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To: Tenchusatsu who wrote (69066)	3/25/2001 8:46:07 AM
From: Scumbria	Read Replies (1) \| Respond to of 93625

Ten, I wouldn't defend the purveyors of "conventional wisdom" if I were you. You sound disillusioned. BTW: How do you feel about Bush's desire to "change the tone in Washington" after he got "elected" by repeatedly calling Gore a liar, and running subliminal TV ads calling Gore a "rat"? I don't think I have seen a slimier person in Washington than our current Prez. Scumbria

To: Tenchusatsu who wrote (69066)	3/25/2001 11:04:41 AM
From: Dan3	Read Replies (3) \| Respond to of 93625

Re: which is more likely to have a well informed, and therefore correct, opinion: An average citizen or a member of the financial analyst community? I really think the circumstances are different. When considering a presidential candidate, all his positions must be considered, so a broad (and very time consuming)review of his policies is best. Most "average americans" focus on a few issues (or none). So the broad perspective of a professional journalist is important when considering candidates. Most financial analysts also maintain a broad perspective of their sectors, which means they have to spend a little time considering each of dozens or hundreds of companies. We individual investors, OTOH, can focus all our efforts on one or two companies - meaning that our job is much simpler. I do think that there are times when a sector analyst gains benefits from having reviewed all the companies in a sector. Dan