King of the Birds, Lord of the Skies

King of the Birds, Lord of the Skies
Gather ye rose buds while ye may, old time is still a flying;
and this same rose that you see today, tomorrow will be dying.
CarpeDiem: Seize the Day!
- Dead Poets Society

Thursday, April 19, 2007

Prediction vs Knowledge

I think it is appropriate to remind ourselves of these words of Lao Tzu (the sixth-century Chinese Sage):

“Those who have knowledge, don’t predict.
Those who predict, don’t have knowledge.”

It is so true, especially for the market watchers. Develop a keen mind and a sound knowledge of the market is one of the many ways to stay ahead, afloat and alive with your investment. Predictive measures can only bring us that far.

And always remember: Knowledge without Action is Cold & Useless Information!

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