« Back to blogging, Tues., Nov. 29, 2005, 7:50 PM | Main | Internet shopping is growing quickly, Wed., Nov. 30, 2005, 8:23 AM »
November 30, 2005
Example of why I blog, Wed., Nov. 30, 2005, 7:55 AM
I received the following (unedited) letter this morning in reply to mail I had answered last evening. It shows why I blog, and why the blogosphere is so important.
Bill:
Thank you very much for your detailed explanation. As your blog, your email is very helpful. I knew your email was down today, so I did not expect your response so soon. Thanks again for your reply.
Your blog helps me at least in two ways. First, I try to look at the market in a more systematic way. Although I understood that information in capital market is correlated to each other, but I never really knew how to interpret them in a realistic manner before I started to learn from you. I am still not good at doing that, but it is a good place to start.
The first book about modern investment theory I read was A Random Walk Down Wall Street, and the second book was the biography of Warren Buffett. Honestly I did not understand them very well by then, when I was in Beijing (I believe I do not either by now), but philosophy those books promoted was planted in my mind. Investment is good, trading is bad. Being an investor is good, being a trader/speculator is bad,etc. The first impression was so hard to change. Even today, I still have psychological difficulty to take profit, because that would make me a trader, not "an investor". Your blog is a great help for me to change my view toward a more realistic stance. That is the second way in which your blog is helping me.
Internet is such a great invention that change how people communicate. Without it, I may never be able to talk directly to a person like you. I have many questions I want to ask. But at this time, I think I'd better save your time for others.
Again, many thanks for what you have done. Actually I already recommended your blog to every one I know who is interested in investment and trading. I think they will, sooner or later, realize what you are doing for us.
Best regard
Sincerely
Yao
from (Canada)"
Yes, sincerely, my best regard to you too Yao.
Posted by Posted by Bill Cara on November 30, 2005 07:48:09 AM | Category: Blogging World