But I can also tell you that when the Fit hits the Shan, a lot of HF managers will tumble even harder than traditional long-only managers...and they will blame it on the irrationality of the stock market.Basically, what I'm saying is that some of the more outspoken have a strong incentive to make these types of comments since a large part of their marketing angle is to diversify against traditional investments.

The bottom line is to stick to the fundamentals when everybody else is acting irrationally and you should be okay. 

See, MATH, fundamentals ALWAYS predict pricing beyond the immediate short term euphoria irrational people have during booms.

This idea was spurred by something that happened a few weeks ago -- I bought a house from a seller whom I believe made irrational economic decisions.

Originally posted by Account Closed:The police though will probably not think they are being irrational if you were to mistakenly resend the mail.What law is being broken?

I'm also afraid that particular market is on the verge of being irrationally valued. 

I hope it works for that guy.. but folks just don't know what they don't know.. and there is this irrational exuberance to get doors at any cost because its the way to financial freedom   ( what ever that means).. for most it means I guess being self employed.

While REI is a lot of numbers it also includes real people who make really irrational/rational decisions.