To: Poohbah
I must admit that I dismissed the idea originally as stupid, but now I see, that if done right (big if), it actually might have some validity. Many times people give information just to make themselves heard. By forcing people to put their money where their mouth is, it seems to be a good way to filter out all of the noise.
27 posted on
07/29/2003 2:05:39 PM PDT by
dfwgator
To: dfwgator
By forcing people to put their money where their mouth is, it seems to be a good way to filter out all of the noise.Just think--if we had required all of the IPO touts that were like kudzu across the news and finance shows in the 1990s to actually put their money where their mouth was, nobody would've put cash into WebVan.com or pets.com.
29 posted on
07/29/2003 2:11:27 PM PDT by
Poohbah
(Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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