Tuesday, 22 March 2011

Running On

The Whitehouse Bridge apparently it has the dubious distinction of being one of the most struck bridges in the country and despite awareness campaigns and some very prominent signs being installed some people still insist on ploughing on trying to get their vehicle under despite the very obvious evidence to the contrary. I was going past the area a while ago and a van driver was still try to drive on despite the roof scraping along the top of the bridge and drivers both behind and going past shouting out things, I couldn’t hear exactly what was said but I think it was along the lines of “I think that’s a jolly foolish endeavour you’re embarking upon” and “oh dear I think you should turn round” though it could be that the language was slightly more Anglo-Saxon. Unlike many bridges trains can still run over despite the strike and rather cool tests like this one in 1996 at 40 mph can be done.

Like that driver I’m sure there are things we continue to do despite all evidence to the contrary there’s plenty of research into the psychology of investors especially during bear markets that make them unwilling to ditch a dud clinging to a dead cat bounce as the sign that they might make their money back until its too late and the fear and panic hits whereby they swear they’ll never make the same mistakes again as they start buying flats to rent out. 

Mistakes? Never made one myself.