X-Message-Number: 27031 From: Date: Wed, 14 Sep 2005 08:57:03 EDT Subject: Re: Thoughtful post by Peter Merel In a message dated 9/14/2005 5:00:24 A.M. Eastern Daylight Time, writes: What to do with your spare time then? Well, I can't tell you, but for myself I run a teahouse. I try to share technological optimism and mindful irrationalism with the folk who come and take tea with me. Provided, of course, they're open to such talk. Otherwise they can just enjoy the view. Peter Merel. (Rudi writing) I only copied part of this post. But I wanted to observe that, while I am not sure I agree with all of Peter's post, I thought it was thoughtful and well written. In the field of investments, economics, brokerage, and financial planning, there is constant discussion about whether people (and investors) are rational. There is good evidence and research to indicate that they (we) are not. (Source, Peter L. Bernstien, "Against the Gods--The Remarkable Story of Risk"-- a WONDERFUL book on surprisingly fascinating story of risk.) Rudi Hoffman Content-Type: text/html; charset="US-ASCII" [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=27031