Rude:
You should view Monsieur Le Count, not as an adversary but as a Metaphor for all the individual investors out there that are not as skilled in understanding the guts of technology as this thread; who can actually tell the difference between a buzzword and a balance sheet.
A metaphor for those who have trusted the 23 year-olds who pump the 15,000 or so mutual funds that can't even beat the S and P (even before the commissions are subtracted).
A metaphor for those who listen to the parade of conflicted analysts, or those "mom and pops" who have been convinced by their Banker to switch their life savings into the latest Bank's IPO, so that the bank can take the fees and start the next Long Term Capital Management.
The only "problem" the Count may be suffering from is Non-Specific Anxiety. Or in the words of the great Philosopher King, Bob Dylan, "There's somethin' happening here, but you don't know what it is; do you, Mister Jones."
One thing that he doesn't understand is that here, in this particular community, he is preaching to one of the better choirs.
He is right, about one thing, there is and will be a lot of devastation occasioned by this most recent 'little blip' in the Market. |
