Showing posts with label Conditioning. Show all posts
Showing posts with label Conditioning. Show all posts

May 11, 2020

Stock Market Pinocchio Style


Look folks, Pinocchio's nose is getting longer by the minute.

The market continues on a tear, even while the economy is heading in the other direction. 

I know people have been conditioned to buy on the dips, but I'm not sure that applies while we're in the middle (or maybe still just in the beginning) of a pandemic that has claimed 286,000 lives in just over 2 months (and that's with a global shutdown)!

Somehow, there is a notion that when things start to reopen that all the problems will just magically go away, including the $3 trillion we just added to our national debt, all the bankruptcies being declared, and all the job losses that are becoming permanent. 

If you believe this, perhaps you'd like to buy the Brooklyn Bridge.

The greater fool theory is alive and well.  ;-)

(Credit Graphic: Andy Blumenthal)
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October 22, 2018

The Value of Pain

Three notables on the value of pain:

1) Pain is a warning of dangerous threats and helps safeguard us.

2) Pain that doesn't kill us makes us stronger!

3) Pain lets you know you ain't dead yet.

Then again, nothing wrong with a little pain relief. ;-)

(Source Photo: Andy Blumenthal)
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