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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (43369)12/15/2003 5:37:16 PM
From: NOW  Read Replies (1) | Respond to of 74559
 
your reply is factually accurate but devoid if utility for investing.....
perception is everything. the minute the twin towers came down , everyone felt threatened.....they were not.



To: Maurice Winn who wrote (43369)12/15/2003 6:17:26 PM
From: carranza2  Respond to of 74559
 
Not investing due to terrorism is like not investing because a car might crash on a nearby motorway. What terrorism?

The analogy is not very apt, Mq. If the car were on Wall St. loaded with radioactive material and C4, then you'd be onto something.

You are imaginative and creative. Think like a terrorist. Don't you think a dirty nuke on Wall St. would cause serious problems? A big blast in the Saudi oil facilities would lead to a similar result as would a takeover of SA by the Islamowhackos. Ditto an assassination of a high US official. The list goes on and on.

While our security folks are no doubt top rate, the sheer number of things the thugs can accomplish will one day result in serious havoc as a few of them get past our nets.

All these things are no longer unthinkable. In fact, it is crazy not to assume that they'll someday happen. They will undoubtedly influence our investments. We need to take this into account in the same manner that Buffett does. As you might know, he assumes a dirty nuke will go off sooner or later. It will be catastrophic. And like Jay constantly reminds us, where there is crisis, there are good investments to be made. Cold-blooded? Sure. But think of how much money you would have eventually made if you had bought in the trading days following 9/11.

Today's good times remind me of the false sense of security felt during the 1990s. In my view, we are putting our collective heads in the sand. Why else would I post these views in the Booms, Busts and Recoveries Board?

C2@cassandra.com



To: Maurice Winn who wrote (43369)12/15/2003 7:40:17 PM
From: elmatador  Respond to of 74559
 
<<Terrorism is insignificant>> only governments trying to construct "security" apparatus like to emphasize it. It's been alawys my point of view.

Go tell a guy whose income depend on some goodie doled out to him to serve in the Natonal guard. Go tell this to the guy working for Boeing, or Northrop.

We don't have religion to keep the ignorant masses 'in line'. Neither communism to keep the populace in their tip toes. Terrorism had to be invented.

How you invent terrorism you may be asking. Just stir the region where, culturally, people are short tempered and do not resource, like us, to solve problem by pacific means.
In short provoke it to happen.

If Bush would try that kind of stuff in LATAM it would only provided feeding for jokes, because we don't take the US serious.