Friday, October 12, 2007

The Blind Men and the Elephant

A community of blind men once heard that an extraordinary beast called an elephant had been brought into the country. Since they did not know what it looked like and had never heard its name, they resolved to obtain a picture, and the knowledge they desired, by feeling the beast - the only possibility that was open to them! They went in search of the elephant, and when they had found it, they felt its body.

One touched its leg, the other a tusk, the third an ear, and in the belief that they now knew the elephant, they returned home. But when the other blind men questioned them, their answers differed.

The one who had felt the leg maintained that the elephant was nothing other than a pillar, extremely rough to the touch, and yet strangely soft. The one who had caught hold of the tusk denied this and described the elephant as, hard and smooth, with nothing soft or rough about it, more over the beast was by no means as stout as a pillar, but rather had the shape of a post. The third, which had held the ear in his hands, spoke: "By my faith, it is both soft and rough." Thus he agreed with one of the others, but went on to say: Nevertheless, it is neither like a post nor a pillar, but like a broad, thick piece of leather." Each was right in a certain sense, since each of them communicated that part of the elephant he had comprehended, but none was able to describe the elephant as it really was: For all three of them were unable to comprehend the entire form of the elephant.

This Buddhist parable demonstrates that people tend to understand only a portion of an idea and then extrapolate all manner of dogmas from that; each claiming only his one is the correct version~

It’s important to look at the market in numerous ways. To truly understand it you need to dig deeper and explore the underlying factors that drive it. Like a good doctor treats a patient; by examining all symptoms, the holistic relationship can be understood and treated.

Getting a clear, well-rounded view is essential. That’s how you can invest with confidence and knowledge.

Or as my mentor would say ‘What’s behind the curtain?

Look at the whole Elephant!

No comments: