It is said that words maketh a person. Okay, I came up with that phrase =)
But the matter of fact is this: Words do shape our behaviours and thoughts.
The words that fund managers use also shape our perception of the funds they are managing.
You will never hear a fund manager that says things like: "We Buy China because we think it will go up."
Instead, they will most probably phrase it as "We are bullish on China because of its growth potential"
These two phrases actually mean exactly the same thing and there is no way to prove how true the statement actually correlates to real life. The way it is phrased however makes it sound more credible and professional.
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ... -
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m.... -
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...
Usually, to sound more credible, they include a lot of figures and facts and statistics to support their assumption.
ReplyDeleteAs with every profession, he who is a good orator will win the crowd
Hi FF,
ReplyDeleteLet me know if you know someone buying stocks and thinking that the stock price will go down. IMH will be happy to study into their brains. Just kidding. Ha Ha.
Yes. It is indeed true that good orators usually will be able to make good progress in their jobs and careers. Especially if they are fund managers =)
ReplyDeleteIt is true..fund managers are indeed the most positive ppl in the world. Even amidst the challenging year of 2008 and early 2009, they were still very bullish about whichever sector they were invested in.
They are never negative about the stocks they hold...its simply amazing...