Saturday, February 11, 2006
Contrarians At The Gate
“A guy hears the doorbell ring one morning, opens the front door, and there's a snail on the doormat. So the guy picks up the snail, walks through his house, and tosses it out to the back yard. A few years later, the doorbell rings. The guy opens the door, and the snail just looks up and asks ‘now what was that all about?’”
I urge you to read this article; it’s really good and gets even better towards the end. It also includes a short and very interesting “discussion” of how money flows affect markets.
