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OPINION - Market truths

Posted on October 19, 2008 at 9:46 AM.

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A Class Two Truth, by contrast, is based on external factors such as emotion, fashion and herd instinct: it is 'true' only for as long as we continue to believe in it, just as a designer handbag is only worth £5,000 if people think so. When there is a discrepancy between the two types of truth on the stock markets, there is a chance to make money.

We lost sight of the true worth of things. Now let's get it back (The Guardian)

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