Wednesday, May 23, 2012
Short Note on the Facebook Mess
A very Short Note on the Facebook Mess Tibor R. Machan Why is this Facebook stuff everyone's concern? Looks like the marketplace is working here just as it should, quite unpredictably, with unknown winners and losers on the horizon. Is investing now supposed to be a sure thing? Incredible. Investing means taking risks since what one is banking on is other people's upcoming, yet unknown decisions and that's naturally uncertain. All this pining for a sure thing just gives the politicians an excuse to butt in (even though they have no guarantees to offer either).