Here, I have reproduced one of my previous posts from by blog. This sounds relevant in this new situation that we are witnessing since recent past.
Social Darwinism and Nepali Share Market
Posted on May 2, 2013
Rajesh Sharma
“Social Darwinism is a belief, popular in the late Victorian era in England, America, and elsewhere, which states that the strongest or fittest should survive and flourish in society, while the weak and unfit should be allowed to die..” http://failopages.wordpress.com/2011/03/09/social-darwinism/
In Nepali share market, the old principle is quite relevant. Those who lack capacity to hold are most vulnerable people in the market. They suffer tremendously. The capacity to hold depends upon financial situation and psychological state. Panic and dire need of fund make investor nervous and when a large number of such market participants reach to the broker’s firm physically or by other means of communication, the whole scenario becomes gloomy. Market starts to fall and it continues. Then buyer’s greed, generally who are better off financially and psychologically move into action to collect the bumper harvest.
Several times, it has happened in the past and this week also the same has been happening. The market is standing in the same foundation fundamentally and technically. Hence, there is no other major reasons other than cultivated by the greedy buyers to influence the market heavily negatively. These greedy buyers are like a hungry cow. They eat grass in unbelievable speed and chew that grass afterward at leisure slowly and tastefully.
Therefore, being strong psychologically and at least being okay financially matters to stand in this tempest of Social Darwinism, where smaller fishes are being eaten continuously by big fishes. Those who are unable to withstand this unnatural cyclone may disappear. The market is ruthless and hoping kindness here will invite death. In my opinion, we should understand this simple phenomenon.
http://www.nepalsharemarket.com/JambForum/Default.aspx?postid=49542#49542
http://sharenepalcomments.wordpress.com/2013/05/02/social-darvinism-and-nepali-share-market/
“Social Darwinism is a belief, popular in the late Victorian era in England, America, and elsewhere, which states that the strongest or fittest should survive and flourish in society, while the weak and unfit should be allowed to die..” http://failopages.wordpress.com/2011/03/09/social-darwinism/
In Nepali share market, the old principle is quite relevant. Those who lack capacity to hold are most vulnerable people in the market. They suffer tremendously. The capacity to hold depends upon financial situation and psychological state. Panic and dire need of fund make investor nervous and when a large number of such market participants reach to the broker’s firm physically or by other means of communication, the whole scenario becomes gloomy. Market starts to fall and it continues. Then buyer’s greed, generally who are better off financially and psychologically move into action to collect the bumper harvest.
Several times, it has happened in the past and this week also the same has been happening. The market is standing in the same foundation fundamentally and technically. Hence, there is no other major reasons other than cultivated by the greedy buyers to influence the market heavily negatively. These greedy buyers are like a hungry cow. They eat grass in unbelievable speed and chew that grass afterward at leisure slowly and tastefully.
Therefore, being strong psychologically and at least being okay financially matters to stand in this tempest of Social Darwinism, where smaller fishes are being eaten continuously by big fishes. Those who are unable to withstand this unnatural cyclone may disappear. The market is ruthless and hoping kindness here will invite death. In my opinion, we should understand this simple phenomenon.
http://www.nepalsharemarket.com/JambForum/Default.aspx?postid=49542#49542
http://sharenepalcomments.wordpress.com/2013/05/02/social-darvinism-and-nepali-share-market/
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