STREET DOGS: Motley Fool on strategies
Three analogies that tell us what investing is all about
From The Motley Fool, three analogies that simplify what investing is all about: "[There’s] an excitable dog on a very long leash in New York City, darting randomly in every direction. The dog’s owner is walking from Columbus Circle, through Central Park, to the Metropolitan Museum. "At any one moment, there is no predicting which way the pooch will lurch. "But in the long run, you know where he’s heading. What is astonishing is that almost all of the [dog watchers], big and small, seem to have their eye on the dog, and not the owner." – Ralph Wagner. "Think of yourself standing on the corner of a high building in a hurricane with a bag of feathers. Throw the feathers in the air. "You don’t know much about those feathers. You don’t know how high they will go. You don’t know how far they will go. "Above all, you don’t know how long they will stay up…. Yet you know one thing with absolute certainty: eventually, on some unknown flight path, at an unknown time, at an unknown location, t...
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