All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: BGR who wrote (34411)	5/22/2000 3:26:00 PM
From: LLCF	Read Replies (1) of 42523

<But, David, the conventional wisdom happens to be what academic research has been saying for a long time ...> 1.) Acedemic research also says we've never been this overvalued, so those same studies may conclude that you'd have to wait MUCH LONGER this time to make money let alone beat other alternatives... 2.) Past performance is guarantee of future results... 3.) I find it interesting that people quote that so often with so few data points [years worth of data]... if it was coin flipping, how big would you really want to bet? DAK

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