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Politics : PRESIDENT GEORGE W. BUSH

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To: Karen Lawrence who wrote (264630)6/17/2002 4:03:30 PM
From: Raymond Duray  Read Replies (1) of 769667
 
Hi Karen,

Re: How on earth did you ever manage to become a "lesson in perpetuity"?

Who knows? We're in the Twilight Zone here, doncha know...

Somewhere in the recesses of the human mind, there is some synaptic scintillation sparking. However, there seems to be no thought occurring whatsoever.

I'll get back to you on this "perpetuity" thing. Maybe it's got something to do with perpetrators or something... <g>

Re: Is there a degree for that?

Thanks, you just reminded me of why I came to SI, and how little attention any of us are paying to the stock market. Here's one of my favorite quotes:

"...professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole; so that each competitor has to pick, not those faces which he himself finds prettiest, but those which he thinks likeliest to catch the fancy of the other competitors, all of whom are looking at the problem from the same point of view. It is not a case of choosing those which, to the best of one's judgement, are really the prettiest, nor even those which average opinion genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." The General Theory, 1936

--John Maynard Keynes

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Degree, my dear, is a matter of degree.

Ciao!
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