Sunday, August 19, 2012

The Quote of the Century

August 19, 2012
Investors Are Still in Hiding

"At some point there could be some panic buying by some individuals if they gain confidence. But the average investor doesn't believe in this."

Only one video could possibly do that quote justice.

7 comments:

Stagflationary Mark said...

At some point there could be some panic selling by some individuals if they lose confidence. But the average investor doesn't believe in this either.

Mr Slippery said...

I vote for panic selling over panic buying.

Lloyd in Dumb and Dumber had a great quote about investing:

Lloyd: Well, it's not gonna do us any good sitting here whining about it. We're in a hole. We're just going to have to dig ourselves out.

Who Struck John said...

After 25 years of panic buying, I think the market's panic bought out for a generation.

Stagflationary Mark said...

Mr Slippery,

Panic digging for the win!

Stagflationary Mark said...

Who Struck John,

As of 2002, we are told when to panic. In theory, this will allow to do more panic buying when conditions aren't as terrifying.

"Severe" = "Panic"

The threat level was never lowered to Low (Green) or Guarded (Blue).

We remain in a constant state of partial terror. Fantastic. Sigh.

nanute said...

I'm just waiting for my confidence level to reach panic mode. I won't start digging until then. You're right Mr. Slippery for the win.

Stagflationary Mark said...

nanute,

In the meantime, perhaps you might consider a relaxing video game?

Apple Panic

"The object is to dig holes and pound the apples through the holes."