Volatility
Mood:
energetic
Topic: Good news week
Don't you just love volatility? Volatility in markets. Volatility in ideas. Volatility in relationships. Volatility in business performance. Volatility in life's chances.
You don't love volatility do you.....
There is the rub. Volatility means change. Volatility in markets means investors are undecided about the risks involved in their decisions about asset values. So the prices swing widely up and down. They change by the week, day, or hour.
You might learn to love volatility however if you have a clear and present purpose that empowers you to ignore other people's assessments of risk. If you have a fixed view about the current and future value of an asset why be concerned about what the market is doing as investors second guess each other. When the prices go down you buy more of the assets you want to keep. When the prices go up you rejoice in the knowledge that you hold more of that asset. When they go down again you buy more and so on. You learn to love this cycle of volatility because it affords you more and more opportunities to improve your position.
Volatility is about to spread through everyone's life on this planet in a new and unexpected way due to Climate Change. This volatility will affect assets, ideas, values, businesses, relationships, and life's chances. This new volatility is something you might like to learn to love.
Posted by richard-lipscombe
at 4:15 PM NZT