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Pastimes : How to best deal with KOOKS at this web site

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To: Gottfried who wrote (691)7/5/1997 6:06:00 PM
From: Bill Ulrich   of 1894
 
Hi GM - re: Abelson

That article has a rather interesting line:

we ascribe to Mr. B's having spent some time as Secretary of the
Treasury, where sums of less than $100 billion are considered chump change
(or, in the official parlance, "statistically insignificant").


Ahh, well, I guess the cat is out of the bag...

Having read the article thrice now, I admit that he raises some
really good issues. But what his article does not discuss
is the answer to my question regarding aggregate earnings justifying
the aggregate market value. Since it's my question, I suppose I'll
have to go find the answer - this may take a few months - see you
in September (just in time to liquidate my holdings depending on
the discovery results).

-MrB
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