I’ve posted Entry #97 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called “Hocomania”: The Word, the Phenomenon and Now — The Coffee Cup!
Juicy Excerpt: My posts on investing discussion boards created such a stir that they had to create an entry for the Urban Dictionary to describe the phenomenon. The word is: “hocomania.”They call it “hocomania” because for a long time I used the screen-name “hocus” when posting on boards. My posts pointing out the dangers of the Buy-and-Hold strategy often caused otherwise normal Buy-and-Holders to go nutso berserko. Hence, the “mania” suffix.