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

To: Michael Bakunin who wrote (84513)10/23/2000 8:35:57 PM
From: Terry Maloney  Respond to of 132070
 
mb, there's a lot of food for thought in your reply, but I loved how you boiled it down:

Overlay greed and fear, and something of a premium for hard-to-invest sectors or countries, and you've gone a long way to making sense of CEF's discounts.

Yes I have ... thanks. <s>

As for people buying into them at NAV, the other MB touched on that in his reply as well:

Message 14640001

My thanks to you both,
Terry


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