P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
Wednesday, December 19, 2007
Heard On The Street
In order to trade effectively, one has to understand that gem/art markets are filled with large number of market participants (with/without knowledge) + hopes + fears + thoughts. It’s the people + their thoughts + their expectations that create sometimes strange behavior + inefficient markets + mispriced gems/art = opportunities to make money.
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