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To: Blue_Ridge_Mtn_Geek

If the odds ARE in his favor, it is only because of his special gifts, NOT anything you would know about.

I don't say this to call you ignorant. Far from it. It's just that whatever play you make on currency today, you are buying into a market that is SET BY really smart people who have looked at all the evidence, and priced the market accordingly.

If those people all do their jobs correctly, and assuming the speculators are evenly split, there is a 50/50 chance of the gamble paying off.

So the odds are only better if you are smart enough to know something the market as a whole doesn't.

I wouldn't want to bet against Buffet, but on the other hand a lot of people go broke trying to mimic him.


21 posted on 04/30/2005 9:26:34 PM PDT by CharlesWayneCT (http://spaces.msn.com/members/criticallythinking)
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To: CharlesWayneCT

Buffet is one man. America is hundreds of millions of people. I'll take the people and their faith in this country.


23 posted on 04/30/2005 10:34:06 PM PDT by processing please hold (Islam and Christianity do not mix ----9-11 taught us that)
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