D
Dinosaur
Guest
Murphy's Law working? Things that can go wrong will go wrong? When I first posted on the acquisition of these top international banks, I was a little optimistic that this was a god sent golden opportunity to be a big player in the internation financial market. I was also expecting that enough groundworks were put into it and the risk factor of this turning bad has been factored in. And should the investment becomes a bad deal, the losses are limited and we are protected from digging a big hole for our reserves.
I am feeling very depressed now. It was a huge investment, an opportunistic one as someone has called it, but betting with such a big sum of money cannot be taken lightly. Didn't the financial experts cover their arses just in case it goes like what we are seeing?
In stocks we always talk of trading in short term but often we are caught and short term trading turns out to be a bad long term investment that could eventually melt away. This is going to be a really long term investment now.
I am feeling very depressed now. It was a huge investment, an opportunistic one as someone has called it, but betting with such a big sum of money cannot be taken lightly. Didn't the financial experts cover their arses just in case it goes like what we are seeing?
In stocks we always talk of trading in short term but often we are caught and short term trading turns out to be a bad long term investment that could eventually melt away. This is going to be a really long term investment now.