Wall Street Paradigm In 1960 an engineer working for a watch company in
Switzerland discovered that a small crystal would vibrate at a constant rate. He
found this was so accurate that it could be used to calibrate time so he took it
to company management and said it would make an entirely new kind of watch that
had no springs and no gears. They could not imagine who would want such a thing.
Swiss watches dominated world commerce. They did not even bother to patent it.
The inventor took his new idea to a commercial trade show, set up his booth
and tried to interest manufacturers to produce his new kind of watch. Of the
thousand people only 2 were willing to try it ? Texas Instruments and Seiko
Corp. of Japan. Ten years later the Swiss manufacture of watches had shrunk to
10% of it former production.
It took a complete change of thinking to produce this new model because most
people are rooted in the old way and are reluctant to change. The new model, the
new paradigm is refused.
Now I want you to think about another paradigm. This time a model for your
investment portfolio.
http://stock-trading-resource.blogspot.com/2007/02/wall-street-paradigm.html



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