too much psychology...IH admits paying 11 million was a mistake specifically for NOT paying the due 89 millions. A simple gambit. peter
On Thu, May 19, 2016 at 4:34 PM, Jed Rothwell <jedrothw...@gmail.com> wrote: > Lennart Thornros <lenn...@thornros.com> wrote: > >> Yes, Alberto. >> That is why Jed's claims are so hard to buy. >> > These are not my claims. I am quoting press releases issued by I.H. You > should say "I.H.'s claims are hard to buy." > > They are saying they made an $11 million mistake. Perhaps you find that > hard to buy, but as it goes against their interests to admit it, you should > grant they seem honest. Also, this is what Bertrand Russell called > "evidence against interest" which is inherently persuasive. Meaning I.H. > has no reason to say this, other than the fact it is true. Christopher > Hitchens described this (quoting someone else): "If the Pope says he > believes in God, he’s only doing his job. If he says he doesn’t believe in > God, he may be onto something." > > IH should have business acumen as most investment companion I have met >> with. >> > "Should have" in what sense? It would be better for them? Yes. You think > they should? That's your opinion. If you are saying investment companies > are uniformly wise with good judgement, I suggest you review the history of > the 2008 economic crash. > > - Jed > > -- Dr. Peter Gluck Cluj, Romania http://egooutpeters.blogspot.com