Forum Archive Index - December 2001

["michael gore" <michgore@paradise.net.nz>]

Hear hear Hugh,
I subscribe to a number of email forums but this one really takes the cake
for nitpicking over nothing little issues like slightly off topic posts.
Michael
----- Original Message -----
From: "hugh webber" <hugh.webber@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Monday, December 03, 2001 10:46 PM
Subject: Re: [sharechat] On Statistics


> waal, I enjoyed it and it seemed to have some very cautionary lessons for
both chartists and value
> investors alike.
> P.S. I sometimes read material other than company reports and the business
pages but don't tell
> anyone. And I also have a life as a family man with a wife and four kids -
oops, no that's too
> shocking - I withdraw and apologise.
>
> ----------
> From: Emerald Group <emerald.co@actrix.co.nz>
> To: sharechat@sharechat.co.nz
> Subject: Re: [sharechat] On Statistics
> Date: Monday, 3 December 2001 20:52
>
> Does this have any relevance to Sharechat?
> EK
>   ----- Original Message -----
>   From: capitalist
>   To: sharechat@sharechat.co.nz
>   Sent: Monday, December 03, 2001 7:08 PM
>   Subject: [sharechat] On Statistics
>
>
>   I thought some here might enjoy this from free market economist Thomas
Sowell, senior fellow at
> the Hoover Inst. Stanford University.
>
>   "Penetrating the Rhetoric
>
>   -All statements are true, if you are free to redefine their terms.
>   -Any statistics can be extrapolated to the point where they show
disaster.
>   -A can always exceed B if not all of B is counted and/or if A is
exaggerated
>   -Most variables can show either an upward trend or a downward trend,
depending on the base year
> chosen.
>   -The same set of statistics can produce opposite conclusions at
different levels of aggregation.
>   -For every expert, there is an equal & opposite expert, but for every
fact there is not
> necessarily an equal & opposite fact."
>
>   cheers,
>   capitalist
>   "Socialists maintain that we shouldn't take all the money away from all
the people since all the
> people don't have money. We should only take all the money away from the
people who make money." PJ
> O'Rourke
>
>
>
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