tag:blogger.com,1999:blog-2335748440449035592.post3308541350082301201..comments2007-09-04T08:50:18.878-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-27648596675678909112007-09-04T08:50:00.000-04:002007-09-04T08:50:00.000-04:00Hi Larry,<BR/><BR/>Low blow on the football team - this will never be lived down. Hopefully forgotten... by 2050. <BR/><BR/>True on the stocks going up 1000x on no earnings or no real prospects. But I don't think the person buying a home in Sacramento in 2001 for 240K, and seeing it worth 570K in 2006 really did any rocket science either. Just dumb luck in some ways. (I am speaking of the person just looking for a place to live, not the person speculating in 2001 that CA real estate was a great deal and it was time to buy real estate).<BR/><BR/>Let's agree there is silly money being created in bubbles here, there, and everywhere.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-32327278321664864172007-09-02T21:00:00.000-04:002007-09-02T21:00:00.000-04:00"Coming from Michigan I have been astounded at the wealth created by people in CA (and a handful of other states, simply by sitting in the right location for 5 years and doing nothing else other than ‘living’)."<BR/><BR/>No. Silly money and no work is investing in stocks of companies with no earnings and seeing them go up 1000 fold (INSP, ENRN, CPTH etc) <BR/>(Sorry about your football team)Larry Nusbaumhttp://www.blogger.com/profile/00013352939394848216noreply@blogger.com