Will Medical Students Change Their Spots When Practicing?
Marvin Ackerman, MD – Shots
Investors in stocks learned a valuable lesson the hard way when their portfolios came tumbling down as overrated equities crashed during the recent bear market reversal.
Hindsight placed the blame, to a large extent, on the fancy illegal manipulations utilized by several top rated companies designed to demonstrate profit where none actually existed. Obviously, only the insiders were aware of what was going on. However, let us assume that financial reports submitted by these companies were legitimate, in the sense that everything was published, including the manipulations, thereby avoiding any lying. If you were an investor, do you honestly believe that you would have been able to detect the manipulations? Let’s face it, would you have even gone to the trouble of trying to do so? The truth is that most individuals tend to rely on the conclusions presented by the investigators and their financial advisers. If you have been reading my articles, you would probably realize by now that this approach to the truth can be fraught with danger.
|He’d weighed all the pros,Then tossed cons all about.
No way to convince him, No siree, not a chance,
All the facts were in place, Nothing else worth a glance.
Gosh! Where had he read that? Who wrote it?
Was he sure? Oh heck! Who cares,About something obscure?
Why change his decision?
So what if there’s doubt,
He’d just make some changes,
And wipe it all out.
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About Marvin Ackerman, MD
Cartoons and Poems following each article are created and copyrighted by Dr. Ackerman and cannot be copied or reproduced without his permission. Copyright © 2009 by Marvin Ackerman, M.D.
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