Tuesday, February 7, 2012

The Bank Board beats me

You win some and you lose some. Today the Reserve Bank Board beat me by keeping interest rates unchanged.
Just a reminder that 71% chances don't win 100% of the time.
That's the way of it and they'll go round again on the first Tuesday of next month.
The result has brought the overall returns back to a more realistic level.
See the details here.

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