On Fri, May 16, 2008 at 10:40 PM, Andrew Lentvorski <[EMAIL PROTECTED]> wrote:

> Part of the issue is that venture money is still trying to make money off of
> speculation rather than building new things.  Look at all of the PhD's who
> went to Wall Street to analyze the stock market movements. That's a lot of
> brainpower doing nothing.

Hi Andy,

Your comment "brainpower doing nothing" is complete and utter nonsense.
Understanding how markets work, even if only for private profit, is
profoundly important.

Do you Andy, know how markets work?
Do you Andy, truly believe knowing how markets work is unimportant?
Can you Andy, predict them?

> It was summed up well by a quote from the same person later in the same
> thread:
>
> "Truth is orthogonal to relevance."

If this is true then "truth is irrelevant."
I do not believe that truth is irrelevant.
I believe the quote is wrong. No "not even wrong."

http://en.wikipedia.org/wiki/Wolfgang_Pauli

BobLQ


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