Quote from Gabfly1:
While common sense is a good thing, it is not always accurate or complete. For example, your argument may have more traction at one level of income than at another. Specifically, I refer to income/spending elasticty patterns. Interesting how you only require research for those conclusions you don't intuitively support. I trust your trading is more pragmatic.
decisions made in life are often a result of life's experience. my logic and common sense have saved me from making horrible decisions in life where others clearly did not pay attention. thus, i am 100% confident in my ability to make decisions when put against logic and common sense, even if you are not. in fact, i would argue that your condemnation of the way i go through life is further support for how i do things - given the viewpoints you support and the comments you make.
in other words, if >you< think it's bad, then i know i'm in the right and feel better about it.
as for trading, that is not something you can apply logic to. just like you cannot apply logic to, say, poker or blackjack.