Wednesday, March 31, 2010

What is an Ostrich?

An ostrich will hide itself by lying flat against the ground, or run away when frightened. In dangerous situation, it will stick its head in the ground.
In the stock market, an ostrich is referred to as someone who ignores bad news even when bad news is clearly affecting his portfolio. He will ignore the market and pretend not to know anything. It is not advisable to be an ostrich.