Re: Dow 36,000

Lee Daniel Crocker (
Thu, 21 Oct 1999 10:10:54 -0700 (PDT)

> 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 hardworking widget makers than in dirt.

Lee Daniel Crocker <> <>
"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