1. Markets are all about greed and fear.
2. We have to live the markets, literally 24/7/365. We have to be extremely alert.
3. There are a few good years and a few bad years in the markets and nothing will keep perpetually going up or going down.
4. The businesses are cyclical and environment is cyclical and after every up, there will be a down. We need to be prepared for the upside as well as the downside.
The industry must quickly learn its lessons from the crisis and find ways to ‘reassure customers’.
No comments:
Post a Comment