July 27, 2002

A pretty good column in today's N.Y. Times from someone not named Krugman, Rich, or Dowd, about the silver lining on the stock market crash. Since my investment was relatively insignificant ($3k), I can look at the 90% decline in value of 3Com and Palm as a life lesson; I think one of the reasons I've refused to sell is that my "portfolio" serves to remind me that there's no such thing as a sure thing, an easy buck. Hopefully, in the future those of us who are still young enough to rebuild our IRA's will be fortified by this sense of humility, a reminder of the price of hubris.

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