Subject: Re: Yale Finance Prof. advises 100% stock
[A prominent professor of chemistry] said oil is a most precious resource because of its many invaluable applications, and that burning it up to propel vehicles or to provide heating or whatever was shamefully wasteful.


It must be nice to live in a world where you don't have to consider alternatives or tradeoffs.


I get the thought that we should burn other people's oil -- like the Middle East's oil -- and save ours for later, after they have run out of theirs.

On the other hand, what's the point of saving our resources for our grandchildren's grandchildren's grandchildren's to save it for THEIR grandchildren's grandchildren.
At some point, SOMEBODY is going to use that resource. So why not us in the present?