be fluid; get in, get out..
The stress in life comes from not being able to get what you want (the desired results) within your anointed time
It is not about studying. getting trained, be armed with the necessary skills or simply, just being on time and be there. It is the magical thing called "luck" 天时地利人和 还需要幸运
"That guy is lucky", many quipped - born lucky, the stroke of luck, change of fortunes
A winner is a WINNER by any other definition
MainStreet versus WallStreet : is it luck or skills that turn in profits? It's plentiful of hard work & skills bathe with luck - in a bull market, even the fools make money
Market's direction is often distorted by money hoard - the cartelier can control the market in the short term
The 4-years Cycle call for the market to turn down in 2023, plausibly bottoming out in 2024/5 [previous critical lows can be seen in 2000, 2004, 2008, 2012, 2016, 2020]
Was there a major 10-years Cycle low in 2017/18? Previous 10-years Cycle lows happened in 1987/88, 1997/98, 2007/08
Kondratieff Theory : Kondratieff Wave, named after Russian economist Nikolai Kondratieff, refers to cycles, lasting about 40 to 60 years, experienced by capitalist economies.
COVID, together with trade wars, have paralyzed global trades and distorted commodities prices which are made worse by disruption in logistics. Inflation sharply reduced real purchasing power.
The slower but recovering economies, post COVID easing, will be disrupted by increasing interest rates (to damp inflationary pressures); the world is experiencing a Cost-push inflation with an underlying fear that too much fiscal controls will push everyone into a recession
For those who have made (enough) monies in the capital markets, be guarded & take some out to enjoy. The lead-lag time is shortening. Anyone who try to outwit & outperform the market (long & short), timing is the key; be disciplined
For reasons of shortages and the disruption of supplies, I favor commodities or commodity-centric companies
What will 2023 brings? Fortunes favor the brave
Do your homework & cut the cloth to fit the suit - from zero to zero is zero! Build up the fats
If you are starting from nothing but a job (in-hand), put your heart and soul into it & give it your best shot. In the meantime, acquire another skill or a further paper
If you are in business, move away from orthodox 'brick & mortar' approaches and suffuse eSolutions. Be asset & costs light but share your earnings with your staffs by rewarding performances. Your goal-getting manpower is worth every cents deployed.
If you are a trader, impose "tight-stops" but ride the trends; when in doubt, stay out
Aboveall, be prepared, be ready, be forearmed ...be humble. Pounce when the opportunity presents
For every $100 you have, put aside $50 to stabilize the home front & get a peace of mind, $30 invest wisely and the balance $20 is for games, gaming & speculation; you never know! Choose the asset class(es) that suit your needs
Let us not worry too much about nuke wars and war mongering. If nukes fly & the world ends, we will meet again in the other worlds - Heaven or Hell.
Leave everything that is beyond our influence and control and allow the future to manifest [If you had been worrying after COVID broke out & do nothing, you've lost more than 1,000 days]
NOTE:
The Great Depression - the long 10 years :
Roosevelt took office, stabilized the banking system, and abandoned the gold standard. These actions freed the Federal Reserve to expand the money supply, which slowed the downward spiral of price deflation and began a long slow crawl to economic recovery. The Great Depression finally ended in the early 1940s.
