Slade: We gotta give the poor old rhinoceros a rest pretty soon.
In the very near past we had Enron. How many analysts bought into earnings scenarios that would have meant that company owning 864%
of Gross World Product?
Why did they do that? Were there that many crooks around? No, the real culprit was and is wishful thinking.
Baack in 1929 10% margin and creative accounting in the Special Miscellaneous Account led to the big crash. Again, wishful thinking caused otherwise normal people to lose sight of reality.
All of which is the downside of an otherwise healthy survival instinct. Go for the gold!
The gold rush, the oil rush, the cyber rush
and many more reflect proper instincts. The casualties represent inevitable lack of thoroughness.
We shall muddle our way through this one, never fear.
Gotta work. See ya later.








