Posted by
Dean on Sunday, August 05, 2007 9:30:05 PM
When we take an important decision it must be with cold eyed logic. For example if we have a stock that must either be sold or not. Say One bought a stock for $100 and its currently trading at $50. One may say “I can’t sell now while it’s down. I’ll lose Money.” To correctly analyze the situation, obviously one will not consider the purchase price. If one has sufficient reason to believe that it will trend up from $50 in the future, not only that but more so then other Issues that may be the alternative use of the Scarce Resource (money) counting transaction cost as well, then one would be wise to hang on to it. If the future prospect is pore relative to alternatives, Dump it!
Now I turn to weather to stay or leave the Sand Box. I hear often that if we cut and run , we “dishonor” the hero’s who have died in the struggle so far. While this is clearly true it is of no value to decision making.
The one thing we have as a Nation is our national reputation. It is orders of magnitude more valuable then all these other little things. (yah, I thick I’m a cold b##tard too.) If we Cut And Run, the whole world will know that OBL was rite. The US of A is nothing but a Paper Tiger. If we persevere, “nothing to fear but fear itself” and all that, We Will Win.
THE WORLD WILL KNOW WE ARE THE LION IN THE JUNGLE.
Foxtrot with U.S. and die.
That’s all. Run and live like cowards for the next two decades, or stand and live like men forever