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Comments on this blog should never be taken as investment advice

Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumThe Paradox of Regulation

  • In the past when there was less regulation, society relied on people doing "the right thing". It was sort of a catch all, where if it didn't seem right then it probably wasn't. However, as more and more people gamed the system, the solution appeared to be to enact legislation to govern peoples' actions. The paradox of regulation is that in attempting to regulate any aspect of society then anything that was missed by regulation must be OK. So more regulation is enacted to close the loopholes, making it more complicated, more ponderous and more people looking for loopholes. Think tax legislation and Future of Financial reform.

    Here is a list of some important documents:

    Pythagorean theorem: 24 words

    Lord's prayer: 66 words

    Archimedes' Principle: 67 words

    Ten Commandments: 179 words

    Gettysburg address: 286 words

    US Declaration of Independence: 1,300 words

    US Constitution with all 27 Amendments: 7,818 words

    EU regulations on the sale of cabbage: 26,911 words.

    Message to politicians: Drowning, not waving.

    Michael Cornips

    Read full article at:

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