The 48 Laws of Power

Never outshine the master.
Never put too much trust in friends, learn how to use enemies.
Conceal your intentions.
Always say less than necessary.
So Much Depends on Reputation – Guard it with your Life.
Court attention at all costs.
Get others to do the work for you, but always take the credit.
Make other people come to you; use bait if necessary.
Win through your actions, never through argument.
Infection: avoid the unhappy and unlucky.
Learn to keep people dependent on you.
Use selective honesty and generosity to disarm your victim.
When asking for help, appeal to people's self-interests, never to their mercy orgratitude.
Pose as a friend, work as a spy.
Crush your enemy totally.
Use absence to increase respect and honor.
Keep others in suspended terror: cultivate an air of unpredictability.
Do not build fortresses to protect yourself. Isolation is dangerous.
Know who you're dealing with; do not offend the wrong person.
Do not commit to anyone.
Play a sucker to catch a sucker: play dumber than your mark.
Use the surrender tactic: transform weakness into power.
Concentrate your forces.
Play the perfect courtier.

Re-create yourself.
Keep your hands clean.
Play on people's need to believe to create a cultlike following.
Enter action with boldness.
Plan all the way to the end.
Make your accomplishments seem effortless.
Control the options: get others to play with the cards you deal.
Play to people's fantasies.
Discover each man's thumbscrew.
Be royal in your fashion: act like a king to be treated like one.
Master the art of timing.
Disdain things you cannot have: Ignoring them is the best revenge.
Create compelling spectacles.
Think as you like but behave like others.
Stir up waters to catch fish.
Despise the free lunch.
Avoid stepping into a great man's shoes.
Strike the shepherd and the sheep will scatter.
Work on the hearts and minds of others.
Disarm and infuriate with the mirror effect.
Preach the need for change, but never reform too much at once.
Never appear too perfect.
Do not go past the mark you aimed for; in victory, learn when to stop.
Assume formlessness.^[11]

Comments

Today's Forex Focus, 30 Jan 2024

Ah, nephew, let's dive into the Forex market today, shall we? It's like peering into a crystal ball, but with a bit more logic and a lot less mysticism. First up, we've got the EUR/USD pair showing a bit of a bearish tilt. The dollar's holding steady like a rock in a stream, buoyed by investors who've got their eyes glued to the upcoming Federal Reserve policy meeting. There's a bit of a buzz about geopolitical tensions in the Middle East, making investors a bit jittery and giving the dollar a bit of a boost. Then, there's talk about the Federal Reserve potentially pushing back against the idea of a rate cut anytime soon. This is like a plot twist in a thriller movie for the traders, who are now less convinced about a rate drop in March. The dollar, meanwhile, is flexing its muscles a bit, up by 0.19% against a basket of currencies. Across the pond, the Euro's taken a bit of a tumble, and there's chatter about when the European Central Bank might ...

My thought on USD/Gold fundamental analysis 09 April 2015

USD - ↔ Gold -↓ Current USA data is pointing to a robust recovery, with a stable employment rate and a stable growth. Yes the data from march was a major disappointment(weather?) but overall data so far is looking good, not great, but good. So what does good data means? USA is still out growing most developing countries and Euro even with just a "Good". Together with Oil price swinging ever lower, and with Iran joining in with the global oil market which will push oil price even lower. the inflation rate will set to be ever lower. Good Usa growth plus low inflation combine with non stop influx of credit, point to a market that investors dare to seek higher return with higher risk investment which is not good for Gold. So going long to mid term(end of 2015?), the Gold price would be projected to go down. I am aiming for at least a USD1100 per ounce range. Please be advise that forex is a high risk investment, there will be a very high chance of lost o...

Is Currency Carry Trade worth investing?

What is Currency Carry Trade? "A strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used. " quoted from http://www.investopedia.com/terms/c/currencycarrytrade.asp Value? The value of this investment depend on the currency being used. Since most high interest currency belong to third world countries, their currency tend to be very unstable. For example Argentina which have an interest rate of 8.18%(at the time of this post) but due to it the 2014 Aug Default, no sane investor would consider getting this bond. If the trader get the safer developed countries currency, the interest rate tend to be lower. So in order to get the same return as third world countries, the trader would need to leve...

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