October 25, 2019

Sizzle Is Not Steak

There was an interesting quote in the Wall Street Journal the other day.

It was about how the stock brokers all too often hawked hot stocks to their unsuspecting and foolish clients:
You sold the sizzle, not the steak!

Wow, isn't this all too often what happens with products and services in the marketplace?

People get you hyped up on all the excitement of something.

The latest and greatest widget or whatever. 

It's gonna revolutionize the world!

Even when the thing itself may not be all that it's cracked up to be.

Or in fact, it may be a complete dud!

But whatever sells goes, unfortunately, whether it's right or wrong

Sizzle, sizzle, sizzle. 

Doesn't that sizzle really make you want to buy the steak?

The Greater Fool Theory in full blossom. ;-)

(Credit Photo: Andy Blumenthal)
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