Michael Pollak wrote:
>
> On Wed, 21 Sep 2005, Doug Henwood wrote:
>
> > They can, but short selling is risky, and kind of disreputable. (Short
> > sellers are like Wall Street's gangsta rappers.) More people make more
> > money on the way up. But didn't Rhett Butler say you can make a fortune
> > more quickly when something's falling apart?
>
> Also isn't buying when things hit bottom the most reputable thing of all?
> I think it was the Baron de Rothschild who said "When the streets of Paris
> run with blood, I buy."
>
What proportion of the "top 1/2 percent" in wealth do much in-and-out trading on the market? How many even do anything but collect their income and engage in other than economic activity? Was not John D. Rockefeller III more typical of the very richest than was his brother David?
Carrol