Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: smolejv@gmx.net who wrote (9431)	9/16/2001 3:02:28 AM
From: LLCF	Read Replies (1) of 74559

<I am probably repeating myself, but it is so deeply ingrained in my experience:The first thing you see, when you get into the memorial building in Dachau concentration camp is a quote from Santanayana (quoted freely out of memory): "those, who are not able to learn from their past errors, are bound to repeat them".> More on this later, but your paragraph stuck me like a ton of bricks. "ingrained in 'your experience" and then of course the quote. Why does history repeat itself [or 'rhyme' as Heinz would say?]... you have answered because intellectualization is not equal to EXPERIENCE [zen practicianers help me out here... Jay?]... you can book learn all you want, but it is a different type of learning. Take the current situation in the market... why are so many making the same mistake as past bubbles, how can't people see what's happening? It's so obvious... so obvious to some they were years early in calling this! EXPERIENCE- the ones who see it really "feel" it, they have personal experience in one way or another... been managing money for a long time, been taking companies public for decades, etc etc. How can you tell the masses that wall street was just pumping that crap out because they could sell it??? You can't... but if you were there, you know.... and not like someone who you tell or explain it to... I mean YOU KNOW. DAK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next