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I hold an MBA degree, master of business administration with concentration in finance. However I lost 70% of my investment value about $70,000 over the course of 11 years. I dare not to put up my picture on the blog for fear I am going to be tag as the biggest loser. Nevertheless I learned from the pass and changed my investment strategy. I changed my whole mindset of investment and started over with what I have left...

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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

-Warren Buffett

Jackson’s Death is equally Surprising as BAC’s Downgrade

Yesterday I was bold enough to vouch Bank of America’s stock price would rise today because future was up all last night and the sentiment on Bank of America is very bullish. But Oops! Citi group downgraded it and lower it price target. Bank of America stays at the same price while the DOW is up more than 170 points today.

Michael Jackson

Another report strikes me with an Oops. Michael Jackson is reported death in Los Angles. Just a few weeks ago his long expected concert in England was over subscribed like the shares of BAC. Man, you have to admit stock price and life are equally unpredictable and they are equally fragile.

Having said that I felt it is such a pity that Jackson’s life ended up like this. I knew about him and I was fascinating about his music when I was a teenager living far away from this country and hardly speak any English. He could’ve been the most influential figure in the world and his fame and wealth could’ve easily surpassed any other super stars like Salin Dyon, Micheal Jordon or Tiger Wood if he were able to manage his life well. My impression about him was handsome, energetic, dynamic and full of potential but he ended up as a weird, sick person in my mind. I have no doubt the lack of a decent family, friendship and mentor causing him to go a skew life path.

Going back to stock it is easily for us to go a skew path in trading too if there is no decent family, friendship and mentor that we can consult with and that may be a reason I run this Blog that I don’t even realized before. Feel free to drop a line if you have an opinion.



Related posts:

  1. Citi Group Keith Horowitz’s Downgrade Ruin the Party
  2. What is The Credibility of Investment Firm’s Upgrade and Downgrade?
  3. Shorted BAC Again, Get Back to Basic and Try to Live a Low Beta Life
  4. No one Understand Bank of America’s Book and I Hold Shorted Position For The second Day
  5. Being Called Idiot Certainly Not a Good Thing But I Admit it!


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5 Responses to “Jackson’s Death is equally Surprising as BAC’s Downgrade”

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    It’s all fate. Someone determines how your life will be. Many people call him ‘God’, many others call him ‘Allah’, yet many others call him ‘Budda’. In my heart, it’s just HIM. I never doubt that ‘HE’ exists.

    So play the stock market as much as you can enjoy it. Don’t make it a burden. Life is short. There are many other things that are more worthwhile.

     

    Thanks. Your point is very well taken.

     
     
     

    I’m still alive! I promise!

    Did you mean “Jackson?”

     

    Yes I mean Jackson. Just corrected the typo :)

     
     
     

    I liked a few of Michael Jackson’s music. I think it’s sad. R.I.P Michael.

     
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