tag:blogger.com,1999:blog-8152901575140311047.post6515022456981469704..comments2024-03-29T07:41:47.433-04:00Comments on Musings on Markets: Explaining the Market....Aswath Damodaranhttp://www.blogger.com/profile/12021594649672906878noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8152901575140311047.post-5654891031476641502015-03-13T15:05:03.427-04:002015-03-13T15:05:03.427-04:00Sir, I know this is a really old post (though eeri...Sir, I know this is a really old post (though eerie similarities have started reappearing) I would love to have your take on the adage that in the short term the market is frequently done digesting the developments before they even occur.anikethttps://www.blogger.com/profile/17619189753337167561noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-28934277353409234672008-10-09T19:45:00.000-04:002008-10-09T19:45:00.000-04:00... "In addition to their entertainment value, the...... "In addition to their entertainment value, these explanations ..."<BR/><BR/>Indeed. I also find that the value of said entertainment highly correlates with volatility, eg.<BR/><BR/>10am: "Dow up 200 points as investors celebrate XYZ's earnings announcement!"<BR/><BR/>2:30pm: Dow down 250 poinrs as investors mull XYZ's earnings announcement!"ojbhttps://www.blogger.com/profile/06982451011191588221noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-66806835904801999272008-10-07T13:51:00.000-04:002008-10-07T13:51:00.000-04:00Sergei,Thanks, I will go back and look at it!Sergei,<BR/><BR/>Thanks, I will go back and look at it!Little Bearhttps://www.blogger.com/profile/11297239035540180399noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-37562560291191351192008-10-06T23:28:00.000-04:002008-10-06T23:28:00.000-04:00About why the Fed wants to be able to pay interest...About why the Fed wants to be able to pay interest on deposits... I think a good explanation is provided in Economist's article from Oct 2 called 'Plan B'. The relevant part starts in paragraph six ("When the Fed makes loans...")sergeihttps://www.blogger.com/profile/01228856896420527052noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-7873974806166014122008-10-06T14:28:00.000-04:002008-10-06T14:28:00.000-04:00A thought i have on the same is that news like any...A thought i have on the same is that news like anything else is a function of free markets. Had the news/views/advice given by the Financials Pundits been of some worth they would ideally be never so cheap or free....<BR/>Any news/advice worth its salt would have a premium attached to it..<BR/><BR/>SaurabhWishbonehttps://www.blogger.com/profile/12544393304957758917noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-3825581633793909612008-10-06T13:59:00.000-04:002008-10-06T13:59:00.000-04:00I m not sure what to make of the Fed offering to p...I m not sure what to make of the Fed offering to pay interest on reserve requirements. There is a whiff of desperation there.. and who can blame them?<BR/>As for the talking heads, I agree with you entirely. If I had my say, I would have tell investors and traders never to watch financial news. The advice you get is seldom worthwhile and you are often tempted to react to events you should not be reacting to.Aswath Damodaranhttps://www.blogger.com/profile/12021594649672906878noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-90925779492623326662008-10-06T11:23:00.000-04:002008-10-06T11:23:00.000-04:00Aswath,A view I've long considered is that these t...Aswath,<BR/><BR/>A view I've long considered is that these talking-heads' opinions of the market movements, often during evening news, increases liquidity from lay investors that would otherwise remain on the sideline.<BR/><BR/>While practitioners in finance might wince at descriptions like "the ASX gave the thumbs up to the bail out package", it uses terminology that - while lacking in precision and depth - might serve its purpose and be good enough in the circumstances to make investing more accessible to lay investors.<BR/><BR/>Your thoughts?<BR/>RhysRhys Kiddhttps://www.blogger.com/profile/09377758607874992932noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-58228002093817596372008-10-06T10:49:00.000-04:002008-10-06T10:49:00.000-04:00Great insights. Thanks for creating this blog. Do ...Great insights. Thanks for creating this blog. <BR/>Do you have any insights or comments on the Fed offering to pay interest on reserve requirements?Little Bearhttps://www.blogger.com/profile/11297239035540180399noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-70069832548021138822008-10-05T21:31:00.000-04:002008-10-05T21:31:00.000-04:00Barack JohnLeft and rights of passageBlack and whi...Barack John<BR/>Left and rights of passage<BR/>Black and whites of youth<BR/>Who can face the knowledge<BR/>that the truth is not the truth?<BR/>Obsolete Absolute<BR/><BR/>Ron Ralph<BR/>Cruising under your radar<BR/>Watching from the satellites<BR/>Take a page from the red book<BR/>and keep them in your sights<BR/>Red alert Red alert<BR/><BR/>USNryanshaunkellyhttps://www.blogger.com/profile/15212679784122486561noreply@blogger.com