Archived Blog Post: February 7, 2001 The Stupidity of Being a Bull - "Every single case can be convincingly argued, and every single theory can be decidedly debunked. No one will ever really know the true reasons for the economic growth. Stock markets do not behave this way. Bad corporate policy is almost always revealed in the long term. Not immediately, sometimes not for years -- but if a poor decision is not reversed, it eventually flows through to the bottom line of a company and its shareholders."