Comments on: Everyday Low Whole Paycheck, $46.00 http://www.triplepundit.com/2007/11/everyday-low-whole-paycheck-46-00/ Business, Better. Since 2005 Fri, 19 Mar 2010 15:44:44 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Emmanuel http://www.triplepundit.com/2007/11/everyday-low-whole-paycheck-46-00/comment-page-1/#comment-12108 Emmanuel Thu, 15 Nov 2007 01:57:34 +0000 http://www.triplepundit.com/wordpress/2007/11/everyday-low-whole-paycheck-46-00/#comment-12108 For someone who knows nothing, me ; They sum it up very well , Thanks for the insight. This should help all investors, all people. For someone who knows nothing, me ; They sum it up very well , Thanks for the insight. This should help all investors, all people.

]]> By: etbnc http://www.triplepundit.com/2007/11/everyday-low-whole-paycheck-46-00/comment-page-1/#comment-12107 etbnc Wed, 14 Nov 2007 15:21:20 +0000 http://www.triplepundit.com/wordpress/2007/11/everyday-low-whole-paycheck-46-00/#comment-12107 This pithy phrase caught my eye: "Markets are a collection of beliefs". <p> It may go by quickly as one scans this analysis, but for me that's a crucial insight. Markets are a collection of beliefs. <p> It seems to me that we can safely follow that observation further. The elaborate game we so reverently call "The Economy" (I always hear it with capital letters), The Economy is a collection of beliefs. A collection of beliefs expressed in a collection of stories we tell ourselves to try to explain the things we collectively <em>do</em>. <p> The stock comparison and its analysis of beliefs builds upon that insight nicely. Thank you for contributing this!</p></p></p> This pithy phrase caught my eye: “Markets are a collection of beliefs”.

It may go by quickly as one scans this analysis, but for me that’s a crucial insight. Markets are a collection of beliefs.

It seems to me that we can safely follow that observation further. The elaborate game we so reverently call “The Economy” (I always hear it with capital letters), The Economy is a collection of beliefs. A collection of beliefs expressed in a collection of stories we tell ourselves to try to explain the things we collectively do.

The stock comparison and its analysis of beliefs builds upon that insight nicely. Thank you for contributing this!

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