AI
Tuesday, September 17, 2002 5:39:51 PM
Hello Mark,
For the most part we are in agreement. I do not buy your probability assertion. If we were to go back in time let's say to 1964 when the Beatle's landed at JFK on a PAN AM jet, what probability do you think the long term investor would have assigned to the now bankrupt PAN-AM.
In my mind this risk is mitigigated through the use of index funds.
Maybe I should be Aiming treasury derivities!
Regards,
Leap
For the most part we are in agreement. I do not buy your probability assertion. If we were to go back in time let's say to 1964 when the Beatle's landed at JFK on a PAN AM jet, what probability do you think the long term investor would have assigned to the now bankrupt PAN-AM.
In my mind this risk is mitigigated through the use of index funds.
Maybe I should be Aiming treasury derivities!
Regards,
Leap
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