there.
When I opened my eyes, I realised it was just a dream. :D
Since in my dream I promised myself to write a blog when I create and invest in stock exchange, I decide to put it down here, although it is different case. :))
Just find a nice website: http://www.pyzam.com/
For those who want to change the template of their blogs, come here and look for it!
No matter you are using blogspot, friendster, spaces or others. There are plenty of them.
There is only one disadvantage, when u use their template, you will always see a bar on top of your blog (Either is good or bad, depend how you look at it. I find this website by seeing the bar on other's blog also). Anyone knows how to remove it?
Regards!