{"id":1726,"date":"2009-03-31T23:29:58","date_gmt":"2009-03-31T15:29:58","guid":{"rendered":"https:\/\/moonpointer.com\/new\/?p=1726"},"modified":"2009-03-31T23:29:58","modified_gmt":"2009-03-31T15:29:58","slug":"the-delusion-of-the-masses","status":"publish","type":"post","link":"https:\/\/moonpointer.com\/new\/2009\/03\/the-delusion-of-the-masses\/","title":{"rendered":"The Delusion of the Masses"},"content":{"rendered":"

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In a ‘post-Lehman Brothers’ world, an investment ad in the subway ironically reads, ‘Be humble, the stock market is probably smarter than you.’ This seems to speak of the so-called ‘wisdom of the masses’. But are the masses necessarily wise? What about the ‘delusion of the masses’? If the masses are so wise, why is the global financial situation run by financial giants in shambles? Everyone in the stock market tries to outsmart one another, while many assume they are the smartest, when they are mostly none the wiser. It’s really investment in arrogance and presumptuousness.<\/p>\n

The truth is, a globalised market driven by unchecked capitalistic urges will burst, if not already, simply because the environment and its people can only take so much greed. Greed seems to lead to prosperity for a while, but it leads to bankruptcy too, when excess greed makes extreme gambles… and loses eventually…. not just of the gamblers’ money, but that of the investors (also driven by greed) who placed their stakes in their hands too. One of the reasons worldly finances rise and fall is due to such greed cycles in motion – involving both the sellers and the buyers.<\/p>\n

However, this round, something unprecedented is happening. The world is waking up to the truth that natural resources are limited, and that it’s crazy to milk the planet dry to keep the economy thriving via consumption. It’s time to wake up. We need to spend and invest mindfully, only for needs. Greed says the idea of ‘enough’ is never enough, because greed is essentially bottomless, while enough is always enough. ‘Be realistic, the stock market is probably not always wiser than you (can be).’<\/p>\n","protected":false},"excerpt":{"rendered":"

In a ‘post-Lehman Brothers’ world, an investment ad in the subway ironically reads, ‘Be humble, the stock market is probably…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[268],"tags":[109,184,80,58],"class_list":["post-1726","post","type-post","status-publish","format-standard","hentry","category-happenings","tag-delusion","tag-finance","tag-greed","tag-wisdom","wpcat-268-id"],"_links":{"self":[{"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/posts\/1726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/comments?post=1726"}],"version-history":[{"count":0,"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/posts\/1726\/revisions"}],"wp:attachment":[{"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/media?parent=1726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/categories?post=1726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moonpointer.com\/new\/wp-json\/wp\/v2\/tags?post=1726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}