The Emperor has no Clothes

The Emperor has no Clothes

There is a fairy tale called "The Emperor's New Clothes." In the story the Emperor is a vain man and always wants the newest fashions. A couple of swindlers convince him that the clothes they are making him are of such fine quality that only the most sophisticated people can see them. He can't admit that he's not the most elevated person, so he wears the clothes in the palace, and everyone bows down and says what a fine set of clothes he has because they are afraid to contradict the Emperor. Then he goes out and leads a parade to show off his new clothes to the people. Everyone pretends to admire the clothes except one little boy who yells out "But the Emperor has no clothes.

If enough people believe in something it becomes a thoughtform, something we create out of our own minds and the more people who participate in believing this thoughtform the more powerful it becomes until it is accepted as material reality. Only problem is it is not reality but a belief about what reality really is….welcome to planet earth, world of many thoughtforms like religion, politics and yes the stock market as well.

Now the stock market has many sub-divisions of thoughtforms that live within it. Most of the people investing in the market can’t see the forest for the trees so they get caught up in believing these various thoughtforms….examples of these various thoughtforms would be…you can’t beat the market, big caps are safer, its dangerous to invest by yourself, passive investing is the only safe way to invest, you will need financial advisors to help you, you have to own the big Canadian banks, small caps are dangerous, you have to diversify, you have to invest outside the country you live in…the list goes on and on and some of these thoughtforms may even be true…for some people. The problem is everybody is different but the ‘swindlers’ in our fable above want to put everybody in their own personal box where they can be manipulated and controlled and ultimately used.

The moral of the story is if you are going to be successful in investing in the stock market, you are going to have to think for yourself. When you think about it, all progress that was ever made in this world was accomplished by people who didn’t believe the accepted view (thoughtforms).