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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (819)9/27/1998 12:43:00 PM
From: Freedom Fighter  Read Replies (2) of 1722
 
>if 10% of a band of monkeys learn a particular skill the
entire monkey population instantly acquires the skill even those who
have never seen it performed, etc.<<

I heard a similar story about blue birds on a philosophy special on PBS.
Supposedly, a small group of bluebirds (in Europe I believe) learned how
to get the cream out of the top of the bottles of milk that were
delivered by the milkman. Due to War, there was an interruption to milk
delivery across the continent. The interruption lasted long enough so
that the entire bluebird population that learned the trick was long dead
by the time delivery was restored. When it was restored, the entire
population of blue birds across Europe knew the same trick even though
none were alive at the time it was learned. Many were in places that
were too distant for the original tricksters to have traveled so there
was no direct genetic link for passing the knowledge. This sort of stuff
has all kinds of implications.
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