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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Taikun who wrote (49787)5/10/2004 11:51:49 PM
From: elmatador  Read Replies (1) of 74559
 
<<'Now there's someone who really knows how to enjoy life'.>>

Jay knows fear. Accepts it as a fact of life.

Fear is so good a tool to drive people that all religions use it. Hell and devil can make people behave.

Imagine the billions spent on insurance paying for something that will never happen and when it does happen, the insurance company send a claim assessment guy to find a reason not to pay.

Fear the feeling that let man survive by raising two reactions: Fight or fly.

There are three feelings that make a human being. Capacity to be afraid. Capacity to be ashamed, capacity to be offended. Lose these three capacities and you no longer are a human being.

People tend to buy stuff to get the feel good effect. Once the feel good effect is there, fear level drops.
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