Replies to post #29175 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Hi Clive and Charlie, Re: Markets, etc.................

I'm reading an interesting book right now called

The Black Swan: The Impact of the Highly Improbable

http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp/1400063515/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1230816694&sr=8-1

This tome seems to lead me to the thought that the AIM "insurance policy" of normally holding cash is a wise one. It spells out the futility of prediction models. Interesting stuff.

Best regards, Tom