The Sheeple Shall be Shorn
Posted April 1999
401K and Mutual Fund Investors Await their Fate on Wall Street
(Original image from www.louisboston.com)
Definitions
sheeple n: investors comprised of individuals each of whom makes investment decisions based on the observed actions of the other members of the herd : sheep-like as a : unable to make rational investment decisions based on personal observations that lead to actions that contradict the actions of the herd b : uncritical of information inputs from those who seek to profit, such as financial services companies c : in for a big surprisepanic n 1 : a sudden overpowering fright; esp : a sudden unreasoning terror often accompanied by mass flight 2 : a sudden widespread fright concerning financial affairs and resulting in a depression of values caused by violent measures for protection of securites or other property (Webster's Seventh Collegiate Dictionary)