[ExI] Efficiency of algorithmic trading

[Kelly Anderson]

On Mon, May 2, 2011 at 1:57 AM, BillK <pharos at gmail.com> wrote:
> On Mon, May 2, 2011 at 8:45 AM, Kelly Anderson wrote:
>> "You cannot help the poor by destroying the rich. You cannot
>> strengthen the weak by weakening the strong. You cannot bring about
>> prosperity by discouraging thrift. You cannot lift the wage earner up
>> by pulling the wage payer down. You cannot further the brotherhood of
>> man by inciting class hatred. You cannot build character and courage
>> by taking away people's initiative and independence. You cannot help
>> people permanently by doing for them, what they could and should do
>> for themselves."
>>   -Abraham Lincoln
>>
>>
>
>
> This was, of course, not written by Abraham Lincoln.
>
> It was written by a Presbyterian minister and his list of pithy maxims
> became wildly popular, especially by the rich who loved quoting the
> first line.
>
> <http://www.snopes.com/quotes/lincoln/prosperity.asp>
> The Rev. William John Henry Boetcker was a Presbyterian minister and
> notable public speaker who served as director of the pro-employer
> Citizens' Industrial Alliance, a position he held when, in 1916, he
> produced a booklet of "nuggets" from his lectures, which included
> maxims such as "We cannot strengthen the weak by weakening the strong"
> and "We cannot help the poor by kicking the rich."
> etc.....

Sorry about that one. Snopes agrees with you. Apparently, even Ronald
Regan was taken in by this one...

It is entirely possible that Lincoln might have said something
similar... it is a true statement no matter where it came from IMHO.

-Kelly