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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (96690)7/21/2002 2:01:59 PM
From: SOROS  Read Replies (1) of 99280
 
This continual "game" by the "street" only continues as long as they have a constant supply of other people's money. The "street" is simply a bunch of con-artists who have been in charge for a long time based on the ability to fool the masses. Do you maintain that it is totally impossible that at some point in time, most people could be unwilling to "invest" in any company simply for a piece of paper that only has value based on the greater fool theory? Is there even a slight chance, that most people could come to only invest in companies that pay a guaranteed dividend, and when that dividend stops rising because the business is not growing and making more profit, those same people will readily take their money back and put it in a company paying a better dividend? Wouldn't that put a real crimp in the con-men's game?

I remain,

SOROS
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