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November 25, 2013


Howard Richmond

I believe in a combination of knowledge based efficient markets and the herd based market. The tulip market in Holland wasn't much different than what we see in the dot com market where the market was driven more by hope and a fear of not joining the herd than a rationale view if the facts. Human greed is an underlying drive that can close the blinkers pretty tightly to the facts.
Howard Richmond

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