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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (81106)5/24/2000 11:52:00 AM
From: Thomas M.  Respond to of 132070
 
"The market is high because of the combined effect of indifferent thinking by millions of people, very few of whom feel the need to perform careful research on the long-term investment value of the aggregate stock market, and who are motivated substantially by their emotions, random attentions, and perceptions of conventional wisdom."

(from Robert Schiller's "Irrational Exuberance)