Criminal Past Haunts Bidz.com - Barron's [View article]
Do you actually think there is anyone out there who hasn't read that tripe? I'm pretty sure the company even mentioned it on Friday's conference call.
The argument that they were supposedly right about other companies and thus must be right about this company is a logical fallacy. If you put a blind fold on someone and have them throw thousands of darts, you can assume that one or two will hit a dartboard. However, using the fact that they threw one or two successful throws would not be a logical way to argue that all of their throws would be successful.
-
Do you actually think there is anyone out there who hasn't read that tripe? I'm pretty sure the company even mentioned it on Friday's conference call.
Aug 31 16:46 pm
|Rating:
0
0
All Comments by Alma Templeton »Criminal Past Haunts Bidz.com - Barron's [View article]
The argument that they were supposedly right about other companies and thus must be right about this company is a logical fallacy. If you put a blind fold on someone and have them throw thousands of darts, you can assume that one or two will hit a dartboard. However, using the fact that they threw one or two successful throws would not be a logical way to argue that all of their throws would be successful.