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Politics : John Kerry for President? -- Ignore unavailable to you. Want to Upgrade?

To: Paul Chiu who wrote (1861)	10/2/2004 2:52:03 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 3515

Check with your high school teacher... If that's what your high school teacher is telling you, I suggest you transfer to a better school. You wrote, "Don't think that while you are riding a 300% increase in some asset that you are not hurting someone else." That is a broad generality that does not hold for most asset classes. Explain to me how 300% appreciation in the value of "some asset" I own, let's say a debt or equity instument (you did say "some asset", not specifically an option or future with a counterparty taking the other side of the contract), directly impacts anyone else. I'm not defending Ssoros, mind you (though I have seen no basis for accusing him of doing anything illegal or immoral), just correcting an all to widely held misconception.