Historically, stocks have sold for 8% more per year than their purchase price. Thus, most stocks in the history of the stock market have sold for more than their purchase price. That's why the total value of the stock market increases on average. In other words, though I agree that many people make the mistake of thinking they are well-suited to judge the stock market, you have overstated your case and thus made the same error.
electionmethods.org is an interesting web site...thanks for the link. I like approval voting now, but I'm not sure I understand Condorcet method correctly...Would the number of decisions each voter has to make increase exponentially under Condorcet voting?
#decisions = [n * (n-1)] / 2
where n is the number of candidates ???
Slashdot Mirror
Historically, stocks have sold for 8% more per year than their purchase price. Thus, most stocks in the history of the stock market have sold for more than their purchase price. That's why the total value of the stock market increases on average. In other words, though I agree that many people make the mistake of thinking they are well-suited to judge the stock market, you have overstated your case and thus made the same error.
it's nice to have skype running at start up, so that incoming calls will be received.
#decisions = [n * (n-1)] / 2
where n is the number of candidates ???
That could be a lot of decisions!