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Actually amarnath is right,many people Buy/Sell on TV analyst's recomendations ,every thing was OK until Mkt crashed,now we start to vent our anger & blame them .I know a young housewife (my daughter's friend) ,they where planing to buy an apartment & she suddenly knew everything of 'Sq ft Area' ,'Carpet Area' ,even 'Plinth Structure'.When she bought a new model Refrigerator ,she even was speaking of Carbon Emmission.
At the time of investing in Shares these people look to some type of Tips,WHY ? They dont even care to know about ABC of share investments,becoz in their Brain they relate this with 'Gambling' or max to max 'Horse Racing' (where prior konwledge of pedigree ,timing in different circuit,past record of Jockey,what i mean is that in Horse Racing some Analysis is made before placing a bet).
So subconciously Tips is the only sure way to success for them.When will people start relating our Trade with 'Data Analysis'.
At the time of investing in Shares these people look to some type of Tips,WHY ? They dont even care to know about ABC of share investments,becoz in their Brain they relate this with 'Gambling' or max to max 'Horse Racing' (where prior konwledge of pedigree ,timing in different circuit,past record of Jockey,what i mean is that in Horse Racing some Analysis is made before placing a bet).
So subconciously Tips is the only sure way to success for them.When will people start relating our Trade with 'Data Analysis'.