A little knowledge can be a dangerous thing. With financial facts hidden by the purposly turbid water in whiich they seem to swim we all should use your disclamer.
On Jan 13 09:44 AM Smarty_Pants wrote:
> This is the same Ben Stein who stridently argued with Peter Schiff > in August of 2008 that Financials were the place to be. They were > so cheap that they were 'giving them away'. As we all know, since > then XLF has dropped about 50% and it would probably be worse if > TARP wasn't covering up most of the financial ruins in the banking > sector. > > The really dangerous people are those who are smart, but not smart > enough (or too full of themselves) to realize what they don't know > and act accordingly. Usually they're just smart enough to put up > a good front backed by little or no substance. > > The (actual) smartest people I've ever met are the first ones to > point out that they might be wrong about anything, even their field > of expertise. > > When Ben Stein starts adding cautionary statements regarding how > dangerous any particular course of action might be, then I might > start considering his conclusions as something more than a release > of hot air from his over-inflated ego.
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A little knowledge can be a dangerous thing. With financial facts hidden by the purposly turbid water in whiich they seem to swim we all should use your disclamer.
Jan 13 22:41 pm
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All Comments by auto44 »Ben Stein Watch: January 11, 2009 [View article]
On Jan 13 09:44 AM Smarty_Pants wrote:
> This is the same Ben Stein who stridently argued with Peter Schiff
> in August of 2008 that Financials were the place to be. They were
> so cheap that they were 'giving them away'. As we all know, since
> then XLF has dropped about 50% and it would probably be worse if
> TARP wasn't covering up most of the financial ruins in the banking
> sector.
>
> The really dangerous people are those who are smart, but not smart
> enough (or too full of themselves) to realize what they don't know
> and act accordingly. Usually they're just smart enough to put up
> a good front backed by little or no substance.
>
> The (actual) smartest people I've ever met are the first ones to
> point out that they might be wrong about anything, even their field
> of expertise.
>
> When Ben Stein starts adding cautionary statements regarding how
> dangerous any particular course of action might be, then I might
> start considering his conclusions as something more than a release
> of hot air from his over-inflated ego.