An Analogy for Good Managerial Records An Analogy on Market Efficiency and Cards

An Analogy for Investors Fleeing from an Investment

An investor in a panicky market faces the same predicament as a moviegoer in a crowded theater after somebody shouts 'Fire!' Staying put is the sensible thing to do, as long as everybody else stays put and stays calm. Otherwise, people who stay put run the risk of getting trampled, and people who rush to the exit may have the best chance of escape.