Word: herding
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Still, the episode is a reminder that the market has herd instincts. The popular stocks are the ones that go up. But you never know what's popular until after a big move, and popularity can be fleeting. The best way to win is to hunt for good companies that are out of favor. Then wait. If they really are good, the herd will find them, usually after some event calls attention to what the crowd has been missing--like Gates writing a check to Comcast. That's the way Warren Buffett invests. Buffett--one of Gates' buddies...
...killings by the state of Montana are threatening the future of this magnificent symbol of our nation's commitment to conservation," he said. Nonsense, countered Montana Governor Marc Racicot, who last week termed Babbit's utterances on buffalo "rhetorical posturing." Montana is already plagued by a booming Yellowstone bison herd that should be reduced to no more than 2,000 heads, he said. But Interior Department statistics suggest that target has already been met. The herd, which numbered 3,500 last October, is now down to around 1,500 heads thanks to a combination of shootings and severe winter weather...
...killings by the state of Montana are threatening the future of this magnificent symbol of our nation's commitment to conservation," he said. Nonsense, countered Montana Governor Marc Racicot, who last week termed Babbit's utterances on buffalo "rhetorical posturing." Montana is already plagued by a booming Yellowstone bison herd that should be reduced to no more than 2,000 heads, he said. But Interior Department statistics suggest that target has already been met. The herd, which numbered 3,500 last October, is now down to around 1,500 heads thanks to a combination of shootings and severe winter weather...
...very long term, fundamental changes in the economy may have rendered our traditional views of market behavior meaningless. Just look at the size of the herd: baby boomers, all 80 million of them, have a lust for stock that keeps growing. "A substantial number of us are reaching 45 and realizing that we need to save more," says Rodney Trautvetter, CEO of Burke, Christensen, Lewis Securities, a Chicago discount brokerage. "And the historic averages in the stock market still blow out savings accounts...
...before the next sharp market decline--the dreaded bear market. Incredibly, the current blistering pace would roll the Dow past those milestones by year's end. How far is up? That question is relevant only to those able to spot the market's top and get out before the herd--which is to say it is relevant to no one because while some may get lucky, no such expert exists...