From: Eliezer S. Yudkowsky (sentience@pobox.com)
Date: Tue Sep 28 1999 - 08:39:13 MDT
If all stocks have infinite potential over infinite time, then the
rational value of a stock is not the expected return; laws of supply and
demand come into play, and the question becomes which stock can provide
the highest return in the least time at the least risk, especially
compared to other investments like T-bonds, venture capital, or opening
your own restaurant.
--
sentience@pobox.com Eliezer S. Yudkowsky
http://pobox.com/~sentience/tmol-faq/meaningoflife.html
Running on BeOS Typing in Dvorak Programming with Patterns
Voting for Libertarians Heading for Singularity There Is A Better Way
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