Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (70828)	11/21/1999 2:17:00 AM
From: Simba	Read Replies (2) of 132070

William Magner: I found this on another site: "Let?s start with an anecdotal story. According to the Times, Sir Isaac Newton, the supreme rationalist regarded as one of history's leading geniuses, saw the South Sea Bubble for what it was and sold his stake early at a heartwarming profit of 7,000 pounds, but then plunged back in, losing a fortune of 20,000 pounds when the bubble burst." "Manias, Panics and Crashes" by Thomas Mulligan (John Wiley & Sons) I guess if Newton cannot guess the direction of the mania, how do most mutual fund managers think they can get out at the last second ? Simba

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next