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To: jach who wrote (26829)12/7/1997 4:00:00 PM
From: satish kamat  Respond to of 61433
 
<a lot of people research to get a very good deal for example a 50$ toaster, but will not hesistate to plunk down thousands of $ at risk in stocks without thinking twice>

You make some interesting points. I think people like to work in their comfortable one and not what may be outside but with much higher rewards. A good example is insurance business. Many peope buy all kind of insurance because of the perceived risks or everybody else is doing.

I have learnt not to own a stock if I don't think its products are going to stay for long (more than 10 yrs.).