Subject: Re: Yale Finance Prof. advises 100% stock
You don't know the difference between "squander" and "use"? Interesting.

Have you ever driven past oil fields in Texas & Oklahoma?

If you want to talk about squandering, how about this:
"Gas Flaring is the act of burning off excess natural gas from oil wells when it can't economically be stored and sent elsewhere."

Burning off gas just because it is not economically viable to capture it and sell it. What a waste.