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October 14th, 2008 by Karelia | Filed under Property Market News.Musings of a London Property Finder
It was autumn, and the Red Indians at a remote reservation asked their new
Chief if the winter was going to be cold or mild. Since he was a Red
Indian chief in a modern society, he couldn’t tell what the weather was going to be.
Nevertheless, to be on the safe side, he replied to his Tribe that the
winter was indeed going to be cold and that the members of the village
should collect wood to be prepared.
But also being a practical leader, after several days he got an idea. He went to the phone booth, called the National Weather Service and asked, ‘Is the coming winter going to be cold?’ ‘It looks like this winter is going to be quite cold indeed,’ the meteorologist at the weather service responded. So the Chief went back to his people and told them to collect even more Wood.
A week later, he called the National Weather Service again. ‘Is it Going
to be a very cold winter?’ ‘Yes,’ the man at National Weather Service again
replied, ‘it’s definitely going to be a very cold winter.’
The Chief again went back to his people and ordered them to collect every
scrap of wood they could find. Two weeks later, he called the National
Weather Service again. ‘Are you absolutely sure that the winter is going
to be very cold?’ ‘Absolutely,’ the man replied. ‘It’s going to be one of the
coldest winters ever.’ ‘How can you be so sure?’ the Chief asked. The
weatherman replied, ‘The Red Indians are collecting wood like crazy.’
And that, my friend, is how stock markets works!!!
Source unknown – please contact us for credit and the London Property Finder will look out for tepees in secret locations around London
Tags: crowd mentality, London Property Finder, Stock Market, talk our way into recession
