tag:blogger.com,1999:blog-5592542.post116102264065445871..comments2024-03-18T17:28:44.693-07:00Comments on Rondam Ramblings: What's wrong with this reasoning?Ronhttp://www.blogger.com/profile/11752242624438232184noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5592542.post-1161105737293683062006-10-17T10:22:00.000-07:002006-10-17T10:22:00.000-07:00he is tossing out the logic behind investing anywa...<I> he is tossing out the logic behind investing anyway as it is selfishly motivated</I><BR/><BR/>No, he's not. He's saying that because people diversify their investments and their motives in that case are selfish, that their motives must therefore be selfish whenever they diversify. But this is false. Diversification is an effective hedge against uncertainty regardless of the underlying Ronhttps://www.blogger.com/profile/14719368822663798864noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-1161027289472574342006-10-16T12:34:00.000-07:002006-10-16T12:34:00.000-07:00He also states But $25 is not going to find a cure...He also states <I>But $25 is not going to find a cure for AIDS</I> as if $100 is, which is pretty thin reasoning (ok, worthless).<BR/><BR/>But your point 2 is not a good criticism because he is tossing out the logic behind investing anyway as it is selfishly motivated.<BR/><BR/>Strange arguments to make though, you're right about that...cobyhttps://www.blogger.com/profile/04042136876169040477noreply@blogger.com