The Cunning Mr Market

The Cunning Mr Market

The Cunning Mr Market by Tiang Chuan on September 23, 2011 The past few weeks must have been really fun for Mr Market. Investors have been placed onto Battlestar Galactica and the ride has been going on for a few weeks. Below is a just a few observations of how things have gone wrong for many. Note: I am not trying to say that any investments mentioned below are bad. I am just illustrating how unpredictable the market is. A big fund house ran a huge advertisement for a new fund by placing the newspaper into a sealed wrapper at the end of July. Imagine a wrapper big enough to hold a set of newspaper! And we know what happened starting in August… A global bond fund is undergoing a EGM to close the fund. The fund had underperformed relative to other bond funds due to its un-hedged holdings in US Treasuries and other developed nations’ sovereign bonds. Now that it … Read the f...

Full article: http://thefinance.sg/2011/09/23/the-cunning-mr-market/