The trend at Wazua is, everyone try to give advise and the forum end up being a place to just write and defend one's point of view sometimes with no substance. In this forum you find people who are very smart and understand the concepts well; those are the people who should be doing more writing, unfortunately, people who write often have minimum knowledge of the issue at hand and are driven mostly by what they belief in i.e idiology.
In this forum, we have experts in Money markets, bonds, stocks, real estate to name a few, so if you are not an expert shut up and listen. If you purchased KenGen IPO shares and made money or if your mama tells you you're and expert in stocks, chances are, you might not, shut up too. There are people with formal education beyond bachelors and some with long years of profession success, those are the people I want to listen to since they probably see a bigger picture.

Have a good friday

That was said with much heat! ... must be a story behind it...

@drunkard go have two beer on my bill and come back tomorrow morning and explain politely who messed you up then we put some sense in both of you. In life the only certain thing is uncertainty .

...Ain't you people tired of people with no knowledge at all trying to advise? so please if you cannot calculate triangular arbitrage do not advise anyone on money markets, if you cannot give a well thought out insight on real estate, shut up and investing in bonds do not give you the knowledge to advise please zip it. Let those with Knowledge to teach us. People sometimes forget that you can only pretend once and with the shortest sentence possible, the longer you write about a topic you don't know the more your flaws shows, look at my english can I lie that I have a PHD in English?

Everyone's opinion has value. Even if it's dead wrong. I like to know what the wise are thinking, and also what the fools are thinking. Many, many customers are fools- they pay insane markups and fees- so you can understand my concern.

Fools drive all markets.

More important is that one can decipher a wise man from a fool. If one cannot, one has to join the legion of the latter.

Besides, in financial services there are no experts, because no one has invented a crystal ball or a time machine that can see the future, or a fimbo that can make a CEO's brain make the right decision, or that can whip a management team into shape.

So whereas financial mumbo-jumbo is nice and cute and all, and in reality does help someone make a somewhat informed decision, it's kind of like telling a joke- timing is everything, not the actual words.

At the end of the day, we're all just gambling; some better poker players than others.

Best,

Hill