Investors hum to frenzied beat of the IPO gold rush

[Musicwhiz]

With respect to what Jon-San and Arthur said, I think the interest in the stock market is slowly building up. This kind of interest, to me, is always built up slowly but steadily, through the newspapers proclaiming new highs and pundits announcing that equities are "safe". So it's more of a gradual phenomenon which will build up into a crescendo of exuberance, and will eventually lead to a bubble being formed.

So here and there we can see/hear signs of people jumping in with both feet without even testing the temperature of the water. And laymen will start to believe that it's so easy to make money, all the while ignoring the fact that a rising tide lifts all boats.....

It may be a while before the interest in the stock market hits fever-pitch, but in the meantime we can continue to watch and learn; and to be extremely careful about how we allocate our hard-earned capital.