The Greater Fool Theory
"There are two Arkansas farmers, one of which had a beautiful purebred hog. He sold it to farmer # 2 who held it for a period and then resold it, for a handsome profit, back to the original seller. Back and forth, these two farmers sold and resold this hog to each other, always for a profit. Alas, one day farmer # 2 sold it to a complete stranger from Iowa, to which, when told of this, farmer # 1 told farmer # 2 in disgust: "Why'd you go and sell that hog to that feller from Iowa fer? We was both making a good living selling that hog to each other."
Monday, May 24, 2004
An unconventional, out of the herd reading of the financial markets.
Previous Posts
- Signs of Deflation Hidden Inside the Benign CPI I...
- It's not just me, even the Pro is seeing DEFLATION...
- Inflation is over; here comes deflation Everywher...
- Fibonacci Says the Next Stop for DJIA is 9353! Be...
- Let the Battle Begins Today is one of the most ap...
- Are We Hiding the REAL News from the Public? Unde...
- I was going to write about TREND 1 today, but inst...
- The summary pulse for this week We had three unin...
- The Double-edge Sword: Raising Interest Rate and t...
- Numbers from Friday's close DOW 10256.02 -16.25...
0 Comments:
Post a Comment
<< Home