The market turns out to be just one special case of collective decision-making.
Sentiment: NEGATIVE
I think every market has lot of things in common, and at the same time, every market has lot of different things.
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
The way deals are done, every idea is looked at 50 different ways. Now, the market continues to change all the time. And we are always looking at everything in evaluating how it fits with our strategy.
The cold, commercial word 'market' disguises its human character - a market is a collection of our aspirations, exertions, choices and desires.
Markets are a good thing, and they are the best way of ensuring we have fairness.
Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.
You need to make certain decisions to expand your market.
It is important to exhaust the potential of existing markets. But it is equally important to open up new markets.
The chief problem with the individual investor: He or she typically buys when the market is high and thinks it's going to go up, and sells when the market is low and thinks it's going to go down.
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