Monday, October 13, 2008

World Wide Financial Panic - Following the Crowd

If there was any doubt that most humans are followers, the recent events of the stock market sure do show it. At the first sign of fear, people will inevitably bail out. This, of course, is the "fire in a crowded theatre" syndrome. It is the same mentality that causes people to buy the latest fashion, pile on to the hottest sports team, and the like. (Sigh.)

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