<div class="gmail_quote">On 8 January 2012 09:10, Kelly Anderson <span dir="ltr"><<a href="mailto:kellycoinguy@gmail.com">kellycoinguy@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
I wish I could think of a way to outlaw investments that smart people<br>
can't understand, but that's getting in the way of liberty.<br clear="all"></blockquote></div><br>Yes. Not being really a libertarian myself, this would intolerably reek of nanny-State policies.<br><br>Why should I be allowed to bet my life's savings in a night in Las Vegas and not engage in an investment "because I do not really understand it", especially when I can get ruined by perfectly simple, and wrong, business choices? <br>
<br>I also feel very hostile to measure such the prohibition against short-selling. Why should this anybody's business but that of the parties entering into such an arrangement?<br><br>What we need is both more radical and less bureaucratic/paternalistic.<br>
<br>-- <br>Stefano Vaj<br>