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Building *The* Indian Knowledge Economy Brand

Jun 14, 2005 7:31 am

There's Big Money in em' disagreements

Bala Pillai

Just occured to me, this market is a clear case of "there's big money in 'em disagreements".

One guy says the US$ is going to go up.

Another guy says the US$ is going to go down.

Before Reuters started the scaleable foreign exchange market in the early 70s, angst that you see in many online or offline heated arguments or nothing, might be the result.

With the foreign exchange market, the disagreements, the opposites, are the BASIS of the market. No disagreements, nobody to buy when you want to sell and vice versa.

Peel the skin off opposites and you'll see complementaries. Peel the skin off opposites and you'll see symbiosis opportunities.

So moral of the story: if you see lots of disagreements in particular areas, create a market for them! And turn the disagreements into money.

cheers../bala

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