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On Mon, 6 Mar 2006, Jonathan King wrote:
On 3/6/06, Mike Miller <EMAIL:PROTECTED> wrote:
I'm sure this kind of knowledge allows some people to become
multi-millionaires. Knowing how to predict real estate values is a
good skill to have.
The difficulty here is that lots of people are speculating (in the
mental and financial sense) on the same things, so that it gets really
tough to "get ahead" in the game.
It's like that with most investments, isn't it? Stock prices seem to
depend more on people's guesses about future values than on the amount of
business a company is expected to do.
Mike
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