Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (28124)	1/23/2008 1:51:52 AM
From: elmatador	Respond to of 217680

The public isn't interested in financial reality. The public wants to believe whatever fictions support their current investments. If they're invested in houses, they will dismiss any news (no matter how factual) that goes against the decision they've made to hold those investments. It's a common type of investing myopia: Once an investor places his (or her) faith in a stock, an option or a house, they will selectively filter out all information that runs counter to their currently-held position.