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Picking Winners by Francis Tay

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illustration

 

The phrase “a picture paints a thousand words” and its many similar derivatives, is popularly attributed to Fred Bernard and refers to the notion that a complex idea can be conveyed with just a single still image. Similarly, to explain and express the complex happenings, relationships and events in a market, sector or industry, one can simply use “models” to illustrate ideas and strategies.

Using the painting analogy, before you embark on painting a scenery, you will first of all, need to decide what you want to paint. You will go out and look around at the scenery, and decide what aspect you want to capture. You then take in the details, because ...

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