Benjamin Graham's Mr. Market
Mr. Market is your emotionally disturbed business partner.
You can't change his behaviour ... but you can react to it!
Mr. Market is your servant, not your guide.
Mr. Market: "Hey Guys!!! Buy some stocks ... everyone's make money ... you can too. I am making a lot of money, so are my friends."
Mr. Market: "Watch out, I'll take your money. The outlook for tomorrow is even worse, so don't ask! If you think you can make money in the stock market, you are just kidding yourself."
Never follow Mr. Market's changing emotions.
Instead, remain calm and competent, and take advantage of the opportunities Mr. Market presents.
Mr. Market is your servant, not your guide. - Warren Buffett