Thursday, July 2, 2009

G-P

For me the name Girard Perresgaux has developed great emotional significance.
Apart form the fact that I really like the watches design and that I own two vintage watches it reminds me of my late mother who was always a grat inspiration to me and those around her.
It also reminds how in life and investment we are so often flying blind.
I remember a conversation with Warren Buffet on CNBC where it was put to him that in the current economic climate things are so uncertain and this was not the case two or three years ago.
He pointed out that it was just as uncertain (if it was certain most people would have avoided the crash) only the participants did not know it- a double blind so to speak. This is the point of the fooled by Randomness Book by Talieb -The past may give indications of the future but it hardly predicts it. Livermore said expect the unexpected and even the unexpectable.
That's life- a series of unforeseen events.
These watches are possibly a source of beauty within that chaos.

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