CDR: Risk and insurance

[Greg Broiles]

At 12:33 AM 10/22/00 -0700, Ray Dillinger wrote:
>On Wed, 18 Oct 2000, Nathan Saper wrote:
>
> >> So these people are entitled to something for nothing?
> >> (or in this case, $1500 of treatment for $1000 of premiums)?
> >
> >That's the whole idea of insurance, isn't it?
> >
>
>You're trolling, aren't you?
>
>Insurance is a good idea for the insured because it takes
>money to make money.

On the topic of risk and insurance, and apropos discussion of reading 
lists, cypherpunks may find the book "Against the gods: The remarkable 
story of risk" by Peter Bernstein of interest.

--
Greg Broiles
gbroiles at netbox.com