IceCap Asset Management: The Third Law Of ‘Stock Market’ Motion | Zero Hedge.
Excerpted from IceCap Asset Management’s Keith Dicker’s latest letter to investors,
Three hundred years ago, physicist Isaac Newton, compiled the Third Law of Motion. Ever since, people everywhere have noticed how every action does indeed have an equal and opposite reaction.
This Third Law of Motion is certainly evident in the music world where The Rolling Stones gathered a lot of moss. The hoodlums of rock & roll seduced the world into sympathizing with the devil as well embracing the emotion of never being satisfied. At the time, the Rolling Stones represented the dark side of music and life.
The Beatles on the other hand represented the opposite reaction – they wanted nothing more than to simply hold your hand. They embraced the rising of the sun and were seemingly always twisting and shouting about love. At the time, the Beatles represented the bright side of music and life.
Of course, as time passed the social infatuation and rejection of each band, swung dramatically and often in opposite directions, just as Newton’s Third Law of Motion predicted it would.
The pendulum of the money world also swings from side to side, yet most of the time, most investors, mostly see what they want to see. The good times are always just around the corner and any bad times were simply the luck of the draw.
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