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


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