Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: psycho_killer who wrote (25834)	1/30/2005 6:32:11 AM
From: Maurice Winn	Respond to of 29987

<Contrary to what Western society believes, decisions are as much emotional as rational--ask Maurice!> Quite right psycho. But I don't know about the "Western" aspect of that belief. I'd go further and say that decisions are primarily emotional, with a patina of rationality which acts as a fine filter of the emotional dramas propelling the individual. That's why it always seems daft to me when people say to keep emotions out of investing. Or anything else for that matter. What's critical is to maintain a rational overview of the emotional dramas and not just panic, or become full of hubris, greed, envy, jealousy, hope, desperation, performance anxiety, or any of our other emotional afflictions. By thinking one is keeping emotions out of investing, one is breaking rule number one = don't fool yourself. Mqurice

To: psycho_killer who wrote (25834)	1/30/2005 10:22:23 PM
From: Selectric II	Read Replies (2) \| Respond to of 29987

I think the meat of the nut to most here is that to anyone in their right mind -- Maurice Winn included -- the price schedule had to be changed to better reflect supply and demand. When it wasn't, despite all evidence from every source imaginable, the only conclusion to be drawn was that the price setters couldn't possibly be acting in good faith for shareholders' benefit with anything but an alternative motive in mind. Rational people -- the best in the business, as they have been described -- don't act so irrationally. Put another way, no professional could be so dumb. Isn't that it?