Monday, February 4, 2008

Rabble

This is why stock go up and down mindlessly. Take a look at this chatter on Microsoft, Yahoo! (Microyoo) and Google.

http://finance.google.com/group/google.finance.694653/browse_thread/thread/ccadd57434ecfc96

Half the people obviously don't know what they're talking about, and the other half don't know what they're talking about either. You could maybe piece together one interesting remark out of the whole thing.

This is not only true of the peanut gallery though, it's also true of the people that run most companies and make these decisions. None of them know what they're doing really.

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