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

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