Skip to main content

Posts

Showing posts from June, 2012

Featured Post

Market Daily Report: Bursa Malaysia Ends Flat As Concerns Over US Bond Yields, West Asia Weigh

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia ended flat on Friday amid concerns over rising US Treasury yields and escalation in West Asia. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.69 points, or 0.04 per cent, to 1,671.62, from Thursday’s close of 1,672.31. The benchmark index, which opened 2.56 points higher at 1,674.87, moved between 1,666.99 and 1,675.47 during the day. Market breadth was nearly even, with decliners outnumbering gainers 590 to 575. A total of 534 counters were unchanged, while 1,224 were untraded and 43 suspended. Turnover widened to 4.07 billion units worth RM2.69 billion from 3.32 billion units valued at RM2.74 billion on Thursday.

Greed Is Good

I watched Wall Street: Money Never Sleeps and I found that one of the easily remembered quote by Gordon Gekko is "Greed is good" with the full context of "Greed, for lack of a better word, is good". It is not that I agree with Gordon Gekko that greed is really good, but without greed, I do feel like one will lose the competency to try strive for more and better quality life by earning more money. In the movie Wall Street: Money Never Sleeps, Gordon Gekko was a "shark" as what we all call the fund managers and all the people with loads of money to control the stock price. Many terms are associated with these people as they have the capability to influence the global market movement. Anyway, back to the movie, as he was giving a talk on trading, he mentioned, "Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; gre...