Almost all market players, seem to have their eye on the direction of the dog, and not the direction of the owner.

Summary

This quote implies that most market players are focused on short-term outcomes or immediate trends, often paying more attention to what is presently happening in the market (symbolized by the dog) rather than paying attention to the long-term strategy or decisions made by those who control the market (symbolized by the owner). It suggests that rather than reacting to short-term fluctuations, it is important to consider the bigger picture and the actions of the market influencers.

Topics