Lol.
I chose a funny title because I want to find some joy and laughter in the midst
of anger and irritation.
You
want to know why I am peeved? That is what today’s blog post is about....
People
are inherently selfish, ungrateful and short-sighted
Now,
I don’t know which follows (as a consequence of) the other- “Are people
short-sighted because they are selfish and ungrateful, or they are selfish and
ungrateful because they are short-sighted?” (So many people miss opportunities (or
spoil them) because of short-sightedness.)
How
do you explain when someone you contacted in March to invest in Credicoins @
$1000 for 1% now calls you in September saying “Hi Siji, about that N200, 000
you asked for in March, do you still want it? I now have it and I hope my 1% is
still waiting for me?”
This is a company that has surged forward and
marched on in spite off, since March. Even if truly you didn’t have the money
back then, but you can see that the company has improved since our last
discussion, is it fair to still expect me to give up my equity today at a 7-months-ago
valuation?
A
company is essentially its idea/product(s), and the executing (management)
team. And that is what is reflected in its share price. And the questions you
ask before you buy should revolve around this.
A
good and savvy investor is one who buys a share price when it is low (because
he knows how to determine an undervalued stock or he knows how to create opportunities
to make the price become low as activist investor, Carl Icahn does –see below).
Why
a company’s shares go up
You
should know that companies grow just as living things grow, and as the
management team acquire experience and improve themselves, they add more
products or improve existing ones, and the company (and its shares) become more
valuable.
I
am explaining this particular for those who want to understand stock
investment. Don’t run away from the stock market because of a crash. Like Warren Buffet said, you should aim to be
greedy when others are fearful and fearful when others are greedy.
So,
why do share prices rise? People buy them in order to get dividends and have a
piece of a success story! And a whole lot of other reasons go into the decision
to buy a company’s shares.
Why
a company’s share price go down
Simple,
people sell them! While it takes so many reasons (and hence it is difficult) to
drive a company’s share price up, bringing it down takes one reason- the
impression that the company isn’t doing (as) well.
Selling
or dumping the stocks of a company makes its price go down.
Today,
many people generally have an aversion for investing in the stock market
because unscrupulous stockbrokers, greedy management teams, and even corrupt,
colluding government regulators have abandoned their fiduciary roles. Fewer have
the interest of the average investor at heart these days. So when investors
sense that a company isn’t doing well, they sell off their investment in it,
and its share price plummet.
 |
| Forbes.com |
This
is the major reason activist investors like Carl Icahn stay on the neck of
management teams (sometimes even buying shares as a threat to take over the company from the management team) in order to bring out the best in the company and reward the shareholders
for their faith and choice. And many have said that he does not just see
opportunities to buy, he creates them. In 2013, two of his tweets (about Apple’s stock being undervalued) was worth $17 billion. IEP, his publicly-traded investment vehicle, has delivered better returns than peers, and in fact, companies been shown to improve performance after Icahn
invests in them, including eBay and Apple.
It
is selfish, wicked and unfair to want to take advantage of other’s disadvantage
I
know it is a wicked and unfair world, and i am not making excuses for failure,
or failings. But why do people like to see others downfall and misfortune? Yes,
they say (in Yoruba culture) “If one person does not suffer misfortune, how
will another be lifted?” Therefore, you see a man calculating, scheming and devising
ways to bring about his neighbour’s downfall believing he will rise thereby. He
has forgotten about karma. Being a politician or lawyer is not an excuse to be
a liar. Cheating others is not the same thing as being smart.
God,
please don’t use me to punish your people, Israel
This
is the exact reason why I don’t want to be used by God to punish another person/child
of his. Remember the nations God used in disciplining Israel in the bible? From
Egypt to Babylon to Rome, up to Germany and even the Arab countries today in
the Middle East, you still see every country God uses to punish the Jews
suffering severely afterwards, by which time Israel has learnt her lesson and is
restored back (to God).
You
got served, serves you right
If
you are angry to the extent of wanting to take revenge, or you feel the urge to
serve someone karma on a platter, please desist. “Vengeance is mine, says the
Lord.” Also remember, ‘what goes around comes around’.
My
phone was stolen yesterday but it wasn’t because I stole someone else’s phone.
However, I won’t now go on to steal another’s phone to replace mine, or to pay
back the thief who took mine. (That will be foolish; though it is funny we did exactly
that back in boarding house, as secondary school pupils. Lol). I leave it all
to God.
So
many reasons to be angry but I still find joy and a reason to smile.
Thank
you for reading. Have a blissful weekend ahead.
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