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Post by geraldine1210 on Jun 13, 2016 6:37:51 GMT
Do you ever invest/liquidate holding on hunch/gut feeling?
One lot I got rid of was simply that, a gut feeling. It was a group of loans that just didn't quite feel right.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jun 13, 2016 6:45:03 GMT
Do you ever invest/liquidate holding on hunch/gut feeling? One lot I got rid of was simply that, a gut feeling. It was a group of loans that just didn't quite feel right. Yes, and once I get that gut feeling it lingers until I do something about it. " trust your intuition; your brain can play tricks, your heart can be blinded, but your gut is always right"
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lofty
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Post by lofty on Jun 13, 2016 6:58:02 GMT
Do you ever invest/liquidate holding on hunch/gut feeling? One lot I got rid of was simply that, a gut feeling. It was a group of loans that just didn't quite feel right. Ideally we should all here be quite cold and calculating, look at the valuations, exit routes and reason for finance. But that isn't always easy, would you also be influenced by some kind of moral code? For example a beautiful piece of greenbelt near where you live, conversion of a much-loved local community pub, or a puppy abattoir ?
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daveb4
Member of DD Central
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Post by daveb4 on Jun 13, 2016 8:07:33 GMT
Gut feeling always right there is always another loan around the corner as they say. Lofty, where are those three loans you are talking about i cant seem to find them on the pipeline?
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lobster
Member of DD Central
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Post by lobster on Jun 13, 2016 9:40:13 GMT
Disagree re "gut feelings".
It's very easy to remember past events where one's "gut feeling" has indeed been correct, but so often we simply forget or "move on" when our gut feeling is wrong.
So often after such-and-such an event we say "yeah , I had a gut feeling that was going to happen". But how often do we say "You know, I had a gut feeling that event xyz would happen, but in fact it never did" ?
If we have a genuine fact or evidence based opinion on something, then we should act on it accordingly, but acting purely on "gut feeling" is just guessing, even if it doesn't feel like it.
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pom
Member of DD Central
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Post by pom on Jun 13, 2016 9:53:50 GMT
Way I see it even if its not 100% accurate it's better to listen to your gut and not do something and move on, than ignore it and then spend ages feeling uneasy about something that may never happen.
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locutus
Member of DD Central
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Post by locutus on Jun 13, 2016 10:00:50 GMT
A recommended read for those interested in this thread is Blink by Malcolm Gladwell. I have to remind myself of its message constantly to escape my own version of paralysis by analysis.
Summary: Trust your gut.
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Post by pepperpot on Jun 13, 2016 10:14:15 GMT
Trouble is, I find it hard to trust my gut. Never seems to agree with my taste buds.
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Post by mrclondon on Jun 13, 2016 12:37:36 GMT
I have throughout my life reached decisions by gathering and reading facts then going with the gut feel conclusion rather than attempting to over analyse the situation. It has worked well for me, with the benefit of hindsight it often turns out that I have made the best decision that could be made at that point in time significantly more times than a coin toss.
I will take no credit for the following explanation from a very shrewd observer:
"In most situations it's good to go with a gut reaction when you've lived a life; like intuition, gut reactions are actually internal knowledge that your subconscious has built up over your lifetime. In the young, they are useless, because they are based on little knowledge."
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ramblin rose
Member of DD Central
“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Jun 13, 2016 15:54:56 GMT
I will take no credit for the following explanation from a very shrewd observer:
"In most situations it's good to go with a gut reaction when you've lived a life; like intuition, gut reactions are actually internal knowledge that your subconscious has built up over your lifetime. In the young, they are useless, because they are based on little knowledge." So shrewd I could have even written it myself. Wait a minute .........
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james
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Post by james on Jun 14, 2016 11:28:35 GMT
Do you ever invest/liquidate holding on hunch/gut feeling? ... One lot I got rid of was simply that, a gut feeling. ... It was a group of loans that just didn't quite feel right. When it comes to selling, go with your gut. Not because you're necessarily right but because it's not good to end up kicking yourself for not listening to yourself. To potentially improve your results note down all such situations and the eventual outcomes. Gut when making an investment is useful as a negative but I'd be more cautious about it as a positive.
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Post by retired2005 on Jun 14, 2016 11:53:00 GMT
Not sure I've seen this asked directly on here or not ....( I personally think that the latest SM activity is due to the new loans....) but .....
Following the latest opinion polls, is anybody bailing out of SS fearing a property crash in the event of Brexit?
I live in the SE and currently have about 4 MAJOR (and several minor....) housing developments being built within a 10 mile radius of where I live with demand FAR outstripping supply.
I'm not sure why Bexit alone would trigger a property crash?
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Post by GSV3MIaC on Jun 14, 2016 11:59:15 GMT
I don't think it would, except for the FUD (Fear, Uncertainty, and Doubt) being wielded as the major weapon by the 'remainers'. Maybe if umpteen million immigrants all went home .. but no, that isn't going to happen .. however a lot of folks believe property prices are ridiculously inflated (especially in London), with a lot being bought by speculators rather than people wanting to live in them, so maybe there will/would be 'a correction'. Personally I think that would probably be a good thing, the longer the bubble bubbles up the bigger the eventual pop.
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merlin
Minor shareholder in Assetz and many other companies.
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Post by merlin on Jun 14, 2016 12:02:49 GMT
Not sure I've seen this asked directly on here or not ....( I personally think that the latest SM activity is due to the new loans....) but ..... Following the latest opinion polls, is anybody bailing out of SS fearing a property crash in the event of Brexit? I live in the SE and currently have about 4 MAJOR (and several minor....) housing developments being built within a 10 mile radius of where I live with demand FAR outstripping supply. I'm not sure why Bexit alone would trigger a property crash? My logical brain is not certain either but my gut feeling is "better to be safe than sorry", so I dumped most of my property holdings in P2P over the last ten days or so. I would rather loose a few months interest at 1% than see my capital holdings whither away or worse still be stuck with loans in repossession.
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Post by justdabbling on Jun 14, 2016 12:07:24 GMT
Not sure I've seen this asked directly on here or not ....( I personally think that the latest SM activity is due to the new loans....) but ..... Following the latest opinion polls, is anybody bailing out of SS fearing a property crash in the event of Brexit? I live in the SE and currently have about 4 MAJOR (and several minor....) housing developments being built within a 10 mile radius of where I live with demand FAR outstripping supply. I'm not sure why Bexit alone would trigger a property crash?
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