longk

Riskier Sector ETFs Improve; Investors Now Betting on Economic Recovery

not everything has to make sense.

So you ask yourself: Is it worth trying to make sense of the fact/event, to include the time and effort of estabishing validit and confidence interval?

Well, I can't know that ahead of time, so i make heuristic judgments based on my initial reaction to the fact, and the context in which I discovered the fact. It's important to know that you cannot know the answer ahead of time, but you can trade on it.

My first impression is that if I knew what the first poster was actually saying, I still could not trade off that knowledge, it's important for me not to wonder what he was actually saying. :P

But that judgment has an opportunity cost (1 i am willing to pay) since I will never really know if the hueristic judgment is "correct". I can only estimate its prudence in saving me time to inquire elsewhere, consiering facts that suggest a greater payoff for time invested.

Thats why i read Dr Brett's posts with care, but comments that dont make immediate sense or have immediate utility: not so much.