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Pastimes : Ask Mohan about the Market

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To: Jack Clarke who wrote (9664)11/28/1997 6:22:00 PM
From: Monty Lenard  Read Replies (1) of 18056
 
Jack, I have to agree with your simplistic view 100%! As an accountant sometimes I get lost in all the details. When this happens I stand back and look at the FOREST and not the TREES. I think this forest is on fire and no one wants to admit that the stuff drifting above the trees is smoke.

IMHO, using the principle of "SUBSTANCE VS FORM", this whole business is a sham!

I believe it was Soros that said "Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the tend whose premise is false, ride the trend, and step off before it is discredited."

TCLAUDE
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