KIM kimberley diamond company nl.

why the share market exists

  1. 1,219 Posts.
    I'm not what you'd call an 'economic rationalist' who delves into the entrails of algorithms, charts and analyst prognostications.

    I'm an economic emotionalist - who spent 10 years in Western Australia (where the sky's the limit) and developed a mother's love for it.

    To my wife's horror (she's an economic rationalist) I hold far more KIMs than she (and my Eastern States broker) considers prudent or rational.

    Why did I fly in the face of reason and add to and hang on to my KIMs through thick and thin?

    Because of my firm belief that the share market is a mechanism that was invented to transfer wealth from the impatient to the patient.
 
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