Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: lisalisalisa who wrote (162878)	4/29/2002 8:59:02 PM
From: Tommaso	Read Replies (2) of 436258

"I don't dare tell anyone how much money I have made the last two years being bearish." At first I thought you were quoting me back to myself! I am learning a lot of things I never knew about making money. For example, just giving money away does not make you friends. People get a disdainful feeling, somewhere between "that's only fair" and "so what!"-- or even, "he just wants a tax deduction." I never wanted to be bearish: it just turned out that everything was terribly overvalued--and there were ways to bet against the overvaluation. But as --I think it was the old-time comic actor Joe E. Brown who said it, or maybe it was another Hollywood celebrity: "I've been rich and I've been poor. Rich is better." I guess it is also better to be young than to be old, but being the latter, I keep reflecting, "I KNOW how most of my life has turned out, and it was pretty good; you guys don't know." Ever been turned loose in Paris at the age of 21, totally independent, when a good meal (with wine included) cost $1.25? Nothing I know beats that.

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