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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (79046)	4/4/2000 8:02:00 PM
From: BGR	Respond to of 132070

Tommaso, How many times do you have to be told that while fatal car accidents are rare, they do happen, so going outside is imprudent. Does your academic institution offer any course in probability theory? -BGR.

To: Tommaso who wrote (79046)	4/4/2000 9:35:00 PM
From: Skeeter Bug	Respond to of 132070

tommaso, bgr read some book somewhere by some other who wouldn't have a book if he weren't smart and knew what he was talking about and then repeats what he read. how's that for a run on sentence? ;-) odds are in 30 years that the market will be higher than now so i can't argue that point with him. however, he doesn't discuss the opportunity lost by holding onto absurdly valued stocks. it is HUGE! he also doesn't go into why stocks get absurdly valued (everyone is buying) and why they get absurdly low (everyone is selling). if most folks are selling at the bottom then most folks aren't getting that 2% 20 year return. they are packing in HUGE losses.