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To: Oeconomicus who wrote (8485)3/16/1998 11:52:00 PM
From: Bill Harmond  Respond to of 27307
 
Fleckenstein is a smart guy.



To: Oeconomicus who wrote (8485)3/17/1998 1:38:00 PM
From: LRS  Respond to of 27307
 
That article was bogus.

This market only goes up!!!!



To: Oeconomicus who wrote (8485)3/17/1998 4:44:00 PM
From: yard_man  Read Replies (1) | Respond to of 27307
 
>>An ironical sidelight is thrown on this 1928-1929 theory by the
practice of the investment trusts. These were formed for the
purpose of giving the untrained public the benefit of expert
administration of its funds. But most paradoxical was the early
abandonment of research and analysis in guiding
investment-trust policies.<<

Very ironic, indeed.