Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Calling all SI Poets -- Ignore unavailable to you. Want to Upgrade?

To: Mr.Manners who wrote (1801)	7/19/1999 8:58:00 AM
From: Susan Saline	Respond to of 2095

Another factor hindering public acceptance of traders can be described by Douglas Hofstadter: "Innumeracy---the mathematical counterpart of illiteracy---is a disease that has ravaged technological society." Most journalists have avoided math classes, so cannot distinguish the difference between the odds against a casino gambler, and the odds against a stock trader taking calculated risks. What differentiates today's daytrader from the average American is instead of just fearing the unknown, the trader is taking the chance and the risk, to learn firsthand, just what you can do with a pc and some start up capital. This is a business, just like any other, only it requires "No clients, No deadlines, No suits, No product lines." No wonder hardly anyone understands it!