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Technology Stocks : DELL Bear Thread
DELL 149.13-2.1%3:59 PM EST

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To: Bilow who wrote (2465)3/13/1999 10:50:00 PM
From: lin luo  Read Replies (1) of 2578
 
Carl,

I remembered I asked you a question long time ago regarding how much you need to know to trade, down to the components? Seems I got the answer from a recent joke I heard. I don't know how many people know this joke.

It is about the the relationship between the knowledge and money. I need two assumptions. First, Knowledge (K) is power (P); second Time (T) is money (M). So, I get the two basic equations:

K=P and T=M

Since Power=Work/Time (P=W/T), we get M=W/K, which means

Money=Work/Knowledge

I assume everyone has at least little knowledge to eliminate the zero. Seems there are two ways to make more money. Either work hard or reduce knowledge. I prefer the latter. Through the years I always try to unload the knowledge required and obtained for my three degrees. I always flunk when I say something based on my knowledge. It can only improve my confidence, not my performance.
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