Tuesday, January 14, 2014

People Have A Tendency To Rush Where Others Are

People are tempted by what is hot. Suppose you open two identical restaurants next door to each other. They have the same menu, the same d├ęcor, and the same manager at the entrance. If during the first 10 days after opening, you paid people to line up in front of one of the restaurants, I guarantee that one would be packed with diners all the time and the other, identical one next door, would be empty, because people have a tendency to rush where others are. - in Trading the World`s Markets

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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