From: Lee Daniel Crocker (lcrocker@mercury.colossus.net)
Date: Thu Oct 21 1999 - 11:10:54 MDT
> I am now completely out of US stocks, though
> I do have a huge stake in DC area real estate.
How can anyone who has read Julian Simon be comfortable
investing in "natural resources" whose value must
eventually decline, and not invest in the creativity and
ingenuity of boundless human accomplishment? I realize
that short-term prospects may be different, and that a
human lifetime is currently short-term, but I'm still a
lot more comfortable with my money in the hands of hard-
working widget makers than in dirt.
-- Lee Daniel Crocker <lee@piclab.com> <http://www.piclab.com/lcrocker.html> "All inventions or works of authorship original to me, herein and past, are placed irrevocably in the public domain, and may be used or modified for any purpose, without permission, attribution, or notification."--LDC
This archive was generated by hypermail 2.1.5 : Fri Nov 01 2002 - 15:05:34 MST