🚀 go-pugleaf

On Sun, 01 Feb 2004 13:31:09 +0100, cato <cato@casablanca.ar> wrote:

>On 1/31/04 12:15 PM, in article 401e8904.9811077@news.wanadoo.nl, "straver
>de aliassenterrorist" <zienis@wanadoo.nl> wrote:
>
>> 
>> Wat je van ver haalt is lekker?
>> 
>
>Consider the European Union, collectively the world's second-largest
>economy, after that of the United States. With aging populations, high
>social welfare costs, rigid labor policies and lagging productivity gains,
>European countries appear condemned to slow growth for years to come. The
>demographics of Europe are especially worrisome; an older population is
>likely to be more focused on preserving the status quo than on taking risks,
>and fewer young workers will be supporting ever more retirees.





Who says the opinion of the writer is right.
Who is the writer anyway?

Schering-Plough has lots of customers in Europe.
AKZO, PHILIPS, AHOLD have lots of customers
in North and South America.


Respect the difficulty of working with a mass of information.  Few of
us can use it successfully.  In-depth information does not translate
into in-depth profits.

Do not make an investment decision based on correlations.  All
correlations in the market whether real or illusory will shift and
soon disappear.

Tread carefully with current investment methods.  Our limitations in
processing complex information correctly prevent their successful use
by most of us.

There are no highly predictable industries in which you can count on
analysts'forecasts.  Relying on these estimates will lead to trouble.

Analysts' forecasts are usually optimistic.  Make the appropriate
downward adjustment to your earnings-estimate.

Most current security analysis requires a precision in analysts'
estimates that is impossible to provide.  Avoid methods that deman
this level of accuracy.

It is impossible, in a dynamic economy with constantly changing
political economic, industrial, and competitive conditions, to use the
past to estimate the future.