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Cartoon of an avalanche of lemmings stampeding towards a cliff and Fallin over it. One says: "Wait a minute...something feels wrong." The herd tells him: "Shut up, you moron! Do you've been told. It's for your own good!" Source: https://i0.wp.com/brucepaullinrecoveryandspirituality.com/wp-content/uploads/2019/07/The-Lemming-Effect-best.jpg?w=750&ssl=1

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Cartoon of an avalanche of lemmings stampeding towards a cliff and Fallin over it. One says: "Wait a minute...something feels wrong." The herd tells him: "Shut up, you moron! Do you've been told. It's for your own good!" Source: https://i0.wp.com/brucepaullinrecoveryandspirituality.com/wp-content/uploads/2019/07/The-Lemming-Effect-best.jpg?w=750&ssl=1
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HistoPol (#HP) 🥥 🌴 (histopol@mastodon.social)'s status on Friday, 26-Jul-2024 17:13:00 JST HistoPol (#HP) 🥥 🌴
in reply to

@atomicpoet
"The market" is the aggregate ignorance of all its investors living on imperfect information.
The only reason they aren't stupid: because it ain't stupid, 'cos everybody does it...until too many take the ball and run...and if you don't run with the lemmings, you'll be run over. 😉
#Economics #Finance

In conversation about 3 months ago from mastodon.social permalink