Researchers have discovered some interesting things about investors’ perceptions of risk: 1. Fear of loss is exponential. Anxiety increases with the magnitude of the loss. 2. Happiness over a gain decreases as the size of the gain increases. Gaining your first million means much more than gaining a second million. 3. Risk is not symmetrical. Most of us hate losses much more than we love gains.
There is a lot of talk about development of alternative fuels, and a lotgas of progress being made due to the economic incentives provided by $3 gasoline. Personally I would love for a breakthrough that will grant us energy independence and allow us to tell those disagreeable folks that sell us a lot of oil to “go eat sand!” Here’s a run down of some alternative
OK, What’s Next? SARS? Investors have waited nervously for the past 6 months while the war build up was underway, using it for an excuse to not invest. Now that the war has been settled, terrorists aren’t attacking in waves, and germ warfare didn’t materialize, what’s next for us to worry about? Some 'big picture' analysts are already beginning to paint a doomsday scenario