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Re: rancherho post# 5255

Wednesday, 12/19/2007 11:52:31 AM

Wednesday, December 19, 2007 11:52:31 AM

Post# of 12660
I tend to place more confidence in the scientific studies published in various journals.

I agree that journal publications are inherently more trustworthy than most PR. But studies of published trials have shown there is still a lot of gaming (as Schering Plough has recently demonstrated with Zetia).

It is a shame to have to think of biotech investing as a potential game of Liar's Poker where the insiders always win.

In most cases I do not necessarily attribute malice. There are a lot of ways to be untrustworthy - and incompetence is more prevalent than malice. As Feynman noted, the easiest person to fool is yourself.
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