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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST

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To: Ilaine who wrote (92590)7/18/2012 5:15:19 AM
From: Maurice Winn2 Recommendations  Read Replies (3) of 219947
 
Come on CB, that's ladies' logic. <I think you can't put a price on brains.> Not only do you put a price on brains, you don't put a very high price on them. But some of them you put a higher price on. Others, you put a low price on.

For example, are all lawyers paid the same price?

I guess you know the answer is no.

Why do you think the prices differ?

Would you spend all your money to save the life of a 90 year old person who has spent all their life in prison for murders most foul, if they needed a special chemotherapy which would give them an extra two years of life, and it would cost exactly all your money? I guess not. You would put a low price on their brain. How much of your money would you give for life-saving chemotherapy for a 20 year old Albert Einstein who is part way through his Special Theory of Relativity? [Let's assume you could know the future and understand just what a big deal that very complicated looking theory he shows you is going to be]

Suppose you got word that CDMA was under development and Dr Irwin Jacobs needs some investors to put up some money to buy shares to fund the development and you could see that a multi$trillion development was going to be created because you too had thought of the idea and could see where it would lead. Would you fund the brains trust of Qualcomm to help it happen? Would you put a price on the brainpower required to make it happen?

People put a price on brains constantly. They spend vast amounts of effort putting prices on brains. $100 billion was voted as the value of the brains who created Facebook [since revised down from 40c a share to under 30c a share]. Apple brains have a price of over $500 billion because investors think that those brains which came up with iPad, iPhone, MacBook Air etc can do more of the same, even though their ring-leader has died.

When Steve Jobs was dying, the price people put on his brain was something like $100 billion, which might have been an all-time world record. The share price had been suppressed because of his imminent demise. When he did die, and sales continued to rocket, and more great stuff was brought out, investors realized that the remaining brains were also very valuable and the share price rocketed too. Some people think the remaining brains are worth $1 trillion.

People do put prices on brains. We all do, constantly. Including our own. It's about the most important thing we do, other than invent things. Men invent things, thereby demonstrating the value of their brains. Women put prices on mens' brains as part of their highly successful eugenics programme.

Every time you buy something, you put a price on brains. The people selling it have also put a price on brains. If you agree, near enough for government work, you have a deal. When you buy a chair, you are hiring the brains who made it. You are putting a price on brains. If the chair is $1 million, you won't buy it. If $1 and it's an amazing chair, you will.

Mqurice
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