Why do history rhyme?

Discussion in 'Psychology' started by paperboy, Jun 29, 2014.

  1. I think the title should have been "Why does history rhyme?" but I'm just nitpicking :)

     
    #11     Jun 29, 2014
  2. moonmist

    moonmist

    When the price of Yahoo was around $500 per share at the beginning of year 2000, some gurus appeared on TV giving all sorts of reasons that the US stock market could continue to rise for another five to nine years. When all know what has happened in March 2000. Had I bought QQQ in February 2000, and held it until today, I would still have an unrealized loss. If I bought Yahoo at the beginning of this millennium, and held on to it, God help me .................
     
    #12     Jun 30, 2014