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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (10623)11/20/2001 4:51:44 PM
From: William JH  Read Replies (2) of 23153
 
Let's take an internet lord, with 5,000 shares of AMZN at $400 . Twas a time when the lord was a wealthy man, with 200 shares of infospace at $125, and some QCOM with a target price of $1,000. Milord drank Perrier and bet big on football, He lived large. He spent his winters in Las Vegas being comped. Now, the same lord gets no thrill from his stocks, well, not much, and has borrow on margin (or sell his title) just to scrape by. Who destroyed Milord's wealth? Was it the West (whatever that is)? Was it fiat money?

Just kidding -gg-
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