~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SANDY SANDFORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C'punks, On Sun, 29 Dec 1996, Timothy C. May wrote:
Unlike Sandy, I'm not a great believer in multi-year bets as an epistemological tool....
Tim has misstated my belief. I do think that short- or long-term bets fulfill a purpose, but it is not an epistemological one. (Tim, are you thinking of Robin or Nick?) The purpose it serves is to make pontificators more cautious in the pontifications. It's easy to gas on about subjects in which you have no economic stake; we all do that at times. The possiblity of financial loss or reward, however, encourages temperance. S a n d y ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~