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Pastimes : Calling all SI Poets

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To: Mr.Manners who wrote (1801)	7/19/1999 8:58:00 AM
From: Susan Saline	of 2095

Another factor hindering public acceptance of traders can be described by Douglas Hofstadter: "Innumeracy---the mathematical counterpart of illiteracy---is a disease that has ravaged technological society." Most journalists have avoided math classes, so cannot distinguish the difference between the odds against a casino gambler, and the odds against a stock trader taking calculated risks. What differentiates today's daytrader from the average American is instead of just fearing the unknown, the trader is taking the chance and the risk, to learn firsthand, just what you can do with a pc and some start up capital. This is a business, just like any other, only it requires "No clients, No deadlines, No suits, No product lines." No wonder hardly anyone understands it!

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