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Didier Sornette -
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In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a faster-than-exponential stock market growth makes private investors feel richer.
The price of a stock is strongly influenced by the behavior of the traders in a nontrivial way.
Quote of the day
When Fortune smiles, I smile to think How quickly she will frown.
June 25, 1957
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Predictions that didn't happen
If it's on the Internet it must be true
Remarkable Last Words (or Near-Last Words)
Philip James Bailey
Letitia Elizabeth Landon