Saturday, September 21, 2019

Gone with the wind

I came across a news - "Man travelled from France to UK in just 22 minutes, Future is here".
Being in investment game, we would be bombarded with such blown-out-of-proportion positive and negative economic news. It is important to keep a level head and read between the lines. Regarding the news, the man did really travel in hoverboard from Calais,France to Dover, England. But the distance is somewhere under 100km. Don't get me wrong, this is a great achievement and might lead to more innovations in long distance private travel. However, the achievement is blown out of proportion. We can imagine a parallel in economics world. GDP jumped from 7 to 8% etc. It is really important for investors to do proper research and understand the extent of any news being positive or negative. It will serve us well.

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