Following the follower: Who is the leader in a stock market anyway?

Last week I was at a religious ceremony. The room was full of people like me, all seated and following the instructions of the priest, who was intoning something in Sanskrit, which none of us followed. But we have been doing this for many years and pretty much know the drill (or most of it anyway). So we go through the process without too much difficulty. I would be greatly surprised if even a couple of people in that hall of more than 100 men had more than an inkling of what was going on. Sure, everyone knew what they were doing physically, and why they were doing it (atonement). But hardly anyone knew the exact steps or the meaning of the intonations that we all repeated faithfully after the pundit.

from Market Moguls-Markets-Economic Times
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