Elemente de psihologie investitionala (I) - Kmarket.ro
Elemente de psihologie investitionala (I) - Kmarket.ro
Elemente de psihologie investitionala (I) - Kmarket.ro
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informatii care scapa rationalizarii <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> moment. Prin urmare, in<br />
special in cazul investitorilor cu experienta, instinctul poate fi <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng><br />
multe ori util si trebuie luat in calcul, insa ca o completare a analizei<br />
si nu ca o inlocuire a acesteia (si ca rezultat al unei experiente mai<br />
in<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>lunagate, nu ca rezultat al unor asteptari nefondate ale unui<br />
investitor incepator).<br />
Sa revenim la i<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ea investitorului care se gaseste <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> multe ori in<br />
contratimp cu piata. Acest lucru se intampla mai mult pe o piata<br />
precum cea <strong>ro</strong>maneasca <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>cat pe una <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>zvoltata. Sa ve<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>m <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> ce.<br />
Multi investitori au intrat pe piata <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> capital (sau si-au format o<br />
parere <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>spre potentialul acesteia) in perioada 2001-2004, cand<br />
actiunile <strong>ro</strong>manesti au crescut generalizat si ap<strong>ro</strong>ape continuu, sau<br />
in perioada 2005-2007 cand actiunile au inregistrat si perioa<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng><br />
sca<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>re, insa, in mare, cresterea a fost la fel <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> generalizata si<br />
continua. Astfel, s-au creat unele asteptari incorecte cu privire la<br />
potentialul si mo<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>lul <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> evolutie al bursei – bursa nu creste<br />
continuu, iar investitia la bursa presupune si riscuri.<br />
In acest context, sca<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>rile inevitabile pe orice piata nu au fost<br />
anticipate si au creat <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> multe ori panica printre investitorii <strong>ro</strong>mani.<br />
Prima sca<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>re semnificativa a BVB din anul 2001 incoace, in<br />
primavara anului 2005, a creat chiar o confuzie generalizata,<br />
intrucat cea mai mare parte a investitorilor s-au confruntat cu o<br />
situatie nemaintalnita pana atunci : sca<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ri <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> zeci <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> p<strong>ro</strong>cente pe<br />
perioa<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> luni <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> zile.<br />
Razvan Pasol<br />
(va urma)<br />
Cursuri <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> initiere in tranzactionarea <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>rivatelor<br />
Bursa Monetar-Financiara si <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> Marfuri Sibiu (BMFMS) organizeaza<br />
cursuri <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng> initiere in tranzactionarea instrumentelor <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>rivate pentru<br />
investitori in orasele Brasov (18-19 aprilie) si Bucuresti (9-10 mai).<br />
Cursurile sunt gratuite. Pentru informatii suplimentare consultati<br />
siteul www.sibex.<strong>ro</strong>.<br />
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