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Strategies & Market Trends : Coming Financial Collapse Moderated -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (830)6/21/2002 3:30:16 PM
From: LLCF  Read Replies (2) | Respond to of 974
 
<<< In the standard model, assuming among other things that the risk and return properties of different assets do not change, >>

This is the stupidest assumption one could make. Of course risk return properties change... based on price for one thing. IMO this is the simple thing that is in the process of destorying a generation of investors that folks like Warren Buffet don't buy into. "Stocks for the long run" regardless of price makes no sense.

DAK