From: Spudboy100@aol.com
Date: Sat Mar 01 2003 - 01:01:52 MST
Hi Ron h
<<Let me offer you another homely example. There is a man named Warren
Buffet that out of his own mind earns the kind of money that would really
boost our goals assuming of course that we personally possessed that kind of
wealth. In addition we would be improving our society as a main feature of
the Buffet method is to encourage worthy corporations (in humanistic terms)
by investing in them. Yet not only don't the people on this list not know
how Mr. Buffet does what he does I have querried 3 or 4 of my accounting
instructors (after they had discussed how to invest wisely) about Mr. Buffet
-- they hadn't a clue.
Ron h. >>
Ah yes, Warren Buffet, the Prophet of the plains. There is also George Soros
of the Soros fund. That being said, let us not ignore two counterpoints:
1) There is also a Darwinian aspect to who becomes super rich in the Forbes
500
sense of the phrase. They are intelligent people who gamble correctly,
get into a
niche, and milk it for decades; in oil, in real estate, in government
services,
entertainment, marketing, etc.
2) As Tevya, the milkman, from Fiddler on the Roof sings; "If you're rich,
They think
you really know." The purely American equivalent to this is the
question: "If
you're so smart, why ain't you rich?" Thus, connoting wealth to wisdom
in
covalent amounts. If this were factual, all physicists and astronomers,
mathematicians, and biologist would be rolling in cash. Alas, this is not
the case.
Is Buffet, a special case of billionaire, a special intellect of human; a
throw-forward for the species? I am too un-wise to make such a judgement. As
to whether "we" will change, I have no confidence in. As to what we believe
in, how we govern ourselves, how we create wealth; I would say that yes,
these things must evolve to keep pace with change, to adapt to new
discoveries. etc.
Mitch
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