[Grovenet] A new look at an old Constitutional Amendment

[Steve Jerrett]

Bob,

Not quite.

Steve 
  ----- Original Message ----- 
  From: Bob Browning 
  To: Forest Grove local interests list 
  Sent: Wednesday, February 25, 2009 2:40 PM
  Subject: Re: [Grovenet] A new look at an old Constitutional Amendment


  You mean "skewered"??

  bob "bring me a kabob" browning

  Steve Jerrett wrote: 
Bob,

You left the r out of skewed.

Steve
  ----- Original Message ----- 
  From: Bob Browning 
  To: Forest Grove local interests list 
  Sent: Wednesday, February 25, 2009 11:11 AM
  Subject: Re: [Grovenet] A new look at an old Constitutional Amendment


  And thus, with David and Katie and Allen's comments, I once again make my observation that the intellectual level of G'net has got to be well above average!! But, then, maybe we have scared all the Rs away and that has skewed the listserv toward a higher level of intelligence!!

  bob "who, me??" browning
  +++++++++++++++++++++++++++

  Allen Warren wrote: 
The formula developed by Li was both good and bad. <snip>
 
Allen Warren
______________________________
From: Katie Allnutt <allnutt at verizon.net>
To: Forest Grove local interests list <grovenet at rdrop.com>
Sent: Wednesday, February 25, 2009 7:23:24 AM
Subject: Re: [Grovenet] A new look at an old Constitutional Amendment

Good points. I thought the article also did a good job of explaining  
that too many managers believed that the formula by itself made up  
for any variations in those same underlying assumptions.  <snip>

Thanks for reading it.

Katie

On Feb 24, 2009, at 9:56 PM, David Morelli wrote:
The underlying assumption of the formula is that the "the market
knows the value of the product and the market price will reflect the
risk".  <snip>

Caution can be a useful practice.

David

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