wabmester
Thinks s/he gets paid by the post
- Joined
- Dec 6, 2003
- Messages
- 4,459
I really enjoyed this exhange between Bill Gross and Stephen Roach:
http://www.investorsinsight.com/article.asp?id=jmotb100404
My favorite quote is from Gross:
I think we should remind each other that forecasting Armageddon is a tricky business. Mankind's indomitably optimistic spirit has a habit of postponing foggy days until the gloomsters' warnings and ultimate sanity are called into question.
This has always been the source of my investment angst. The numbers look bad, but do I really want to bet against that crazy human drive to fix things on the fly?
http://www.investorsinsight.com/article.asp?id=jmotb100404
My favorite quote is from Gross:
I think we should remind each other that forecasting Armageddon is a tricky business. Mankind's indomitably optimistic spirit has a habit of postponing foggy days until the gloomsters' warnings and ultimate sanity are called into question.
This has always been the source of my investment angst. The numbers look bad, but do I really want to bet against that crazy human drive to fix things on the fly?