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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: MetalTrader who wrote (97140)4/29/2009 5:44:05 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) of 116555
 
Five Fundamental Laws of Stupidity , as conceived by Carlo Cipolla.

1.) A person is stupid if they cause damage to another person or group of people without experiencing personal gain or, even worse, if they also cause damage to themselves in the process;

2.) The probability that a given person is stupid is independent of any other characteristic of that person;

3.) Non-stupid people always underestimate the number of stupid people in circulation;

4.) Non-stupid people always underestimate the harmful potential of stupid people; they constantly forget that regardless of the circumstance, dealing with or associating themselves with stupid individuals is a costly error;

5.) A stupid person is the most dangerous type of person there is.
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